First Results from Infill Drilling Programme

Summary by AI ^BETAClose X

Strategic Minerals PLC has announced excellent first drilling results from its Redmoor Tungsten-Tin-Copper Project, confirming high-grade mineralisation with intervals exceeding 1.00% WO₃ and tungsten-equivalent grades over 6.00% WO₃ Eq, alongside significant copper intercepts up to 6.79% Cu over 0.65m. These results reinforce the existing resource model and indicate continuity of structure and grade within the Redmoor Sheeted Vein System. Additionally, a previously unmodelled style of copper-tin mineralisation has been identified in aplitic bodies below the current modelled system, with one interval returning 2.91m at 0.51% Sn and 0.18% Cu. The company also noted that Redmoor remains the highest-grade undeveloped tungsten resource in Europe based on its review.

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Criteria	JORC Code explanation	Commentary
Sampling techniques	· Nature and quality of sampling (eg cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling. · Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems used. · Aspects of the determination of mineralisation that are Material to the Public Report. · In cases where 'industry standard' work has been done this would be relatively simple (eg 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a 30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (eg submarine nodules) may warrant disclosure of detailed information.	CRL 2025-2026 drilling · Diamond drill core was oriented and aligned prior to sampling and cut longitudinally using a diamond core saw. Half-core samples were collected, with the remaining half retained for reference. Sampling was undertaken based on geological boundaries and mineralisation style, with typical sample lengths of approximately 1 m, extending up to 2 m in zones of lower mineralisation. · Unmineralised intervals were generally not sampled; however, selected drillholes (e.g. CRD033) were sampled in full to support geochemical characterisation of the broader mineralised system. · Drillhole orientation was designed to intersect the sheeted vein system (SVS) as close as possible to perpendicular in order to obtain representative sample widths. CRL 2017-2018 drilling · Diamond drill core was oriented, aligned and halved using a core saw, with sampling conducted based on geological boundaries. Sample intervals were typically 1 m, extending up to 2.5 m in less mineralised zones. · Unmineralised intervals were generally not sampled. Sampling protocols are considered appropriate for the style of mineralisation. · Drillholes were oriented where possible to intersect mineralisation at high angles. Due to the presence of multiple mineralised orientations and access constraints, not all drillholes achieved optimal orientation. SWM 1980-1983 drilling · Historical diamond drilling completed by South West Minerals (SWM) between 1980 and 1983 forms part of the Redmoor database and split core samples have been incorporated into the current 2026 Mineral Resource estimate. · Historical sampling was undertaken on diamond drill core, with samples collected for both assay and density determination. · Drillholes were generally oriented to intersect mineralisation at high angles; however, some lodes (e.g. Johnson's Lode), which dip in an opposing direction to the main SVS, were intersected at lower angles. · Historical assay data were subject to verification through check sampling programmes undertaken by Robertson Research International, Alfred H. Knight, and subsequent resampling by SRK/NAE. Additional validation has been provided through Snowden Optiro's 2025 data review and twin-hole comparisons, supporting the reliability of the dataset for Mineral Resource estimation.
Drilling techniques	· Drill type (eg core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (eg core diameter, triple or standard tube, depth of diamond tails, face-sampling bit or other type, whether core is oriented and if so, by what method, etc).	CRL drilling · CRL drilling during 2026 was undertaken using diamond core drilling. Core diameters ranged from PQ, HQ3/HQ to NQ/BTW (approximately 85.0 mm to 42 mm). · All CRL drilling (2017, 2018 and 2025) was undertaken using diamond core drilling. Core diameters ranged from HQ3/HQ to NQ/BTW (approximately 63.5 mm to 42 mm). · Core orientation was undertaken using Reflex ACT tools (ACT II, ACT III and ACTx depending on campaign), with orientation achieved for the majority of the core, particularly within mineralised zones. SWM drilling (1980-1983) · Historic drilling by SWM was completed using HQ, NQ and BQ diamond core. · Drillholes were primarily oriented to intersect the northerly dipping SVS; however, some holes targeted southerly dipping lodes, resulting in variable intersection angles.
Drill sample recovery	· Method of recording and assessing core and chip sample recoveries and results assessed. · Measures taken to maximise sample recovery and ensure representative nature of the samples. · Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.	CRL drilling · Core recovery was recorded on a run-by-run basis, typically within 24 hours of drilling, by measuring recovered core lengths against drilled run lengths and reconciling with core blocks. Core recovery was generally high, typically exceeding 90-95% across all campaigns, including within mineralised zones. · Broken ground, voids and zones of poor recovery were clearly logged. Triple-tube drilling was used where possible (2017 campaign) to maximise recovery in fractured zones. · No material relationship between core recovery and grade has been identified, and no evidence of sampling bias due to preferential loss or gain of material is considered present. SWM drilling · All historic drillholes were completed using HQ, NQ or BQ diamond core. · Core recovery was recorded in historical logs and is generally reported as high (typically 80-100%), with lower recoveries associated with poor ground conditions. · Where poor recovery occurred, holes were commonly re-drilled. There is no evidence of a systematic relationship between recovery and grade.
Logging	· Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. · Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography. · The total length and percentage of the relevant intersections logged.	CRL drilling · All drill core was geologically, structurally and geotechnically logged to a level of detail suitable for Mineral Resource estimation. Logging included lithology, alteration, mineralisation, structure (including alpha and beta angles), and geotechnical characteristics. · Logging was undertaken digitally, supported by structural measurements using a Kenometer. Improvements to logging templates in 2025 and 2026 enabled separation of lithological, structural, alteration and mineralisation datasets. · For 2026 drilling campaign geological information was captured and recorded digitally using MX Deposit software. · Core was photographed in full and linked to downhole geology within Leapfrog software. · Logging is both qualitative and quantitative in nature, and 100% of drilled intervals were logged. · Selected samples were submitted for petrographic analysis to support mineralogical interpretation. SWM drilling · Historical core was logged in detail, with qualitative mineralogical and geological descriptions recorded. Logs remain available for review and include all relevant mineralised intersections.
