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REG - Strategic Minerals - Redmoor - Update to Historical Tin Results

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RNS Number : 3063D  Strategic Minerals PLC  07 May 2026

 

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.

 

 

7 May 2026

 

Strategic Minerals plc

("Strategic Minerals" or the "Company")

Redmoor - Update to Historical Tin Results

Update to Previously Underreported Tin Assay Results Following Reanalysis; and
Results from Additional Sampling of CRD040

 

Strategic Minerals (AIM: SML; USOTC: SMCDF), an international mineral
exploration and production company, is pleased to provide an update on:
analytical testworks focused on tin mineralisation following the completion of
reanalysis of historical drill core pulp samples; and analysis from new drill
core samples of historical and recent drill core from its Redmoor
Tungsten-Tin-Copper Project ("Redmoor"), located in Cornwall, UK. Redmoor is
being developed by the Company's wholly owned subsidiary, Cornwall Resources
Limited ("CRL").

 

Highlights - Historical Sample Pulp Reanalysis

 

·      428 samples collected as part of the relogging and sampling
programme of historical CRL drillholes (2017-2018) and previously analysed
using the analytical method ME-MS61 were reanalysed for tin ("Sn") using
method ME-MS85h, following the change in analysis methodology for tin in
cassiterite form reported during the 2025 drilling programme (see RNS 10
November 2025), which showed method ME-MS85h was more appropriate for accurate
reporting results for tin in cassiterite form.

·      These samples represent previously unrecognised mineralised zones
identified through relogging and reanalysis, but primarily unmineralised and
minor mineralised infill sections between historic sample intersections, and
samples from more tungsten-dominant mineralised zones.

·      Re-analysis shows that 78% of the ME-MS85h results reported an
increase in previously reported tin grades, including:

o  An average increase of 280 parts per million ("ppm") in tin grade,
representing moderate increases in most cases.

o  Samples that originally assayed >500ppm report an average increase in
tin grade of 15%.

o  The 27 highest grading samples, which originally reported tin grades
>0.14% Sn, report an average increase of 0.32% Sn, highlighting increases
due to the improved digestion of cassiterite within more mineralised samples.

·      A smaller number of results highlighted new high grade tin
intersections within and outside of the Redmoor Sheeted Vein System ("SVS"),
including: 1.65 m @ 1.52% Sn from 273.1 m in CRD027 and;

o  1.06 m @ 1.00% Sn from 235.00 m in CRD027 (previously reported as 0.01%
Sn)

o  1.75 m @ 0.49% Sn from 352.35 m in CRD027 (previously reported as 0.01%
Sn)

o  1.80 m @ 0.78% Sn from 163.10 m in CRD024 (previously reported as 0.02%
Sn)

o  1.10 m @ 0.78% Sn from 244.75 m in CRD029 (previously reported as 0.01%
Sn)

·      Results include two wide and continuous intervals of tin
mineralisation intercepted in 2018 drillholes, representing previously
unrecognised intersections based on updated analytical methods:

o  8.10 m @ 0.49% Sn from 269.45 m in CRD027 (not previously reported)

o  10.85 m @ 0.33% Sn from 235.00 m in CRD029 (not previously reported)

These results are not considered material to the recently published Mineral
Resource Estimate ("MRE").

Highlights - Additional Sampling of CRD040

·      Additional samples from CRD040 were selected, uphole of the SVS,
for analysis following the previous identification of non-SVS mineralisation.
Results indicate the potential extension of mineralisation associated with the
intersection of the North Tin Zone and highlighting the presence of additional
tin mineralisation between the SVS and North Tin Zone in CRD040, including:

o  1.51 m @ 0.51% Sn from 286.49 m in sample CRL007079

o  1.00 m @ 0.33% Sn from 311.00 m in sample CRL007097

o  0.96 m @ 0.11% Sn and 0.16% WO3 from 252.00 m in CRL007054

Dennis Rowland, CRL Managing Director, said:

"It is encouraging to see that the results from the reanalysis using the
ME-MS85h method have confirmed the previous underreporting of tin values from
historical drill core analysis through the use of a different analytical
method. These new tin values do not materially affect the new Redmoor deposit
model or 2026 MRE but will contribute towards the next model update. Results
will primarily aid in the identification of narrow cassiterite-only tin veins
outside of the currently defined SVS and MRE.

