Business
Redmoor-Results Expand Modelled Orebody
Strategic Minerals PLC has announced positive drill results from its Redmoor Tungsten-Tin-Copper Project, with drillholes CRD038 and CRD040 confirming the presence of Sheeted Vein System (SVS) mineralisation within the previously untested Redmoor Exploration Target, expanding the modelled orebody. Notably, CRD038 intersected 18.80m at 0.38% WO3, 0.15% Sn, and 0.32% Cu, with high-grade intervals including 0.70m at 5.49% WO3. CRD040 provided positive twinning results, reinforcing historical data and potentially reducing future drilling requirements. These findings are expected to positively impact the forthcoming Mineral Resource Estimate update and support the company's view of Redmoor as a high-grade undeveloped tungsten resource. 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 \n05 February 2026\n \nStrategic Minerals plc\n(\"Strategic Minerals\" or the \"Company\")\nRedmoor - Pad 2 Results Expand Previously Modelled Orebody\n \nLatest drill results confirm presence of SVS mineralisation in the previously untested Redmoor Exploration Target - expanding the previously modelled orebody, including further high-grade tungsten and high-grade tin results\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 drillholes CRD038 and CRD040 - the remaining holes from Pad 2 (of 3) within the Redmoor Tungsten-Tin-Copper Project (\"Redmoor\") in southeast Cornwall. The results include further confirmation of high grades of tungsten and tin within the Sheeted Vein System (\"SVS\"). Final drillhole results from Pad 3 are expected to be delivered in the near term, ahead of the forthcoming MRE update.\nCRD038 was aimed at testing the uppermost extent of the Redmoor JORC (2012) Exploration Target (the \"Exploration Target\") to identify the presence of SVS mineralisation, and CRD040 was aimed at twinning*1 historical drillhole (RM80_16B). Both holes are located within the high-grade, tin-dominant portion of the Redmoor deposit. The results indicate that both objectives have been achieved.\nHIGHLIGHTS\n· Successful identification of SVS mineralisation within the margins of the Exploration Target, supports the potential for any future expansion drilling to test and potentially convert further portions of the 4-8 Mt Exploration Target from the 2019 MRE to Mineral Resources, subject to further drilling and estimation.\n· CRD038 intersected high-grade SVS mineralisation within the Exploration Target, with:\no The reported intersection being consistent with the recently updated deposit model, therefore confirming the Company's confidence in the model; and\no Providing additional geological support for the new dep...