REG - Cornish Metals Inc. - INAUGURAL DIGBEE ESG RATING OF A

Cornish MetalsAnnouncement

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RNS Number : 8652U  Cornish Metals Inc.  12 August 2025

 

CORNISH METALS ANNOUNCES INAUGURAL DIGBEE ESG RATING OF A

 

Vancouver, August 11, 2025

Cornish Metals Inc. (AIM/TSX-V: CUSN) ("Cornish Metals" or the "Company"), a
mineral exploration and development company focused on advancing its wholly
owned and permitted South Crofty tin project ("South Crofty") in Cornwall,
United Kingdom, is pleased to announce that an independent panel of globally
recognised sustainability experts from Digbee has awarded Cornish Metals an
inaugural overall rating of A for both its corporate and project performance.

The Digbee platform offers companies a right-sized, future-looking set of
globally-aligned sustainability frameworks. Digbee evaluates a comprehensive
range of factors, considering both the asset's context and the effectiveness
of management actions, to assign a rating from AAA to D. The A score achieved
by Cornish Metals is an average of scores received between CCC to AAA.

To read the full report in full, please visit:
https://cornishmetals.com/sustainability/digbee/
(https://cornishmetals.com/sustainability/digbee/)

Extracts from the Report:

·    ESG priorities are embedded in the Company's strategic planning and
governance structures, as evidenced by an internal double materiality
assessment, development of a formal sustainability strategy, linkage of ESG
KPIs to executive remuneration, publication of the inaugural Sustainability
Report, commitments to preserving the mining cultural heritage and improving
biodiversity.

·    The Company has attracted significant investment from Vision Blue
Resources and the UK National Wealth Fund (together holding over 55%),
reflecting strong market and public-sector confidence in its responsible tin
production model and long-term alignment with the UK Critical Minerals
Strategy.

·    The South Crofty Project incorporates underground mining, reuse of
existing infrastructure, backfilling of tailings, use of renewable
electricity, and commissioning of a high-efficiency Water Treatment Plant,
demonstrating active efforts to reduce greenhouse gas emissions, surface
disturbance and water pollution.

Don Turvey, CEO and Director of Cornish Metals, stated: "We are very pleased
to share our inaugural sustainability rating from Digbee, which demonstrates
the Company's commitment to operating to international best practices and
acting with transparency. We enjoyed working with Digbee on this and
appreciate the comprehensive overview that they have compiled. We understand
there is always room for improvement, and we will be taking Digbee's points of
feedback onboard as we continue to develop our environmental, social and
governance practices."

Jamie Strauss, founder and CEO of Digbee, commented: "The successful
completion of the Digbee sustainability assessment underscores Cornish Metals'
belief that responsible mining is not only the right approach, but a critical
differentiator. By embedding responsibility at the heart of its strategy, the
company strengthens its social licence to operate and builds trust among all
stakeholders - from communities, regulators and investors.

Earning an excellent 'A' rating through the Digbee assessment demonstrates
the company's significant achievements to date in transparency, environmental
stewardship, and community engagement. This independent verification not only
validates Cornish Metals' current performance but also reflects its clear
vision for continuous improvement - proving that mining can be both a driver
of economic opportunity and a trusted partner in protecting and enhancing the
communities and environments in which it operates."

Figure 1: Graphic representation of Cornish Metals' overall sustainability risks and opportunities assessed by Digbee.

ABOUT CORNISH METALS

Cornish Metals is a dual-listed mineral exploration and development company
(AIM and TSX-V: CUSN) that is advancing the South Crofty tin project towards
production. South Crofty:

·    is a historical, high-grade, underground tin mine located in
Cornwall, United Kingdom and benefits from existing mine infrastructure
including multiple shafts that can be used for future operations;

·    is permitted to commence underground mining (valid to 2071),
construct a new processing facility and for all necessary site infrastructure;

·    would be the only primary producer of tin in Europe or North America.
Tin is a Critical Mineral as defined by the UK, American, and Canadian
governments as it is used in almost all electronic devices and electrical
infrastructure. Approximately two-thirds of the tin mined today comes from
China, Myanmar and Indonesia;

·    benefits from strong local community, regional and national
government support with a growing team of skilled people, local to Cornwall,
and could generate over 300 direct jobs.