Sub-sampling techniques and sample preparation	· If core, whether cut or sawn and whether quarter, half or all core taken. · If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. · For all sample types, the nature, quality and appropriateness of the sample preparation technique. · Quality control procedures adopted for all sub-sampling stages to maximise representivity of samples. · Measures taken to ensure that the sampling is representative of the in situ material collected, including for instance results for field duplicate/second-half sampling. · Whether sample sizes are appropriate to the grain size of the material being sampled.	CRL 2025-2026 drilling · Core was cut longitudinally using a diamond saw, with half-core samples submitted for analysis and the remaining half retained in the core trays as a reference record. Sampling was consistently undertaken from the same side of the orientation line to maintain representivity. · Half-core samples were submitted to ALS Loughrea for preparation and analysis. Sample weights were typically in the range of 2-7 kg. Samples were dried and crushed to better than 95% passing 2 mm, after which a 1,000 g split was taken and pulverised to better than 85% passing 75 µm. · QAQC procedures included the insertion of certified reference materials (for all analytes estimated in the 2026 MRE), blanks, coarse duplicates, pulp duplicates and umpire checks at independent laboratory. Internal laboratory QC data, including particle size checks, were reviewed to confirm preparation quality. · Sample preparation techniques and sample sizes are considered appropriate for the style, grain size and variability of the Redmoor mineralisation. CRL 2017-2018 drilling · Core was cut longitudinally using a diamond saw, with half-core samples submitted for analysis and the remaining half retained in the core trays as a reference record. Sampling was consistently undertaken from the same side of the orientation line. · Half-core samples were submitted to ALS Loughrea for preparation and analysis. Sample weights were typically in the range of 3-7 kg. · For holes CRD001 to CRD013, samples were dried and crushed to better than 70% passing 2 mm. A split of up to 250 g was then taken and pulverised to better than 85% passing 75 µm. · For holes CRD014 onwards, samples were dried and crushed to better than 95% passing 2 mm. A 1,000 g split was then taken and pulverised to better than 85% passing 75 µm. · QAQC procedures included insertion of blanks, standards and coarse duplicates. Internal laboratory QC data, including particle size checks, were reviewed, and duplicate sample results were assessed to confirm that sample preparation was not introducing material bias or unacceptable imprecision. · Sample preparation techniques and sample sizes are considered appropriate for the style, grain size and variability of the Redmoor mineralisation. SWM drilling · Historic SWM core was generally sampled at approximately 2 m intervals using both split-core and geochemical chip sampling methods. Chip samples, interpreted to comprise material washed from the core barrel, are considered non-representative and were excluded from Mineral Resource estimation. Only split-core samples were retained for verification and modelling purposes. · Sample-type codes in the database distinguish split-core samples, chip samples, and mixed sampling approaches. Contemporary QAQC procedures such as certified reference materials, blanks and duplicates were not routinely implemented during the 1980-1983 drilling campaigns. · Robertson Research International undertook retrospective checks with Alfred H. Knight (c.10% of samples) and re-assayed Redmoor submissions following identification and correction of an analytical issue, providing reasonable confidence in the WO₃ data. SRK/NAE later performed limited core resampling. · 2025 CRL drilling twinned three historic SWM holes, and Snowden Optiro undertook a detailed comparative review of lithology, structure and assay results, and is satisfied that the historical data are reliable for use in Mineral Resource estimation.
Quality of assay data and laboratory tests	· The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total. · For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc. · Nature of quality control procedures adopted (eg standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (ie lack of bias) and precision have been established.	CRL 2025-2026 drilling · Analysis by method ME-MS61 was carried out using a HF-HNO3-HClO4 acid digestion, HCl leach, and analysed with a combination of ICP-MS and ICP-AES, including Sn, Cu, and W. The upper and lower detection limits have previously been tested and predetermined by CRL and confirmed acceptable for the target elements of Sn, Cu, and W. A limited number of samples were also analysed for Cu, Pb and Zn by method OG62. · Where grades by method ME-MS61 exceed 0.30% W, as previously determined by internal review, an additional assay for high grade W by method ME-XRF15b was subsequently carried out. These results replace relevant W values for ME-MS61. Where grades by method ME-MS61 exceed 500 ppm Sn, an additional assay for high grade Sn was carried out using ME-XRF15b. · The laboratory shared their internal QC data on blanks, pulp duplicates and CRMs. CRL also inserted 7.5% CRMs to test WO₃, Sn and Cu analyses and 5% blanks along with 5% coarse and pulp duplicates, as a further control. · CRM standards were reproducible and within analytical ranges as certified; CRL's blanks show no significant contamination issues and the assays of the laboratory standards, which cover a range of metal values for each of Sn, Cu, WO₃, show no evidence of material bias. · 2.5 % of samples are selected for umpire assays at an independent laboratory and project-specific CRMs for WO₃ and Sn to maintain long-term analytical confidence. CRL 2017-2018 drilling · Analysis by method ME-ICP81x was carried out using a sodium peroxide fusion for decomposition and then analysed by ICP-AES for 34 elements, including Sn, Cu, and W. The upper and lower detection limits are considered acceptable for the target elements of Sn, Cu, and W. A limited number of samples were also analysed for silver by method Ag-ICP61. · Assay method selection (2017-2018): Where WO₃ by ME-ICP81x exceeded 0.50% WO₃, samples were re-analysed by XRF (ME-XRF15b) and the XRF results replaced the corresponding ICP values for reporting and resource evaluation. · Pulp re-assay and updated trigger (2024/2025): Following a review, the XRF trigger was lowered to 0.30% WO₃. CRL re-assayed 73 pulps by XRF at ALS; results showed an ~9% average increase in WO₃ relative to the original ICP assays (with the majority returning higher grades). This work confirms XRF as the