Tamar Valley Licence Area

Overview

Cornwall Resources Limited ("CRL") are actively seeking to further develop the Redmoor Project towards Feasibility, whilst also undertaking  licence-wide regional exploration to develop further mineralisation targets and potential satellite resources to Redmoor.

In addition to the 23.68km² Redmoor licence area, from 1st April 2024, CRL have an exclusive Mineral Rights Agreement with The Duchy of Cornwall for exploration within the parishes of Calstock, Stoke Climsland and certain areas of Callington and Linkinhorne parishes adjoining CRL's existing mineral rights area. This agreement increases CRL's total operating area to 87.95km² within the, historically productive and highly prospective, Tamar Valley Mining District.

The new Tamar Valley Licence Area contains historic mine workings for Copper, Tin, Tungsten, and other base metals, in addition to Silver, as well as significant exploration potential. CRL are undertaking reviews of historic datasets to refine a regional exploration program over these areas, which will include; geological mapping, soil and stream sediment sampling, geophysics and potential borehole drilling activities. Building upon CRL's extensive experience in conducting these regional activities, as evidence by the Deep Digital Cornwall project, CRL will work closely with landowners and farming tenants to facilitate necessary land access arrangement whilst maintaining a low impact approach to activities.
CRL Mineral Rights Agreement Areas. Map shows two areas, one being CRL's longstanding Redmoor exploration area, and the second being the new and larger exploration area covered by the Duchy licence agreement.

Tamar Valley License Area

The new Tamar Valley Licence Area contains historic mine workings for Copper, Tin, Tungsten, and other base metals, in addition to Silver, as well as significant exploration potential. CRL are undertaking reviews of historic datasets to refine a regional exploration program over these areas, which may include; geological mapping, soil and stream sediment sampling, geophysics and potential borehole drilling activities. 

Building upon CRL's extensive experience in conducting these regional activities, as evidence by the Deep Digital Cornwall project, CRL will work closely with landowners and farming tenants to facilitate necessary land access arrangement whilst maintaining a low impact approach to activities.
Combined CRL Exploration Area

Commenting, Alan Broome AM, Chairman of Strategic Minerals said:

“This agreement with The Duchy of Cornwall materially strengthens CRL’s mineral rights footprint in the Tamar Valley Mining District by increasing it by a factor of almost four times. Strategic Minerals and CRL are honoured to be trusted to deliver progress in compliance with The Duchy of Cornwall’s strategic objectives. The CRL team is excited to progress initial reviews of the data and historical information available aimed at determining the design of the most logical work programs, with further announcements to follow.

“CRL’s regional presence has been significantly strengthened with the addition of these prestigious mineral rights in areas that historically supported active mining within the Tamar Valley Mining District. This development further underwrites the Company’s strategy to be part of, and benefit from, the resurgence of mining activity in the UK and directly contribute to the deliverability of the UK’s Critical Minerals Strategy and Cornwall’s ambition to be a world-class region for metal mining and georesources.”

Commenting, Joshua Conibear of Wardell Armstrong LLP, the Duchy of Cornwall’s Mineral Agent, said:


“The Duchy of Cornwall recognises the importance of the potential resources of Critical Minerals located within its mineral rights holdings and grants appropriate agreements with companies wishing to explore these opportunities.”

FAQs

Who are Cornwall Resources Limited? 

Cornwall Resources Limited (“CRL”) are an exploration and resource development company based in Kelly Bray, Cornwall, who since 2016 have been focused on the development of the Redmoor Tungsten-Tin-Copper deposit and further exploration for other critical metal deposits that are needed to support the UK’s transition to a Net-Zero economy. 


CRL has an existing 23km² mineral rights agreement with Redmoor Minerals Limited covering the historic parish boundaries of Callington and South Hill, in east Cornwall.


Cornwall Resources are a wholly owned subsidiary of Strategic Minerals Plc (Strategic Minerals Plc - mining producer and explorer)


What activities has CRL undertaken?

CRL is currently developing the Redmoor Tungsten-Tin-Copper deposit, in Kelly Bray, which through its previous exploration drilling and related activities, identified an underground, inferred Mineral Resource Estimate of 11.7 million tons @ 1.17% Tin equivalent, composed of high-grade zones of Tungsten-Tin-Copper mineralisation. 


CRL are actively reviewing and studying all historical drill core, with the objective of identifying further mineralisation outside of the current resource and outlining targets for future drilling programs, which will aim to increase the resource size and confidence and take the project from Scoping Study stage to Pre-Feasibility stage.


CRL provided Redmoor as a field site for the acquisition of new geochemical and geophysical data and the development of geological expertise (in conjunction with Camborne School of Mones) as part of the Deep Digital Cornwall project. This program consisted of the collection of 2,186 soil samples, geophysical surveys and other field-based studies across the Redmoor license area. 


What is the Tamar Valley license Area?

