Redmoor: Further Positive Drill Results

Summary by AI BETAClose X

Strategic Minerals plc has announced positive drill results from the western portion of its Redmoor Tungsten-Tin-Copper Project, confirming continuity of high-grade tungsten and tin mineralization within the Sheeted Vein System (SVS), with notable intersections including 1.57% Sn and 1.55% Cu over 2.18m from 575.95m and 2.54% Sn and 3.38% Cu over 0.88m from 580.62m. The results also indicate the presence of additional mineralized zones outside the current resource model, with a newly identified tin-dominant, non-SVS zone showing 4.00m at 0.25% Sn. These findings, particularly the higher tin grades in the western area and the polymetallic composition, are expected to enhance the project's economic potential, with a new Mineral Resource Estimate and economics update anticipated by the end of Q1 2026.

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