**Summary**
Strategic Minerals plc, through its subsidiary Cornwall Resources Limited (CRL), has announced the discovery of a new tin zone, named the "North Tin Zone," at the Redmoor Tungsten-Tin-Copper Project in Cornwall, UK. This discovery is significant as it represents a distinct and continuous tin-dominant mineralized structure separate from the existing Redmoor Sheeted Vein System (SVS) deposit. The North Tin Zone was confirmed through analysis of drilling results, historical relogging, and newly validated 1980s datasets. Key highlights include
1. **Confirmation of a New Zone** The North Tin Zone is a large, mineralized structure with visible cassiterite (tin oxide), confirmed by drilling and geological modeling.
2. **Potential for Resource Growth** The zone has the potential to support future Mineral Resource definition, subject to estimation and economic assessment (RPEEE).
3. **High-Grade Intersections** Notable intersections include 4.00m @ 0.25% Sn, 0.01% Cu, and 2.00m @ 0.40% Sn, 0.02% Cu. Historical intersections also show high tin grades, such as 1.00m @ 5.13% Sn.
4. **Strategic Importance** The discovery adds long-term potential for significant resource growth at Redmoor, complementing the existing SVS deposit.
5. **Market Context** The project benefits from tightening supply and surging demand for tungsten, tin, copper, and silver, with tin and copper prices rallying due to market dynamics.
CRL plans to include the North Tin Zone in the forthcoming Mineral Resource Estimate (MRE) update, alongside continued expansion of the SVS deposit. This discovery underscores Redmoors polymetallic potential and the teams successful exploration efforts.