Strategic Minerals Share Discussion Threads

[sleveen] 10/4/2024 07:26

Market expecting these confirmatory figures.

LCCM news hopefully soon.

[sleveen] 05/4/2024 06:14

Cu price near all time highs, should help with financing LC.

[troutisout] 04/4/2024 11:01

I am hoping it comes with some more news, as JP was definitely intimating that there were multiple news events due in Q1....
It has drifted down on low volumes, but seems to have attracted some buying today....

[sleveen] 04/4/2024 07:08

March sales update due next week?

[iceagefarmer] 03/4/2024 20:21

copper price now $421..this is gonna be a multibagger.. Cobre making massive profits now any idiot can see it will ..buy!

[swiss paul] 03/4/2024 20:19

mwaaahhhh - so funny

[ajmace] 27/3/2024 10:41

Good to see a 900000 buy at 0.278pI think it may go above 0.3p soon

[iceagefarmer] 27/3/2024 10:29

keep buying..massive bargain here

[swiss paul] 20/3/2024 19:26

Is it me or am i going a bit blind.

I dont see anything that grants mining rights. If am wrong then please give me a pointer

[iceagefarmer] 20/3/2024 07:48

20th March 2024

Strategic Minerals plc

("Strategic Minerals" or the "Company")

Mineral Rights Agreement Signed with The Duchy of Cornwall

Tamar Valley Licence Area

Strategic Minerals plc (AIM: SML; USOTC: SMCDY), a profitable producing mineral company, is honoured to announce that its 100% owned subsidiary Cornwall Resources Limited ("CRL") has finalised an Exclusivity and Prospecting Agreement (the "Agreement") with The Duchy of Cornwall ("The Duchy") that will increase CRL's footprint in the East Cornwall/Tamar Valley region almost fourfold.

Highlights:

· This agreement between The Duchy of Cornwall and CRL represents the first agreement of its kind in modern times aimed at advancing commercialisation of The Duchy's mineral rights through an Exclusivity and Prospecting Agreement.

· Agreement provides exclusive mineral rights to certain areas, adjacent to CRL's Redmoor licence area, located within the Duchy's mineral rights in North and East Cornwall, covering over 6,427 Hectares (64.27 km²), including the historically mined and highly prospective Tamar Valley Mining District.

· CRL's regional exclusive mineral rights footprint increased almost 4 times to 87.95 km², up from 23.68 km².

· Initial exclusive exploration period of 3 years, effective from 1st April 2024, with an option to extend further.

· The Agreement provides CRL the exclusive right to negotiate and implement with The Duchy of Cornwall a further exploration deed and option to mineral rights lease (for mining) over the Agreement area.

· Within the Agreement area, CRL has the exclusive rights to undertake exploration activities for all ores, minerals and metalliferous substances, alongside other stores of metals at surface, with the exception of those reserved to the Coal Authority, the Crown and Mines Royal.

· Exploration activities will initially focus on a desktop review prior to the continuation of the low-cost, high-impact, regional exploration and targeting program, following on from the activities undertaken as part of the successful Deep Digital Cornwall Project.

· Further additional targeted work programs are currently being designed and will be announced in due course.

· The terms of the Agreement require CRL to pay an annual rent to The Duchy of Cornwall.

· CRL commits to working with The Duchy of Cornwall to further the Duchy's development strategy to enhance economic, social, and environmental outcomes within the Agreement area.

· Agreement further secures CRL's significant mineral rights position in the Tamar Valley of east Cornwall, with further announcements to follow.

Commenting, Alan Broome AM, Chairman of Strategic Minerals said:

"This agreement with The Duchy of Cornwall materially strengthens CRL's mineral rights footprint in the Tamar Valley Mining District by increasing it by a factor of almost four times. Strategic Minerals and CRL are honoured to be trusted to deliver progress in compliance with The Duchy of Cornwall's strategic objectives. The CRL team is excited to progress initial reviews of the data and historical information available aimed at determining the design of the most logical work programs, with further announcements to follow.

"CRL's regional presence has been significantly strengthened with the addition of these prestigious mineral rights in areas that historically supported active mining within the Tamar Valley Mining District. This development further underwrites the Company's strategy to be part of, and benefit from, the resurgence of mining activity in the UK and directly contribute to the deliverability of the UK's Critical Minerals Strategy and Cornwall's ambition to be a world-class region for metal mining and georesources."

Commenting, Joshua Conibear of Wardell Armstrong LLP, the Duchy of Cornwall's Mineral Agent, said:

"The Duchy of Cornwall recognises the importance of the potential resources of Critical Minerals located within its mineral rights holdings and grants appropriate agreements with companies wishing to explore these opportunities."

[slingerman] 08/3/2024 08:46

https://twitter.com/i/status/1765646040902799473

[troutisout] 07/3/2024 08:29

Still on track for more news this month from the RNS.

[kael] 07/3/2024 08:15

Theyre buying a bigger truck to help... ?

[jotoha2] 07/3/2024 07:21

So on that tonnage ,then back to 7p in 3 years wow !

[sleveen] 07/3/2024 07:18

Good update.

""Discussions continue with another potentially large client at Cobre but, due to recent increases in activity, such discussions are now focussed on future years supply.

"At present, we anticipate further news flow from projects this month and beyond."


Looks like SML will have to increase capacity to accommodate the new large customer. Which is fine by me as I've no wish to see the Cobre either financially or operationally overstretched.

[livewireplus] 07/3/2024 07:13

RNS out detailing February sales tonnage of 4,898 tons

[troutisout] 06/3/2024 12:57

From the interviews, it would seem they will try and accommodate this new client with an increasing shipment, expanding the offtake as they go. Whether or not that will satisfy the prospective client at this time, who knows? If I was seeking large volume shipments I probably don't want to wait for them to become large volume, but there again it might suit them.
JP better get a move on with the newsflow he was talking about for the first quarter of 2024, under 4 weeks to go now...

[sleveen] 06/3/2024 12:23

" Discussions also continue with another potential new client that is seeking large volume shipments. However, recent arrangements with the major client and the additional new client may impact our capacity to fulfil a large order."


I wonder how the above is progressing.

[dearbhla] 28/2/2024 17:29

Good or bad

[ajmace] 27/2/2024 09:58

A lot of trades todaySomething is up I'd say

[troutisout] 21/2/2024 19:52

Looks like Golden Cross time here at SML, coincide that with some positive news soon and the share price could easily get up to the 0.4-0.5p area.


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