Company buys land next to Cornish tin mine

A company looking to reopen a Cornish tin mine has bought a parcel of land next to the site.

Cornish Metals has announced that it has purchased approximately 7.7 acres of land located immediately next to important surface infrastructure at its 100% owned and permitted South Crofty tin project in Cornwall.

Ken Armstrong, interim chief executive and director of Cornish Metals, said: “The acquisition of this land parcel is of strategic importance to Cornish Metals, increasing the total land area owned by the Company to 28.5 acres.

“The purchased land includes the location of the North Winder for New Cook’s Kitchen shaft, South Crofty’s main production shaft, as well as a large area adjacent to the proposed site of the project’s permitted processing plant.

“The land will provide additional space for future site works as well as opportunities for potential operating cost savings, renewable energy initiatives and improved overall property security. Importantly, the enlarged surface footprint for South Crofty now removes reliance on existing right-of-passage agreements and allows the Company complete control over the timing for refurbishment of the North Winder.”

Cornish Metals is a dual-listed mineral exploration and development company focused on advancing the South Crofty high-grade, underground tin project through to a construction decision, as well as exploring its additional mineral rights, located in Cornwall, United Kingdom.

South Crofty is a historical, high-grade, underground tin mine that started production in 1592 and continued operating until 1998 following over 400 years of continuous production.

The Project possesses Planning Permission for underground mining to construct new processing facilities and all necessary site infrastructure.

Cornish Metals has a growing team of skilled people, local to Cornwall, and the Project could generate up to 320 jobs.