preferred method for samples ≥0.30% WO₃ and supports its use for future estimation and reporting. · The laboratory shared their internal QC data on blanks, pulp duplicates and standards. CRL also inserted 5% each of blanks, standards and coarse duplicates, as a further control. · While there was some spread in the repeatability of the 2017 coarse rejects the results are acceptable and to industry guidelines; CRL's blanks show no significant contamination issues and the assays of the laboratory standards, which cover a range of metal values for each of Sn, Cu, W, show no bias subject to the protocol above being used. SWM drilling · Historic SWM drill core was predominantly sampled at ~2 m intervals using two methods: split half-core and geochemical chip sampling. Chip samples are interpreted to comprise material washed from the core barrel and are concentrated in low-grade or unmineralised zones; due to representativity limitations they are not recommended for use in grade estimation. Snowden Optiro have only used the split core samples for modelling and estimation. · Historical SWM assay data were generated by RRI using XRF and colorimetric methods; subsequent check work by Alfred H. Knight provide a basis for confidence in the original WO₃ results. · No additional information is available on the quality control programmes used for the historic drilling. · SRK/NAE re-sampled selected SWM core in 2012-2013 for verification. Snowden Optiro reviewed these results and concluded that the quarter-core versus quarter-core methodology was sub-optimal for the coarse, nuggety wolframite mineralisation at Redmoor. Future verification was recommended to employ half-core versus half-core resampling to maintain equivalent sample support, or through twin hole verification.
Verification of sampling and assaying	· The verification of significant intersections by either independent or alternative company personnel. · The use of twinned holes. · Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols. · Discuss any adjustment to assay data.	CRL 2025-2026 drilling · All assay and QAQC data were internally reviewed by CRL geologists and the Exploration Manager, and independently reviewed by Snowden Optiro. · CRL had previously undertaken analytical checks on historical pulp samples, confirming the need to reduce the high-grade WO₃ re-assay trigger from 0.5% to 0.3%. This updated threshold was applied to the assay database used in the 2026 MRE. · Sn trigger levels were also tested and the 500 ppm threshold was retained. · 2025 CRL drilling twinned three historic SWM holes, and Snowden Optiro undertook a detailed comparative review of lithology, structure and assay tenor, and is satisfied that the historical split core data are sufficiently reliable for use in Mineral Resource estimation. CRL 2018 drilling · Geologica UK previously validated the 2018 drilling database against laboratory certificates. · In 2025, Snowden Optiro completed an additional independent review of the 2017-2018 assay data against original laboratory files. · CRL also undertook targeted pulp re-assays in 2024-2025 to confirm WO₃ grades using XRF. Snowden Optiro considers the resulting dataset fit for Mineral Resource estimation. CRL 2017 drilling · SRK previously reviewed the database and laboratory certificates and confirmed significant intersections. · In 2025, Snowden Optiro re-reviewed the 2017 data as part of the full MRE data assessment and confirmed the earlier conclusions regarding data integrity. · Snowden Optiro reviewed copies of CRL's assay database and laboratory certificates and compared significant intercepts. · SRK conducted a site visit and audit in 2017. Snowden Optiro completed multiple site visits in 2025 / 2026 and reviewed data entry, chain-of-custody and verification procedures. CRL maintains routine off-site backups, and Snowden Optiro recommended migration to a secure relational database and standardisation of historical and modern datasets. · Within significant intercepts, values at detection limits were replaced with half the detection limit. Where duplicate assays existed, the primary assay result was used unless otherwise justified. SWM 1980-1983 drilling · Historical SWM drilling pre-dates routine modern QAQC insertion; however, records indicate that RRI undertook internal check analyses and submitted approximately 10% of samples for Alfred H. Knight check assay. All Redmoor samples since April 1980 were re-assayed due to an issue with a faulty x-ray tube. Snowden Optiro considers this an appropriate historical verification step providing reasonable confidence in the WO₃ data. · SRK re-sampled selected SWM core in 2012-2013 for verification. Snowden Optiro reviewed this work and concluded that quarter-core versus quarter-core resampling was not ideal for coarse, nuggety wolframite mineralisation. · Snowden Optiro therefore recommended twin-hole drilling as a more appropriate verification approach. This was implemented by CRL in 2025. · Snowden Optiro and CRL jointly planned a programme of twin-hole drilling to verify SWM data through direct comparison of lithology, structure and grade tenor. All three twin holes presented the same principal mineralised zones and did not indicate any systematic grade bias. · Snowden Optiro also completed side-by-side sectional review and statistical checks, including Q-Q plots, depth-aligned paired analyses and grade-threshold comparisons, as part of its independent verification. · Collar locations for selected SWM holes were verified in the field using handheld GPS. Downhole survey data and the applied −8° magnetic-to-grid correction were also reviewed and confirmed as appropriate. · Snowden Optiro independently checked relevant original logs against the currently digitised database and considers that no material transcription errors are evident in the geological capture.
Location of data points	· Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation. · Specification of the grid system used. · Quality and adequacy of topographic control.	CRL 2025-2026 drilling · Planned collar locations were recorded as six-figure grid references with RL in metres, in the British National Grid (OSGB) coordinate system. · Final collar coordinates were recorded using a Reach RS2 GPS receiver. Variation from planned position was generally within 10 m. · Collar RL's were draped on the 5 m resolution Lidar topographic surface. · Downhole surveys during 2025 were undertaken using Reflex EZ-Trac at a minimum of every 30 m downhole. Multi-shot surveys were also collected when drill diameter was reduced from HQ to NQ and at end of hole, with readings taken every 3 m up hole. Aluminium extension rods were used to minimise magnetic error. · Downhole surveys during 2026 were undertaken using OMINx38- at a minimum of every 30 m downhole. Multi-shot surveys were also collected when drill diameter was reduced from HQ to NQ and at end of hole, with readings taken every 3 m up hole. · Data were synchronised to IMDEX HUB-IQ, with survey QAQC checks undertaken by CRL geologists. · Initial collar set-up used an optical sighting compass for azimuth