RE: The Good Ole Cornish Diggers8 May 2025 19:59
I Imagine the SP will show some good signs of growth soon….
South Crofty Project:
Cornish Metals is focused on reactivating the South Crofty tin mine in Cornwall, UK, which closed in 1998.
Early Works:
They have started early project works, including a major dig on the southern boundary of the mine, mine dewatering, and pump station refurbishment.
Funding and Milestones:
Cornish Metals secured a significant investment from the UK's National Wealth Fund, which will help them continue with the project, including completing shaft refurbishment and dewatering.
Timeline:
While the company aims for production as early as 2026, they are currently focused on completing key milestones like shaft refurbishment and dewatering, and ordering long-lead items.