ON BEHALF OF THE BOARD OF DIRECTORS

 

"Don Turvey"

Don Turvey

CEO and Director

 

Engage with us directly at our investor hub. Sign up at:
https://investors.cornishmetals.com/link/PKav7e
(https://investors.cornishmetals.com/link/PKav7e)

 

For additional information please contact:

 

 Cornish Metals                                                         Fawzi Hanano       investors@cornishmetals.com (mailto:investors@cornishmetals.com)

                                                                        Irene Dorsman      info@cornishmetals.com (mailto:info@cornishmetals.com)
                                                                                           Tel: +1 (604) 200 6664

 SP Angel Corporate Finance LLP                                         Richard Morrison   Tel: +44 203 470 0470

 (Nominated Adviser & Joint Broker)                                     Charlie Bouverat

                                                                        Grant Barker

 Hannam & Partners                                                      Matthew Hasson     cornish@hannam.partners (mailto:cornish@hannam.partners)

 (Joint Broker)                                                         Andrew Chubb       Tel: +44 207 907 8500

                                                                        Jay Ashfield

 BlytheRay                                                              Tim Blythe         cornishmetals@blytheray.com (mailto:cornishmetals@blytheray.com)

 (Financial PR)                                                         Megan Ray          Tel: +44 207 138 3204

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.

Caution regarding forward looking statements

This news release may contain certain "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking statements").
Forward-looking statements include predictions, projections, outlook,
guidance, estimates and forecasts and other statements regarding future plans,
the realisation, cost, timing and extent of mineral resource or mineral
reserve estimates, estimation of commodity prices, currency exchange rate
fluctuations, estimated future exploration expenditures, costs and timing of
the development of new deposits, success of exploration activities, permitting
time lines, requirements for additional capital and the Company's ability to
obtain financing when required and on terms acceptable to the Company, future
or estimated mine life and other activities or achievements of Cornish Metals.
Forward-looking statements are often, but not always, identified by the use of
words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast",
"expect", "potential", "project", "target", "schedule", "budget" and "intend"
and statements that an event or result "may", "will", "should", "could",
"would" or "might" occur or be achieved and other similar expressions and
includes the negatives thereof. All statements other than statements of
historical fact included in this news release, are forward-looking statements
that involve various risks and uncertainties and there can be no assurance
that such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such statements.

Forward-looking statements are subject to risks and uncertainties that may
cause actual results to be materially different from those expressed or
implied by such forward-looking statements, including but not limited to:
risks related to receipt of regulatory approvals, risks related to general
economic and market conditions; risks related to the availability of
financing; the timing and content of upcoming work programmes; actual results
of proposed exploration activities; possible variations in Mineral Resources
or grade; projected dates to commence mining operations; failure of plant,
equipment or processes to operate as anticipated; accidents, labour disputes,
title disputes, claims and limitations on insurance coverage and other risks
of the mining industry; changes in national and local government regulation of
mining operations, tax rules and regulations. The list is not exhaustive of
the factors that may affect Cornish's forward-looking statements.

Cornish Metals' forward-looking statements are based on the opinions and
estimates of management and reflect their current expectations regarding
future events and operating performance and speak only as of the date such
statements are made. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to differ from
those described in forward- looking statements, there may be other factors
that cause such actions, events or results to differ materially from those
anticipated. There can be no assurance that forward-looking statements will
prove to be accurate and accordingly readers are cautioned not to place undue
reliance on forward-looking statements. Cornish Metals does not assume any
obligation to update forward-looking statements if circumstances or
management's beliefs, expectations or opinions should change other than as
required by applicable law.

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