"Reanalysis results continue to highlight the value add from our relogging and
sampling programme. The programme continues with several aims, including a
review of drillhole datasets, relogging and resampling remaining holes from
CRL's 2017 programme, and infill sampling of highlighted sections of all CRL
drillholes following the development of the new Redmoor deposit model.
Additional samples from CRD040 highlight the potential for new mineralised
zones to be generated or the potential for expansion of previously identified
mineralised intersections.

"While Redmoor is predominantly a tungsten project, tin is a valuable
co-product and a vital mineral that underpins modern industry.

"Further new samples and reanalysis samples from CRL's drill core have been
shipped to ALS laboratories, Loughrea, Ireland, with the programme expected to
continue alongside the ongoing drilling programme."

Mark Burnett, Strategic Minerals' Executive Director, said:

"The Redmoor team continue to add value to the project across multiple
workstreams. The historical relogging and sampling programme together with the
additional follow-up sampling of 2025 drill core is expected to continue to
provide positive outputs alongside the new drilling programme.

"We will see a significant increase in activity at Redmoor in the near term,
with a scheduled ramp-up of the ongoing resource infill drilling programme,
and initiation of further pre-feasibility study programme activities. Further
information on the programmes will be delivered in due course."

 

Overview of additional analytical results for tin from historical drill core
samples

 

As reported on 10 November 2025, an improvement in analytical methodology was
implemented for analysis undertaken by ALS laboratories, Loughrea, Ireland,
for CRL's samples specifically to capture tin grades with dominant cassiterite
mineralisation. For drillhole CRD033, this modification proved its
effectiveness, and therefore the use of method ME-MS85h for tin was
implemented for all subsequent drillholes and samples from the 2025 programme.

In addition, 428 samples that had originally been collected as part of the
relogging and sampling programme of historical CRL drillholes (2017-2018) and
analysed using the previous method (ME-MS61) were then reselected for analysis
using ME-MS85h. Results show that 78% of the ME-MS85h results reported an
increase in previously reported tin grades, and in a small number of cases
significant increases in tin grades representing improved cassiterite
digestion.

The new tin assay results from these historical samples more clearly reflect
the known polymetallic style of mineralisation within the 90 m thick SVS, and
its constituent high-grade zones, which contributed to the 2026 MRE (See RNS
26 March 2026), and also improve tin grades, and potential extensions of the
new North Tin Zone discovered during the 2025 drilling programme (see RNS 26
February 2026).

These updated tin results do not materially affect the tonnage, grade or
classification of the 2026 MRE for Redmoor, but will be incorporated into the
next planned modelling update and MRE as part of the Company's PFS plan. The
results do provide more definition of newly identified zones of
mineralisation, and further metal content within the SVS high grade zones.

See Table 1 for highlights of the downhole composites and Appendix 1 for a
full breakdown of individual sample results that contribute to the highlighted
intersections. Reported widths are downhole and true widths are not yet known.