and inclinometer for inclination, with azimuth checked prior to and after rig set-up. CRL 2018 drilling · Planned collars were recorded in British National Grid (OSGB) coordinates with RL in metres. · Collar surveys were completed using real-time corrected DGPS by 4D Civil Engineering Surveying Ltd, with final hole position generally within 5 m of the planned location. · Downhole surveys were conducted using Reflex EZ-Trac at minimum 50 m intervals. Aluminium rods were used to reduce magnetic interference. · Initial collar orientation used an optical sighting compass and inclinometer. CRL 2017 drilling · Collar coordinates were recorded in British National Grid (OSGB) with RL in metres and surveyed using real-time corrected DGPS by a professional survey company. · Downhole surveys were collected using Reflex EZ-Trac at a minimum of every 50 m downhole, using aluminium rods to minimise magnetic error. · Initial collar orientation used an optical sighting compass and inclinometer. SWM 1980-1983 drilling · Historic collar locations are recorded on drill logs as six-figure grid references in British National Grid (OSGB). · Where RL data were absent, SRK projected collars onto 2005 LiDAR topographic survey data. · Downhole surveys were typically collected using acid tube tests or single-shot survey cameras at approximately 50 m intervals. · Historic plans and drillhole traces were digitised, and Snowden Optiro reviewed collars against georeferenced plans and is satisfied that coordinate positions are adequate for Mineral Resource estimation.
Data spacing and distribution	· Data spacing for reporting of Exploration Results. · Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied. · Whether sample compositing has been applied.	CRL 2025-2026 drilling · The 2026 programme is principally designed to infill the existing Mineral Resource, test geological and grade continuity at closer drill spacing and provide additional data to support assessment of potential future upgrades in Mineral Resource classification. · The 2025 programme aimed to extend previously identified mineralisation, verify the validity of the SWM drilling dataset through twin-hole drilling, and test mineralisation within the 2019 Exploration Target. · Twinned holes were typically spaced approximately 10-25 m from the corresponding historic holes and were drilled at similar azimuth and dip where practicable, in order to intersect the SVS at the same intersection point. · Samples were composited to 2 m for continuity analysis and grade estimation. CRL 2018 drilling · The 2018 programme was designed primarily to extend previously identified mineralisation. · Hole spacing is typically of the order of 70-150 m, locally closer. · This spacing is considered sufficient to support geological and grade continuity appropriate for an Inferred Mineral Resource classification. · Samples were composited to 2 m for continuity analysis and estimation. CRL 2017 drilling · The 2017 programme aimed to extend and improve continuity of previously identified mineralisation, as well as confirm the presence of the SVS, which was first discovered by SWM. · Within the SVS, drill spacing is typically around 100-150 m and locally less, depending on target geometry and access. · Compositing was applied on a length-weighted basis in support of intercept calculations and later resource estimation workflows. SWM 1980-1983 drilling · Historic drillholes and sample intersections are typically around 100-150 m apart within the main lodes and lode systems, including the SVS, Johnson's Lode and Great South Lode. · This spacing provided an early indication of geological continuity. · All individual sample assays remain available for review and modelling.
Orientation of data in relation to geological structure	· Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. · If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.	CRL 2025-2026 drilling · Drillholes were primarily designed to test the SVS, with some secondary targeting of ancillary lodes such as Johnson's Lode. · The holes were oriented as close as practicable to perpendicular to the SVS to maximise representivity of geological and mineralised widths. CRL 2018 drilling · Drillholes targeted the SVS and ancillary lodes such as Kelly Bray Lode. · Some holes were drilled oblique to mineralisation in order to minimise the impact on local residents and accommodate access constraints. · Notwithstanding this, the SVS is interpreted as a broad tabular mineralised zone and the drilling orientation is considered appropriate for evaluation of the geometry as currently understood. CRL 2017 drilling · Drillholes targeted the SVS, Johnson's Lode, Great South Lode and Kelly Bray Lode, which have differing dips and orientations. · Because some holes intersected more than one target, they could not be perpendicular to all mineralised structures. · Some holes were also drilled oblique to mineralisation in order to minimise disturbance to nearby residents. · Despite this, the SVS mineralisation is interpreted to be a broad tabular zone with an internal plunge component, and the drilling orientation is considered appropriate for evaluation of this geometry as presently understood. · Reported intercepts are generally downhole widths unless otherwise stated. SWM 1980-1983 drilling · Historic holes were generally oriented to intersect the SVS and Great South Lode at angles between approximately 45° and 90°. · In some cases, two or three holes were drilled from a single site to reduce the number of drill pads, and this resulted in shallower than optimum intersection angles for structures such as Johnson's Lode. · Full mineralised intersections are available and no material bias is considered to have been introduced. Differences between intersected and true widths were accounted for in previous evaluations and in the current geological interpretation.
Sample security	· The measures taken to ensure sample security.	CRL drilling · All CRL drill core is stored at CRL's secure warehouse/office facility in Kelly Bray, Callington, with no public access. · Core is stored on racking, catalogued and available for future review. Historical pulps and coarse rejects are also retained by CRL where available. SWM drilling · Remaining SWM drill core is in CRL's custody and stored on private land to which CRL has continued access.
Audits or reviews	· The results of any audits or reviews of sampling techniques and data.	CRL drilling · Snowden Optiro audited CRL's sampling, logging, and QAQC procedures during a comprehensive review in 2025 and found them to meet industry best practice. · Snowden Optiro undertook a total of nine site visits to CRL's Redmoor Project to review and audit drilling, logging, density measurement and sampling practices, as well as standard operating procedures and is satisfied that CRL is performing all activities to a high standard. · SRK previously audited CRL's 2017 drilling programme (June 2017) and identified no significant issues. SWM drilling · No external audit of the historical SWM QAQC is known other than those undertaken by SRK and Snowden Optiro.

