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Redmoor - Planning and Drilling Update
Strategic Minerals PLC has received planning permission from Cornwall Council for an expanded diamond drilling programme at its Redmoor Tungsten-Tin-Copper Project, which is expected to be the largest continuous drilling programme in Cornwall and Great Britain this century. This approval allows for the mobilisation of two additional drill rigs, with potential for a third, enabling up to three years of continuous operations, though the programme is planned for completion by Q2 2027. The expanded programme covers 22,500 metres across at least 44 drillholes, aiming to advance the project to an Indicated resource and through pre-feasibility studies, integrating data collection for geotechnical, metallurgical, and hydrogeological assessments. Drillhole CRD044 has been completed at 526.10 metres, intersecting the Redmoor Sheeted Vein System and the Kit Hill granite, with a daughter hole, CRD044_D1, now underway to collect metallurgical samples. Disclaimer*
About this update from Strategic Minerals Plc
The 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. 3 July 2026 Strategic Minerals plc ("Strategic Minerals" or the "Company") Redmoor - Planning and Drilling Update Permission granted for the largest, continuous, diamond drilling programme undertaken from surface in Cornwall, and Great Britain this century*1 Strategic Minerals (AIM: SML; USOTC: SMCDF), an international mineral exploration and production company, is pleased to provide an update on the ongoing infill drilling programme at its Redmoor Tungsten-Tin-Copper Project ("Redmoor"), located in Cornwall, UK, following the receipt of planning permission to expand the programme. Redmoor is being developed by the Company's wholly owned subsidiary, Cornwall Resources Limited ("CRL"). Highlights - Planning Permission · Cornwall Council's Mineral Planning Officer, via delegated authority, has approved the planning permission for CRL's proposed expanded drilling programme. This allows: o The mobilisation of a further two drill rigs to Redmoor, with site setup expected to commence following the submission and approval of certain pre-commencement documentation by the Local Planning Authority. o Up to three years of continuous operations, although the expanded drilling programme is currently planned to be completed in Q2 2027. o The option to add a further drill rig to the programme later in the year, to further accelerate the programme. · This programme is believed by the company to be the largest, continuous, diamond drilling programme to be undertaken in Cornwall. It reflects the scale and ambition of the Company's commitment to advance Redmoor to an Indicated resource and through pre-feasibility/feasibility as effectively and quickly as possible. · The Company believes the expanded drilling programme will represent the largest, single, drilling programme undertaken in Great Britain this century. · The Company continues to add additional team members to enable effective programme delivery and to ensure that the high-quality...
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