 (a) Redmoor SVS Mineralised Intercepts
 DH I.D  Sample Start             From (m)  To (m)  Interval (m)  WO3 %  Cu %  Sn %  WO3 eq. %
 CRD021  CRL004624-26             460.11    464.25  4.14          0.01   0.17  0.03  0.06
         CRL004656-57             594.00    596.75  2.75          0.02   0.07  0.02  0.23
         CRL004677                632.70    633.70  1.00          0.19   0.19  0.05  0.25
 CRD022  CRL004604-06             384.00    388.00  6.00          0.03   0.24  0.26  0.18
            incl. CRL004604       382.00    384.00  2.00          0.02   0.04  0.34  0.16
            and CRL004606         386.00    388.00  2.00          0.01   0.42  0.38  0.24
 CRD023  CRL004579-81             569.00    571.70  2.70          0.05   0.21  0.10  0.15
 CRD024  CRL004536                326.90    328.15  1.25          0.00   0.42  0.00  0.22
         CRL004548                429.44    430.62  1.18          0.19   0.33  0.08  0.28
         CRL004559                619.20    620.30  1.10          0.19   0.02  0.00  0.20
         CRL004570-73             639.25    645.00  5.75          0.18   0.13  0.04  0.22
            incl. CRL004570       639.25    640.50  1.25          0.43   0.18  0.02  0.46
            and CRL003193*        642.03    643.03  1.00          0.39   0.33  0.00  0.44
 CRD025  CRL004517-19             391.50    394.50  3.00          0.13   0.20  0.02  0.17
         CRL004523                440.95    441.95  1.00          0.30   0.05  0.00  0.31
 (b) Non-SVS Mineralised Intercepts
 CRD024  CRL004531                163.10    164.90  1.80          0.07   0.06  0.78  0.39
 CRD027  CRL004388-94             269.45    277.55  8.10          0.03   0.04  0.49  0.24
            incl. CRL004392-93    273.10    276.27  3.17          0.05   0.05  0.94  0.43
         CRL004395-97             297.00    300.50  3.50          0.00   0.07  0.15  0.08
         CRL004512                352.35    354.10  1.75          0.00   0.01  0.49  0.20
 CRD028  CRL004378-79             241.50    245.00  3.50          0.04   0.05  0.28  0.16
 CRD029  CRL004302-11             235.00    245.85  10.85         0.00   0.14  0.33  0.16
            incl. CRL004305-06    238.00    241.10  3.10          0.00   0.33  0.32  0.19

Table 1: Highlights of downhole composite sample intervals returned from
recently received results from historical drill core samples, now including
updated Sn results, and calculated WO(3)% Eq. Composited values use a downhole
length weighted average of grades.

The above intersections update those previously reported for tungsten (WO(3))
and copper (Cu) (see RNS 7 May 2025) from historical drillholes with the
addition of tin (Sn) values, coupled with the identification of new tin
mineralised zones based on standout tin assays. The tin grades within the SVS
intersections are consistent with those previously reported at Redmoor from
the tungsten-dominant zones of the deposit.

Sampling followed CRL's standard protocols, implementing the addition of
analytical method ME-MS85h for Sn with XRF verification for samples reporting
≥0.14% on all previously analysed historical samples. All assays were
performed by ALS Loughrea (ISO 17025). Snowden Optiro reviewed QA/QC; tin (Sn)
results have passed QA/QC checks with no material issues identified and are
reported following verification. The selected samples are considered
representative of the mineralisation styles present and do not introduce
material sampling bias.

Overview of additional analytical results from drillhole CRD040

 

Following the publication of the Redmoor 2026 MRE, CRL has completed a review
of the resource and new geological model to identify and select priority zones
within existing CRL drill core with the potential to contain mineralisation.
These zones will be logged and, where appropriate, sampled for analysis.
Results are aimed at confirming extensions of mineralisation, such as the
North Tin Zone, identifying further mineralisation, and further improving
geological certainty.

Through this process, 46 new samples from CRD040 were selected for analysis,
with results highlighting additional tin-rich structures identified up-hole
from the Redmoor SVS and downhole of the North Tin Zone in CRD040, coupled
with extending the previously reported North Tin Zone intersection. Highlights
from these results include:

o  1.51 m @ 0.51% Sn from 286.49 m in sample CRL007079

o  1.00 m @ 0.33% Sn from 311.00 m in sample CRL007097

o  0.96 m @ 0.11% Sn and 0.16% WO3 from 252.00 m in CRL007054

See Table 2 for highlights of the downhole composites and Appendix 2 for a
full breakdown of individual sample results that contribute to the highlighted
intersections. Reported widths are downhole.