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Pad Number	Collar				Orientation at Collar		Final Depth (m)
Pad Number	Drillhole ID	Easting (m)	Northing (m)	Elevation (m)	Azimuth (⁰)	Dip (⁰)	Final Depth (m)
Pad 4	CRD042	236069.13	71209.035	192	192	81	464.4
	CRD043	236069.13	71209.035	192	210	85	505.65
	CRD044_D1	236069.13	71209.035	192	130	85	470.4

Sample Start	From (m)	To (m)	Interval (m)	WO3 %	Cu %	Sn %	Ag g/t	WO3. Eq. %	Comments
Zones of Mineralisation Outside Redmoor SVS
CRL007425-27	31.00	34.00	3.00	0.43	0.20	0.04	3.12	0.49	S.V.S Mineralisation
incl. CRL007426	32.00	33.00	1.00	1.25	0.17	0.05	3.40	1.31	S.V.S Mineralisation
CRL007445	132.10	134.10	2.00	0.24	0.04	0.01	0.27	0.25	S.V.S Mineralisation
CRL007453	163.00	163.84	0.84	0.27	0.15	0.06	1.74	0.32	S.V.S Mineralisation
Redmoor Deposit Mineralisation
CRL007482	241.20	242.40	1.20	0.08	1.03	0.03	7.41	0.26	High-Grade Domain 1009
CRL007502	273.00	274.00	1.00	0.01	0.97	0.02	20.90	0.25	High-Grade Domain 1002
CRL007506-08	279.00	283.07	4.07	0.07	0.50	0.02	6.54	0.17	High-Grade Domain 1002
incl. CRL007507	280.62	281.71	1.09	0.01	1.22	0.03	16.30	0.26	High-Grade Domain 1002
CRL007527-28	306.31	309.15	2.84	0.09	0.53	0.08	6.08	0.22	High-Grade Domain 1003
incl. CRL007528	308.15	309.15	1.00	0.21	0.77	0.11	8.46	0.40	High-Grade Domain 1003
CRL007535	315.00	316.00	1.00	0.03	1.12	0.02	8.59	0.23	Lode-Style Cu Mineralisation
CRL007538	320.00	321.38	1.38	0.00	0.26	0.69	4.49	0.34	Lode-Style Sn Mineralisation
CRL007541-51	322.72	334.78	12.06	1.15	1.70	0.04	11.77	1.45	High-Grade Domain 1001
incl. CRL007541-42	322.72	325.70	2.98	2.21	1.95	0.04	15.39	2.56	High-Grade Domain 1001
cont. CRL007542	324.67	325.70	1.03	5.90	3.68	0.05	29.50	6.54	High-Grade Domain 1001
incl. CRL007545-46	328.99	331.40	2.41	0.45	3.10	0.04	19.57	0.97	High-Grade Domain 1001
incl. CRL007547	331.40	333.03	1.63	3.38	0.54	0.03	4.18	3.48	High-Grade Domain 1001
and CRL007548	333.03	333.68	0.65	0.10	6.79	0.05	43.90	1.22	High-Grade Domain 1001
CRL007553-54	336.42	339.00	2.58	0.30	0.60	0.01	3.77	0.40	Lode-Style Cu Mineralisation
incl. CRL007553	336.42	338.00	1.58	0.35	0.45	0.00	3.07	0.43	Lode-Style Cu Mineralisation
CRL007558-59	342.00	344.00	2.00	0.65	0.86	0.02	7.07	0.80	S.V.S Mineralisation
incl. CRL007559	343.00	344.00	1.00	0.58	1.16	0.02	9.27	0.78	S.V.S Mineralisation
CRL007562-67	344.90	352.00	7.10	0.69	1.38	0.06	14.66	0.97	High-Grade Domain 1005
incl. CRL007564-66	346.25	350.75	4.50	1.01	1.82	0.07	19.53	1.37	High-Grade Domain 1005
cont. CRL007566	348.75	350.75	2.00	1.88	2.03	0.06	24.10	2.28	High-Grade Domain 1005
CRL007575	358.00	360.00	2.00	0.13	0.78	0.10	11.35	0.33	High-Grade Domain 1005
CRL007585-86	372.00	373.12	1.12	0.32	1.08	0.02	14.31	0.53	High-Grade Domain 2001
incl. CRL007586	372.55	373.12	0.57	0.53	1.74	0.03	20.70	0.87	High-Grade Domain 2001
CRL007594	379.10	379.93	0.83	0.21	0.02	0.02	0.28	0.22	S.V.S Mineralisation
CRL007601-02	387.00	388.70	1.70	0.39	1.48	0.16	15.38	0.73	S.V.S Mineralisation
incl. CRL007602	388.10	388.70	0.60	1.11	3.53	0.41	36.20	1.91	S.V.S Mineralisation
CRL007608-14	397.03	404.15	7.12	0.15	0.65	0.28	12.61	0.40	High-Grade Domain 1004
incl. CRL007611	398.00	399.70	1.70	0.02	1.71	0.93	37.20	0.79	High-Grade Domain 1004
incl. CRL007613-14	400.30	404.15	3.85	0.24	0.36	0.10	5.46	0.35	High-Grade Domain 1004
CRL007621	413.00	414.00	1.00	0.26	0.22	0.03	2.74	0.31	S.V.S Mineralisation
CRL007632	425.60	426.88	1.28	0.08	0.69	0.02	6.22	0.20	High-Grade Domain 1006
CRL007635	430.00	431.00	1.00	0.27	0.03	0.01	0.31	0.28	S.V.S Mineralisation

