Business
Redmoor: Further Positive Drill Results
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. Disclaimer*
About this update from Strategic Minerals Plc
[{"type":"text","content":"\n\n \nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018.\n \n25 February 2026\n \nStrategic Minerals plc\n(\"Strategic Minerals\" or the \"Company\")\nRedmoor - Positive Drill Results from Underexplored Western Portion of SVS\n \nStrategic Minerals plc (AIM: SML; USOTC: SMCDF), an international mineral exploration and production company, announces that its wholly owned subsidiary, Cornwall Resources Limited (\"CRL\"), has received assay results from drillhole CRD041 from the Redmoor Tungsten-Tin-Copper Project (\"Redmoor\") in southeast Cornwall.\nResults confirm the continuity of the Sheeted Vein System (\"SVS\") containing high-grade tungsten- and tin-dominant mineralisation, with copper and silver mineralisation also present, in the westward extent of the 2019 Redmoor JORC (2012) Redmoor Mineral Resource. Results also confirm the presence of additional non-SVS mineralised zones to the north of the SVS.\nThe western portion of the Redmoor deposit, more distal from the granite, forms a zone containing a higher proportion of tin-dominant, rather than tungsten-dominant, mineralisation with higher grades of tin. By comparison, the eastern and central portions of the deposit contain a higher proportion of tungsten-dominant mineralisation with higher tungsten grades. The polymetallic composition of the deposit adds value as shown by the WO3.eq*1 calculations.\nSVS Downhole Composite Intersections Highlights\nMultiple higher-grade intervals within high-grade tungsten- or high-grade tin-dominant structures including copper were identified with results, including:\no 0.94% WO3 and 0.46% Cu over 0.95m from 507.00 m*2\no 1.57% Sn and 1.55% Cu over 2.18m from 575.95 m\no 2.54% Sn and 3.38% Cu over 0.88m from 580.62 m\nHigh-grade tungsten equivalent (\"WO3.eq\") intersections from SVS-style and lode-style structures containing tungsten, tin and copper mineralisation within the SVS in the western portion of the resource (see Figure 1 & 2), which is tin-dominant:\n· 9.18m @ 0.52% Sn, 0.17% Cu & 0.06% WO3 (0.53% WO3.Eq) from 528.92 m, with\no 3.40m @ 1.00% Sn...