 Sample Start               From    To      Interval  WO3   Cu    Sn    Ag    WO3 eq. %

                            (m)     (m)     (m)       %     %     %     g/t
 CRL007054                  252.00  252.96  0.96      0.16  0.11  0.11  1.62  0.23
 CRL007079-81               286.49  289.00  2.51      0.02  0.09  0.34  1.59  0.18
    incl. CRL007079         286.49  288.00  1.51      0.01  0.07  0.51  1.60  0.23
 CRL007096-6668*            309.00  326.11  17.11     0.02  0.04  0.33  0.34  0.16
    incl. CRL007097         311.00  312.00  1.00      0.01  0.05  0.33  0.53  0.15
    incl. CRL006663-6665    317.23  322.00  4.77      0.06  0.06  0.74  0.47  0.37
      cont. CRL006664       318.28  320.00  1.72      0.13  0.09  1.15  0.70  0.61
    and CRL006668           325.30  326.11  0.81      0.04  0.04  0.26  0.36  0.16

Table 2: Highlights of downhole composite sample intervals returned from
recently received results from CRD040, updated composites and calculated WO3%
Eq. Composited values use a downhole length weighted average of grades. *
Contains results previously reported in RNS dated 5 February 2026.

These additional samples have also extended a previously reported North Tin
Zone mineralised interval in CRD040 (see RNS 5 February 2026), with an
originally reported interval showing 14.11 m @ 0.35% Sn, 0.03% WO3 and 0.03%
Cu from 312.00 m, now returning 17.11 m @ 0.33% Sn, 0.02% WO3 and 0.04% Cu
from 309.00 m. Additional tin-bearing structures were identified within the
North Tin Zone, with a newly identified interval producing 2.51 m @ 0.34% Sn,
0.02% WO3 and 0.09% Cu from 286.49 m. These results will be incorporated into
any new Mineral Resource in the future and will instruct further sampling on
historical drillcore and other recently drilled drillholes.

Additional sampling of historical drillcore and programme updates

 

Through the purchase of a new CoreWise rotary diamond blade core saw, CRL has
been able to accelerate its sampling of historical drillcore following the
relogging process, with geological structures containing visible
mineralisation sent to ALS Laboratories, Loughrea for analysis.

Currently, CRL has 119 samples from historical drillcore awaiting analysis at
ALS Loughrea, along with an additional 201 samples from CRD041, drilled during
the 2025 drilling campaign, awaiting analysis. Additional samples from
historical drillcore (CRD013 and CRD002) are currently being prepared for
shipment to ALS for analysis.

CRL has also sent samples to ALS Loughrea for analysis which were used in the
recent ore sorting amenability study undertaken by TOMRA in Germany. The
results from this analysis will inform CRL as to the effectiveness of ore
sorting technology on any future potential ore from Redmoor and will form the
basis for more comprehensive studies as part of the prefeasibility study
programme.

 

Competent Person Statement:

The information in this announcement that relates to Sampling Techniques and
Data and Exploration Results has been reviewed and approved by Mr Laurie
Hassall, MSci (Geology), FIMMM, QMR, FGS, who is a full-time employee of
Snowden Optiro. Mr Hassall holds a Master of Science degree in Geology from
the University of Southampton and is a Fellow of the Institute of Materials,
Minerals and Mining (FIMMM), through which he is also accredited as Qualified
for Minerals Reporting (QMR). He is also a Fellow of the Geological Society of
London (FGS).

Snowden Optiro has been engaged by Cornwall Resources Limited to provide
independent technical advice. Mr Hassall, a full-time employee of Snowden
Optiro, is acting as the Competent Person and is independent of Cornwall
Resources Limited. He has sufficient experience that is relevant to the style
of mineralisation and type of deposit under consideration, and to the activity
being undertaken, to qualify as a Competent Person as defined in the 2012
Edition of the Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves (JORC Code), and under the AIM Rules.