Sample Start	From (m)	To (m)	Interval (m)	WO3 %	Cu %	Sn %	Ag g/t	WO3. Eq %	Comments
Zones of Mineralisation Outside Redmoor SVS
CRL007679	33.55	35.00	1.45	0.08	0.27	0.07	3.26	0.16	Lode-Style Cu Mineralisation
CRL007687-88	203.55	205.88	2.33	0.04	0.12	0.24	1.51	0.16	Lode-Style Sn+Cu Mineralisation
incl. CRL007687	203.55	204.65	1.10	0.06	0.22	0.28	2.70	0.22	Lode-Style Sn+Cu Mineralisation
CRL007698	216.85	218.70	1.85	0.07	1.33	0.02	15.50	0.32	Lode-Style Cu Mineralisation
CRL007711-12	233.13	235.38	2.25	0.06	0.29	0.12	3.26	0.16	Lode-Style Sn+Cu Mineralisation
incl. CRL007711	233.13	234.36	1.23	0.07	0.24	0.20	4.16	0.20	Lode-Style Sn+Cu Mineralisation
Redmoor Deposit Mineralisation
CRL007721	249.00	250.50	1.50	0.19	0.40	0.01	2.26	0.26	High-Grade Domain 1009
CRL007746	264.94	266.27	1.33	0.96	0.13	0.01	1.37	0.99	S.V.S Mineralisation
CRL007754-63	275.00	289.00	14.00	0.40	0.39	0.02	5.48	0.48	High-Grade Domain 1002
incl. CRL007758-61	281.75	285.50	3.75	1.06	1.05	0.02	16.56	1.29	High-Grade Domain 1002
cont. CRL007761	284.08	285.50	1.42	2.63	0.16	0.01	1.78	2.66	High-Grade Domain 1002
incl. CRL007763	287.50	289.00	1.50	0.56	0.01	0.01	0.03	0.56	High-Grade Domain 1002
CRL007781-93	310.40	325.15	14.75	0.43	0.51	0.07	5.10	0.55	High-Grade Domain 1003
incl. CRL007783	311.90	312.75	0.85	0.95	0.92	0.10	9.10	1.16	High-Grade Domain 1003
incl. CRL007788	318.30	319.75	1.45	2.77	0.77	0.05	8.20	2.93	High-Grade Domain 1003
incl. CRL007792-93	321.75	325.15	3.40	0.35	0.90	0.13	9.24	0.57	High-Grade Domain 1003
cont. CRL007792	321.75	323.40	1.65	0.64	0.88	0.14	10.35	0.86	High-Grade Domain 1003
CRL007796	327.50	328.75	1.25	0.34	0.42	0.07	3.16	0.44	High-Grade Domain 1001
CRL007801	333.00	334.00	1.00	0.75	0.88	0.02	4.56	0.90	High-Grade Domain 1001
CRL007803-05	336.00	339.30	3.30	0.14	0.69	0.01	4.44	0.26	High-Grade Domain 1001
CRL007807-17	340.00	352.00	12.00	0.79	0.51	0.07	5.40	0.91	High-Grade Domain 1005
incl. CRL007811-12	343.46	346.60	3.14	0.52	0.60	0.15	4.73	0.68	High-Grade Domain 1005
incl. CRL007815-17	348.70	352.00	3.30	2.24	0.90	0.08	10.66	2.44	High-Grade Domain 1005
cont. CRL007817	351.00	352.00	1.00	6.00	1.54	0.22	20.50	6.39	High-Grade Domain 1005
CRL007819	353.00	354.50	1.50	0.49	0.33	0.02	3.90	0.56	High-Grade Domain 1005
CRL007823	357.70	359.00	1.30	1.09	0.86	0.05	11.20	1.27	High-Grade Domain 1005
CRL007825-27	360.00	363.88	3.88	0.38	0.28	0.02	4.38	0.44	S.V.S Mineralisation
incl. CRL007827	362.55	363.88	1.33	0.71	0.10	0.01	1.58	0.73	S.V.S Mineralisation
CRL007837	373.10	374.40	1.30	0.17	0.20	0.03	3.16	0.22	High-Grade Domain 2001
CRL007844-48	380.40	386.20	5.80	0.47	0.93	0.04	13.65	0.67	High-Grade Domain 2001
incl. CRL007846	382.50	383.50	1.00	1.82	2.37	0.11	31.70	2.33	High-Grade Domain 2001
CRL007861-62	397.25	399.53	2.88	0.17	0.30	0.03	9.33	0.26	High-Grade Domain 1004
CRL007873	409.87	411.00	1.13	1.26	0.38	0.02	10.30	1.36	High-Grade Domain 1004
CRL007893-94	430.91	434.00	3.09	0.11	0.27	0.01	2.06	0.16	High-Grade Domain 1006
CRL008001-03	441.00	445.00	4.00	0.51	0.28	0.02	2.19	0.56	S.V.S Mineralisation
incl. CRL008003	444.00	445.00	1.00	1.93	0.27	0.02	2.16	1.98	S.V.S Mineralisation
CRL008007-11	449.00	451.94	2.94	0.72	0.57	0.02	5.80	0.83	S.V.S Mineralisation
incl. CRL008011	451.00	451.94	0.94	2.07	1.07	0.01	10.35	2.27	S.V.S Mineralisation
CRL008015	456.00	457.93	1.93	0.63	0.04	0.01	0.54	0.64	S.V.S Mineralisation
CRL008019	461.00	462.00	1.00	0.26	0.06	0.00	0.47	0.27	S.V.S Mineralisation

