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Cornish Metals Inc plans significant campaign at United Downs over the coming 18 months


Commodities prices have strengthened significantly over the past year
Cornish Metals Inc (LON:CUSN)(CVE:CUSN) lost C$1.6mln during the year to 31 January 2021, as exploration and evaluation work continued on its portfolio of assets in Cornwall.
During the financial year the company raised C$2.4mln and used it for a proof of concept drill program at the famous South Crofty tin project and for general working capital purposes.
A new zone of high-grade copper-tin mineralization was also discovered at the United Downs exploration project in April 2020.
Cornish Metals closed out the year end with just over C$353,000 in the bank, but subsequently raised £8.2mln (C$14.4mln) in conjunction with its listing on Aim in February 2021. ....

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