Mr Hassall consents to the inclusion in this announcement of the matters based
on his information, in the form and context in which it appears. He confirms
that, to the best of his knowledge, there is no new information or data that
materially affects the information contained in previous market announcements,
and that the form and context in which the information is presented has not
been materially modified.

 For further information, please contact:

 Strategic Minerals plc                                                   +44 (0) 207 389 7067
 Mark Burnett
 Executive Director
 Website:                 www.strategicminerals.net (http://www.strategicminerals.net)
 Email:                   info@strategicminerals.net (mailto:info@strategicminerals.net)

 Follow Strategic Minerals on:
 X:                       @StrategicMnrls (https://x.com/StrategicMnrls)
 LinkedIn:                https://www.linkedin.com/company/strategic-minerals-plc
                          (https://www.linkedin.com/company/strategic-minerals-plc)

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 Matthew Johnson/Charlie Bouverat/Grant Barker                            +44 (0) 203 829 5000

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 Joint Broker

 Harry Ansell/Katy Mitchell

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 Investor Relations
 Ben Simons/Seb Weller/Anna Sutton
 Email:                   strategicminerals@vigoconsulting.com
                          (mailto:strategicminerals@vigoconsulting.com)

 

 

Notes to Editors

About Strategic Minerals plc and Cornwall Resources Limited

Strategic Minerals plc (AIM: SML; USOTC: SMCDY) is an AIM-quoted, producing
minerals company, actively developing strategic projects in the UK, United
States and Australia.

In 2019, the Company completed the 100% acquisition of Cornwall Resources
Limited and the Redmoor Tungsten-Tin-Copper Project.

The Redmoor Project is situated within the historically significant Tamar
Valley Mining District in Cornwall, United Kingdom, with a JORC (2012)
Compliant Inferred Mineral Resource Estimate published 26 March 2026:

 Resource category  Domain         Tonnage  NSR       WO(3) Eq grade  WO(3) grade  Sn grade  Cu grade  Ag grade

(Mt)
(US$/t)
(%)
(%)
(%)
(%)
(g/t)
 Inferred           Tungsten HGDs  7.30     499       0.98            0.83         0.12      0.53      7.0
                    Tin HGDs       1.95     208       0.44            0.14         0.50      0.50      7.6
                    Cu Domain SVS  8.02     196       0.40            0.28         0.13      0.34      4.3
                    Low Grade SVS  0.12     125       0.25            0.17         0.10      0.16      2.7
 Total Inferred                    17.40    324       0.65            0.49         0.17      0.44      5.8
 Total Mineral Resources           17.40    324       0.65            0.49         0.17      0.44      5.8
 The preceding statement of Mineral Resources conforms to the Australasian Code
 for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC
 Code) 2012 Edition. All tonnages reported are dry metric tonnes. Minor
 discrepancies may occur due to rounding to appropriate significant figures.

 

More information on Cornwall Resources can be found at:
https://www.cornwallresources.com (https://www.cornwallresources.com)

In September 2011, Strategic Minerals acquired the distribution rights to the
Cobre magnetite project in New Mexico, USA, through its wholly owned
subsidiary Southern Minerals Group.  Cobre has been in production since 2012
and continues to provide a sustainable revenue stream for the Company.

In March 2018, the Company completed the acquisition of the Leigh Creek Copper
Mine situated in the copper rich belt of South Australia.  The Company has
entered into an exclusive Call Option with South Pacific Mineral Investments
Pty Ltd trading as Cuprum Metals to acquire 100% of the project.

Appendix 1: Individual Sample Results Table for Composites

Individual Laboratory Results Per Sample used to form highlighted composite intervals from tin pulp re-analyses

Sample ranges and numbers in bold represent those listed in Table 1, above.
Sample details include sample number, intersected depths and interval length.
Results are reported for WO₃, Cu, Sn and Ag values, with a calculation to
represent total metal on a WO₃ Equivalent (WO₃.Eq) basis.