The Tamar Valley License Area is a land package of c.64km² that encompasses Mineral Rights owned and held by The Duchy of Cornwall.



This license is the first of its kind to be awarded, in modern times, to a resource company by The Duchy of Cornwall. These exclusive rights allow CRL the ability explore within the historically productive Tamar Valley Mining District. 


The Tamar Valley License Area is adjacent to CRL’s Redmoor License area and extends northwards and eastwards from Kelly Bray to the Tamar River, and contains the historic Prince of Wales Mine, Gunnislake Clitters and Drakewalls Mines, along with numerous other sites of geological interest.


What does the granting of these Mineral Rights mean?

The granting of Mineral Rights permits exclusive access to CRL to explore for minerals within the Tamar Valley License Area, with the aim of identifying any potentially economic mineral occurrences that are located within the area.


This does not mean that CRL has unrestricted access to the land within the license. CRL will work closely with surface landowners and tenants to arrange land access and mitigate disruption. CRL has a strong track record of working with surface landowners and tenants to facilitate exploration activities, as evidenced by successful completion of drilling activities at Redmoor and through the completion of the Deep Digital Cornwall project.


The granting of the Tamar Valley License Area will allow for the identification of areas of interest, through the completion of desk studies and initial prospecting activities. Any areas of interest will then be subject to preliminary exploration, such as soil sampling, with the objective of confirming the presence of any minerals of interest.


What kind of activities can we expect?

Mineral exploration encompasses a variety of different techniques and methodologies depending on the type of mineral deposit being explored for, typically early-stage exploration is focused on reconnaissance and the collection of baseline data, this is typically done through the collection of stream sediment and soil samples, geological mapping, and the collection of rock samples and geophysics.


If a mineral or geochemical occurrence is identified, the exploration program can focus on smaller areas that require more comprehensive exploration techniques such as trenching, detailed geochemical sampling and geophysics. If there are positive indications that there may be economically significant mineral occurrences, then diamond drilling using a borehole drill rig may be employed to drill the subsurface to extract rock samples used to identify the extent and type of mineralisation. CRL have successfully completed 32 boreholes at Redmoor over two 6-month drilling campaigns.


This process typically happens over several years, with project development often taking up to 15 years and being subject to planning permission. To successfully identify a potentially economic mineral deposit, these exploration techniques are undertaken with the highest diligence to ensure that nothing is missed, whilst working to strict environmental standard, and limiting disturbance.


Importantly, these processes are not undertaken without close communication with all stakeholders and engagement with local landowners, tenants, and communities.


What impact will this have on the local community?

CRL always aims to have a positive impact on the local community. All our activities are carried out with the local community and environment at the forefront of our plans, and we aim to cause as little disruption as possible. The early stages of the exploration process are typically very-low in terms of visible activity, with little to no impact on people or environment, but we always aim to work transparently so that local communities and stakeholders are aware of our activities and can raise concerns and/or ask questions should they arise.


CRL has previously undertaken two drilling programs and maintained high environmental standards throughout, adopting novel environmental mitigations to reduce impact on the environment or communities. CRL also maintained strong environmental standards whilst undertaking its regional soil sampling program as part of the Deep Digital Cornwall program, engaging with well over 50 landowners, and at a minimum maintaining the integrity of the land which it worked on.


CRL aims to support local communities in improving the local environment and to involve them in our activities. CRL holds regular engagement events in Parish and Council halls to update its community on prpject activities and plans.


What’s next? 

In the near term, CRL will begin liaising with local councils, stakeholders and organisations in order to introduce ourselves and expand our regular community information events to all communities covered by our expanded operating area. Our events allow local communities and stakeholders to gain information about our activities, ask questions, and meet CRL staff members. 


CRL will continue desk-based studies focused on identifying areas of interest for initial exploration and reconnaissance. CRL aims to undertake preliminary geochemical soil and stream sediment sampling surveys during 2024 in identified target areas. Furthermore, any economically interesting mineral occurrences may be subject to more advanced exploration, such as diamond drilling. Drilling activities require permission from Cornwall Council and information on these activities will be published well in advance of their commencement.


Cornwall has a rich and extensive mining history and CRL believes that some of these historical areas, deserve further exploration and have great potential to reinvigorate the mining industry in Cornwall.


Will there be a mine and, if so, what will it be like? 

CRL is currently undertaking exploration activities, primarily focused on Redmoor in Kelly Bray. Other regional exploration activities are aimed initially at developing satellite resources to a future potential mine at Redmoor. 


Any future mine will be subject to design during project feasibility stages and will pass through consultation and planning applications before it is built. Any mine at Redmoor, or within CRL’s operating area is expected to be underground and deep enough to limit surface disturbance. Modern surface facilities will service the underground mine and process the mined ore, and the location of these facilities will also be subject to further study.


What areas are covered by CRL’s licenses

The combined areas of Callington, South Hill, Calstock and Stoke Climsland parishes, and a small area of Linkinhorne parish, see map .


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