Sample Start	From (m)	To (m)	Interval (m)	WO3 %	Cu %	Sn %	Ag g/t	WO3. Eq. %	Comments
Redmoor Deposit Mineralisation
CRL008397	280.00	281.00	1.00	5.14	0.06	0.00	0.88	5.15	High-Grade Domain 1009
CRL008414-16	305.00	309.19	4.19	0.03	0.35	0.10	3.63	0.13	High-Grade Domain 1002
incl. CRL008416	307.95	309.19	1.24	0.04	0.96	0.04	8.07	0.22	High-Grade Domain 1002
CRL008422	316.40	317.90	1.50	0.25	0.65	0.03	7.53	0.38	High-Grade Domain 1002
CRL008427	325.14	327.14	2.00	0.31	0.13	0.03	2.42	0.35	S.V.S Mineralisation
CRL008439	343.55	345.1	1.55	1.66	0.48	0.05	5.88	1.77	High-Grade Domain 1003
CRL008445	351.49	352.66	1.17	3.24	0.95	0.09	15.30	3.47	High-Grade Domain 1003
CRL008454-57	362.00	369.00	7.00	0.15	0.35	0.02	4.46	0.23	High-Grade Domain 1001
incl. CRL008457	367.00	369.00	2.00	0.42	0.38	0.05	4.46	0.51	High-Grade Domain 1001
CRL008464-71	376.80	385.00	8.20	1.23	0.77	0.03	9.38	1.38	High-Grade Domain 1001
incl. CRL008464-65	376.80	379.10	2.30	3.90	0.80	0.03	9.17	4.06	High-Grade Domain 1001
cont. CRL008465	378.08	379.10	1.02	6.16	0.91	0.03	9.89	6.34	High-Grade Domain 1001
and CRL008468	383.00	384.00	1.00	0.28	2.24	0.03	25.10	0.70	High-Grade Domain 1001
CRL008474	388.00	390.00	2.00	0.59	0.65	0.05	9.06	0.74	S.V.S Mineralisation
CRL008477-79	394.00	399.00	5.00	0.13	0.41	0.24	7.50	0.32	High-Grade Domain 1005
incl. CRL008479	398.00	399.00	1.00	0.34	1.73	1.13	30.90	1.16	High-Grade Domain 1005
CRL008488	410.35	411.77	1.42	0.01	1.14	0.01	12.45	0.22	High-Grade Domain 1005
CRL008494-96	417.00	421.00	4.00	0.44	0.39	0.02	3.43	0.52	S.V.S Mineralisation
incl. CRL008495	419.00	420.38	1.38	1.24	0.73	0.02	6.28	1.38	S.V.S Mineralisation
CRL008498-99	423.00	426.00	3.00	0.06	0.82	0.04	10.31	0.23	S.V.S Mineralisation
CRL008502	428.00	429.34	1.34	0.50	1.84	1.49	52.90	1.58	S.V.S Mineralisation
Zones of Mineralisation Outside Redmoor SVS
CRL008503-05	429.34	434.14	4.80	0.12	0.35	0.09	9.23	0.24	Granitic Sn-Cu Mineralisation
incl. CRL008505	432.48	434.14	1.66	0.33	0.15	0.11	2.57	0.41	Granitic Sn-Cu Mineralisation
CRL008515	448.00	450.00	2.00	0.01	0.09	0.26	2.38	0.14	Granitic Sn-Cu Mineralisation
CRL008518-19	454.00	456.91	2.91	0.01	0.18	0.51	5.10	0.26	Granitic Sn-Cu Mineralisation
incl. CRL008519	455.91	456.91	1.00	0.00	0.37	1.10	11.15	0.55	Granitic Sn-Cu Mineralisation

