Strategic Minerals PLC Presentation by Cornwall Resources Limited
November 30 2016 - 1:01AM
RNS Non-Regulatory
TIDMSML
Strategic Minerals PLC
30 November 2016
30 November 2016
Strategic Minerals plc
("Strategic Minerals" or the "Company")
Presentation by Cornwall Resources Limited
Strategic Minerals Plc (AIM: SML; USOTC: SMCDY), the minerals
production and development company, announces that its Director
Peter Wale, who is also a Director of Cornwall Resources Limited
("CRL"), on Monday evening, on behalf of CRL, made a presentation
at the House of Commons to members of parliament and a select group
of invited guests. This presentation outlined CRL's Redmoor project
and plans in relation to its development. The function, organised
by The Geological Society, featured brief presentations on both UK
mining projects being developed by CRL, Sirius Minerals and Wolf
Minerals and selected projects around the world being developed by
UK companies.
A copy of the presentation can be found at
http://www.strategicminerals.net/investors/presentations.html.
Commenting, Strategic Minerals' Director, Peter Wale, said:
"The opportunity to present to this select group, alongside
companies like Sirius and Wolf Minerals, provided Cornwall
Resources Limited, our joint venture vehicle with New Age
Exploration, a wonderful chance to highlight the potential resource
Redmoor represents and our plans to develop it."
For further information, please contact:
Strategic Minerals
plc
John Peters
Managing Director
www.strategicminerals.net
Follow Strategic Minerals
on:
Twitter: @SML_Minerals +61 (0) 414
LinkedIn: strategic-minerals-plc 727 965
SP Angel Corporate
Finance LLP
Nominated Adviser and
Joint Broker
Ewan Leggat +44 (0)20 3470
Laura Harrison 0470
Optiva Securities Limited
Joint Broker
Graeme Dickson +44 (0)20 34111880
Yellow Jersey PR
Financial PR
Dominic Barretto
Felicity Winkles +44 (0) 7825
Alistair de Kare-Silver 916 715
Notes to Editors
Strategic Minerals Plc is an AIM-quoted, diversified mineral
development and production company with projects in the United
States of America and Australia. The Company is focused on
acquiring and developing cash generative, high quality projects
which meet local market demand for commodities and utilising this
cash flow to undertake value added exploration.
In September 2011, Strategic Minerals purchased its first cash
generating asset; the Cobre magnetite tailings dam project in New
Mexico, USA which it brought into production in 2012 and which
continues to provide a revenue stream for the Company. The
portfolio was expanded in January 2016 with the acquisition of
shares in Central Australian Rare Earths Pty Ltd, which holds
tenements in Western Australia and the Northern Territory that are
prospective for nickel sulphides and rare earths. In May 2016, an
additional exploration asset was acquired when the company entered
into arrangements to take up to 50% of the Redmoor Tin/Tungsten
project in Cornwall, UK.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRABMBFTMBJJMFF
(END) Dow Jones Newswires
November 30, 2016 02:01 ET (07:01 GMT)
Strategic Minerals (LSE:SML)
Historical Stock Chart
From Apr 2024 to May 2024
Strategic Minerals (LSE:SML)
Historical Stock Chart
From May 2023 to May 2024