Cornish Metals Inc. (TSE:CUSN) has released an update.
Cornish Metals Inc. is on schedule to complete the Preliminary Economic Assessment for its South Crofty tin project by Q2 2024, with significant progress in shaft refurbishment and mine dewatering. The company is buoyed by the recent surge in tin prices, which have crossed US$30,000 per tonne, underscoring the strategic importance of the project at a time when tin is recognized as a critical metal and there is no primary tin production in Europe or North America.
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