 Sample Start        From (m)  To (m)  Interval (m)  WO3 %  Cu %  Sn % Original  Sn % New  Ag g/t  WO3 eq. %
 CRL004302-11
      CRL004302      235.00    236.06  1.06          0.00   0.02  0.01           1.00      0.40    0.41
      CRL004303      236.06    237.16  1.10          0.00   0.00  0.00           0.01      0.26    0.01
      CRL004304      237.16    238.00  0.84          0.00   0.41  0.01           0.11      3.43    0.12
      CRL004305      238.00    239.70  1.70          0.00   0.59  0.03           0.36      5.37    0.25
      CRL004306      239.70    241.10  1.40          0.00   0.02  0.01           0.29      0.37    0.12
      CRL004307      241.10    242.10  1.00          0.00   0.01  0.01           0.14      0.18    0.06
      CRL004308      242.10    243.85  1.75          0.00   0.01  0.00           0.03      0.09    0.02
      CRL004309      243.85    244.75  0.90          0.00   0.03  0.02           0.42      0.54    0.18
      CRL004311      244.75    245.85  1.10          0.01   0.03  0.01           0.78      0.44    0.32
 CRL004375           237.50    239.00  1.50          0.03   0.03  0.03           0.35      0.31    0.18
 CRL004378-79
      CRL004378      241.50    243.00  1.50          0.02   0.04  0.03           0.21      0.24    0.11
      CRL003293      243.00    243.98  0.98          0.09   0.05  0.18           0.49      0.00    0.29
      CRL004379      243.98    245.00  1.02          0.02   0.06  0.02           0.19      0.71    0.11
 CRL004388-94
      CRL004388      269.45    270.70  1.25          0.02   0.07  0.04           0.19      0.34    0.11
      CRL004389      270.70    272.00  1.30          0.05   0.05  0.36           0.37      0.30    0.21
      CRL004391      272.00    273.10  1.10          0.02   0.02  0.02           0.22      0.09    0.11
      CRL004392      273.10    274.75  1.65          0.06   0.06  0.03           1.52      0.36    0.68
      CRL004393      274.75    276.27  1.52          0.04   0.05  0.02           0.30      0.30    0.17
      CRL004394      276.27    277.55  1.28          0.00   0.00  0.01           0.03      0.03    0.01
 CRL004395-97
      CRL004395      297.00    298.00  1.00          0.00   0.13  0.01           0.15      1.70    0.09
      CRL004396      298.00    299.00  1.00          0.00   0.00  0.01           0.01      0.19    0.01
      CRL004397      299.00    300.50  1.50          0.00   0.07  0.01           0.24      1.43    0.11
 CRL004512           352.35    354.10  1.75          0.00   0.01  0.01           0.49      0.39    0.20
 CRL004517-19
      CRL004517      391.50    392.50  1.00          0.02   0.16  0.00           0.02      1.81    0.05
      CRL004518      392.50    393.50  1.00          0.03   0.42  0.01           0.03      3.57    0.12
      CRL004519      393.50    394.50  1.00          0.33   0.03  0.01           0.01      0.53    0.34
 CRL004523           440.95    441.95  1.00          0.30   0.05  0.00           0.00      0.23    0.31
 CRL004531           163.10    164.90  1.80          0.07   0.06  0.02           0.78      0.52    0.39
 CRL004536           326.90    328.15  1.25          0.00   0.42  0.00           0.00      36.40   0.22
 CRL004548           429.44    430.62  1.18          0.19   0.33  0.02           0.08      2.90    0.28
 CRL004559           619.20    620.30  1.10          0.19   0.02  0.00           0.00      0.13    0.20
 CRL004570-73
      CRL004570      639.25    640.50  1.25          0.43   0.18  0.02           0.02      0.99    0.46
      CRL004571      640.50    642.03  1.53          0.02   0.03  0.11           0.11      0.11    0.07
      CRL003193      642.03    643.03  1.00          0.39   0.33  0.00           0.00      0.00    0.44
      CRL004572      643.03    644.00  0.97          0.09   0.11  0.01           0.00      1.38    0.12
      CRL004573      644.00    645.00  1.00          0.02   0.06  0.00           0.00      1.23    0.03
 CRL004579-81
      CRL004579      569.00    570.50  1.50          0.06   0.16  0.11           0.10      6.20    0.15
      CRL004581      570.50    571.70  1.20          0.04   0.28  0.13           0.11      5.22    0.15
 CRL004604-06
      CRL004604      382.00    384.00  2.00          0.02   0.04  0.03           0.34      0.53    0.16
      CRL004605      384.00    386.00  2.00          0.06   0.27  0.02           0.07      3.46    0.14
      CRL004606      386.00    388.00  2.00          0.01   0.42  0.02           0.38      4.60    0.24
 CRL004624-26
      CRL004624      460.11    461.45  1.34          0.01   0.14  0.01           0.02      2.44    0.05
      CRL004625      461.45    463     1.55          0.01   0.10  0.01           0.02      1.78    0.04
      CRL004626      463.00    464.25  1.25          0.00   0.30  0.01           0.04      4.40    0.08
 CRL004656-57
      CRL004656      594.00    595.75  1.75          0.23   0.08  0.02           0.02      2.47    0.26
      CRL004657      595.75    596.75  1.00          0.14   0.06  0.00           0.00      9.27    0.19
 CRL004677           632.70    633.70  1.00          0.19   0.19  0.06           0.05      2.89    0.25

