Business
SOUTH CROFTY PROJECT UPDATE
SOUTH CROFTY PROJECT UPDATE.
About this update from Cornish Metals Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n CORNISH METALS PROVIDES SOUTH CROFTY PROJECT UPDATE\n \n \n \n \n \n \n \n \n \n Vancouver, November 7, 2022\n \n \n \n \n Cornish Metals Inc.\n \n (TSX-V/AIM: CUSN) (\"Cornish Metals\" or the \"Company\"), is a dual-listed company focused on advancing the past producing South Crofty high-grade, underground tin project through a parallel mine dewatering programme, delivery of a Feasibility Study and exploring its additional mineral rights, all located in Cornwall, South West England.\n \n \n Following the £40.5 million financing completed in May 2022, the Company is pleased to provide the following operations update on the South Crofty tin project. Photographs of some of the activities underway can be viewed\n \n \n here\n \n \n .\n \n \n \n Richard Williams, CEO of Cornish Metals Inc, commented\n \n ; \"It is wonderful to see the level of activity underway at South Crofty, as we progress through the construction of the Water Treatment Plant, and undertake a metallurgical sample drill programme. We are now in an exciting period for the Company and our stakeholders. It is inspiring to see the pride and dedication that our team displays, knowing that they are contributing to the success of a project that means a lot to the local community and a restart of the Cornish tin industry.\"\n \n \n \n Water Treatment Plant Construction (WTP)\n \n \n \n · The WTP construction is on track for planned commissioning in June 2023.\n \n · Detailed design of the WTP is now 75% complete.\n \n · The current cost estimate for the WTP is between £6.5 to £7.0 million.\n \n · The foundation slab for the WTP has been designed, the shuttering and steel reinforcement complete and concrete pouring has commenced.\n \n · The treated water discharge duct from the WTP to Middle Engine Shaft is complete.\n \n · All key equipment suppliers have been engaged, contracts awarded and delivery dates assigned.\n \n · Six large steel clarifier tanks are being fabricated locally with delivery and installation expected to commence in December 2022.\n \n · Ongoing water treatment studies have further optimised the treatment process, resulting in a reduction in reagent consumption, an improvement to metal and suspended solids recovery, and an expected reduction in operating costs.\n \n \n Mine Dewatering\n \n \n \n · The two submersi...