For further information, please contact:

Strategic Minerals plc		+44 (0) 207 389 7067
Mark Burnett
Executive Director
Website:	www.strategicminerals.net
Email:	info@strategicminerals.net

Follow Strategic Minerals on:
X:	@StrategicMnrls
LinkedIn:	https://www.linkedin.com/company/strategic-minerals-plc

SP Angel Corporate Finance LLP		+44 (0) 20 3470 0470
Nominated Adviser and Broker
Matthew Johnson/Charlie Bouverat/Grant Barker Zeus Capital Limited Joint Broker Harry Ansell/Katy Mitchell		+44 (0) 203 829 5000

Vigo Consulting		+44 (0) 207 390 0234
Investor Relations
Ben Simons/George Pope
Email:	strategicminerals@vigoconsulting.com

First Results from Infill Drilling Programme

Summary by AI ^BETAClose X

Individual Laboratory Results Per Sample used to form highlighted composite intervals in results from CRD042, CRD043 and CRD044_D1.

JORC Code, 2012 Edition - Table 1 report

Section 1 Sampling Techniques and Data

Section 2 Reporting of Exploration Results

Companies

UK 100

Latest directors dealings

Resource category	Domain	Tonnage (Mt)	NSR (US$/t)	WO₃ Eq grade (%)	WO₃ grade (%)	Sn grade (%)	Cu grade (%)	Ag grade (g/t)
Inferred	Tungsten HGDs	7.30	499	0.98	0.83	0.12	0.53	7.0
	Tin HGDs	1.95	208	0.44	0.14	0.50	0.50	7.6
	Cu Domain SVS	8.02	196	0.40	0.28	0.13	0.34	4.3
	Low Grade SVS	0.12	125	0.25	0.17	0.10	0.16	2.7
Total Inferred		17.40	324	0.65	0.49	0.17	0.44	5.8
Total Mineral Resources		17.40	324	0.65	0.49	0.17	0.44	5.8
The preceding statement of Mineral Resources conforms to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code) 2012 Edition. All tonnages reported are dry metric tonnes. Minor discrepancies may occur due to rounding to appropriate significant figures.

First Results from Infill Drilling Programme

Summary by AI BETAClose X

Individual Laboratory Results Per Sample used to form highlighted composite intervals in results from CRD042, CRD043 and CRD044_D1.

JORC Code, 2012 Edition - Table 1 report

Section 1 Sampling Techniques and Data

Section 2 Reporting of Exploration Results

Companies

UK 100

Latest directors dealings

Summary by AI ^BETAClose X