Note: WO₃ is calculated from W results by applying a factor of 1.26 to the
result)

Note: WO(3) Eq has been calculated using the following formula:
WO(3)_%+(Sn_%*0.403)+(Cu_%*0.133)+(Ag_ppm*0.0046))

Metal equivalence assumptions are consistent with those used in the 2026 MRE

 

Appendix 2: Individual Sample Results Table for Composites

Individual Laboratory Results Per Sample used to form highlighted composite intervals in results from CRD040.

Sample ranges and numbers in bold represent those listed in Table 1, above.
Sample details include sample number, intersected depths and interval length.
Results are reported for WO₃, Cu, Sn and Ag values, with a calculation to
represent total metal on a WO₃ Equivalent (WO₃.Eq) basis.

 Sample Start        From (m)  To (m)  Interval (m)  WO3 %  Cu %  Sn %  Ag (g/t)  WO3 eq. %
 CRL007054           252.00    252.96  0.96          0.16   0.11  0.11  1.62      0.23
 CRL007079-81
      CRL007079      286.49    288.00  1.51          0.01   0.07  0.51  1.60      0.23
      CRL007081      288.00    289.00  1.00          0.03   0.12  0.09  1.58      0.09
 CRL007096-6668*
      CRL007096      309.00    311.00  2.00          0.01   0.04  0.19  0.45      0.09
      CRL007097      311.00    312.00  1.00          0.01   0.05  0.33  0.53      0.15
      CRL006659      312.00    313.40  1.40          0.01   0.02  0.27  0.27      0.12
      CRL006661      313.40    315.40  2.00          0.00   0.02  0.36  0.21      0.15
      CRL006662      315.40    317.23  1.83          0.01   0.01  0.02  0.25      0.02
      CRL006663      317.23    318.28  1.05          0.02   0.10  0.36  0.75      0.18
      CRL006664      318.28    320.00  1.72          0.13   0.09  1.15  0.70      0.61
      CRL006665      320.00    322.00  2.00          0.01   0.02  0.60  0.12      0.25
      CRL006666      322.00    324.00  2.00          0.01   0.01  0.00  0.11      0.01
      CRL006667      324.00    325.30  1.30          0.01   0.03  0.09  0.29      0.06
      CRL006668      325.30    326.11  0.81          0.04   0.04  0.26  0.36      0.16

 

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