Business
Upgrade of Historical Tungsten Results at Redmoor
Upgrade of Historical Tungsten Results at Redmoor.

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 \n \n07 May 2025\n \nStrategic Minerals plc\n(\"Strategic Minerals\" or the \"Company\")\nUpgrade of Historical Tungsten Results Through Re-analysis of Samples from Prior Drilling at Redmoor\n\nStrategic Minerals plc (AIM: SML; USOTC: SMCDF), an international mineral exploration and production company, is pleased to announce that its wholly owned subsidiary, Cornwall Resources Limited (\"CRL\"), has received positive results from the re-analysis of 73 pulp samples from previous CRL exploration drilling programmes, following a review of prior analytical techniques and cutoff grades used to select tungsten samples for analysis using a higher detection limit method. The results identify an overall increase in grades which may have a positive impact on the future planned remodelling and resource estimation process.\nHighlights:\n· As part of the ongoing re-logging campaign at Redmoor, a review process was undertaken on recent assay results. As a result, it was identified as prudent to reduce the analytical cutoff grade utilised to select samples for x-ray fluorescence (\"XRF\"), rather than Inductively Coupled Plasma (\"ICP\"), analysis down from 0.5% tungsten trioxide (\"WO₃\") to 0.3% WO₃ for higher levels of analytical accuracy.\n· A review of tungsten-bearing samples from CRL's 2017-2018 exploration drilling campaigns identified 73 samples which reported WO₃ grades by ICP analyses between 0.3 - 0.5% along with several samples which reported >0.5%, which had not been submitted for the more appropriate XRF analysis. These samples were subsequently re-analysed using XRF analysis at ALS Laboratories, Loughrea.\n· Results identified an overall increase in WO₃ grades in most of the analysed samples, with 36 samples returning a greater than 5% increase in WO₃ grade, including 20 samples returning a greater than 10% increase in WO₃ grade.\n· The average increase in grade from the 73 analysed samples is 9.2%. Alongside results from the ongoing relogging ...