Strategic Minerals PLC Appointment of Exploration Manager
12 January 2017 - 6:00PM
RNS Non-Regulatory
TIDMSML
Strategic Minerals PLC
12 January 2017
12 January 2017
Strategic Minerals plc
("Strategic Minerals" or the "Company")
Appointment of Exploration Manager
Redmoor Tin/Tungsten Project in Cornwall, England
Strategic Minerals Plc (AIM: SML; USOTC: SMCDY), the minerals
production and development company, announces that Cornwall
Resources Limited ("CRL"), its joint venture with New Age
Exploration Limited, which is developing the Redmoor Tin/Tungsten
project in Cornwall, England ('Redmoor'), has appointed Mr Brett
Grist as Exploration Manager for the Redmoor drilling programme, to
be conducted this year. This appointment is in line with the
Company's strategy of bolstering CRL's ground senior management
team ahead of its planned 2017 drilling programme. This programme
is aimed at extending the defined high grade resource at
Redmoor.
Brett is a geologist from the Royal School of Mines, London with
over 18 years of exploration and mining experience in base metals
and gold across Europe, the Middle East, West and Central Africa
and Australia. In his most recent role as CEO of CASA Mining
Limited in the Democratic Republic of Congo, Brett led the
discovery, drilling and definition of the 1.2 million oz gold
resource at the Misisi deposit.
Brett is based in Devon, UK, close to the Redmoor project and as
a member of the Dartmoor Tinworking Research Group has a strong
understanding of the geology and mining heritage of the region.
As part of his role Brett will be involved with the recruitment
of additional staff and will assist in finalising arrangements for
the awarding of the contracts in relation to the planned two phase
drilling programme.
Commenting, Strategic Minerals' Managing Director, John Peters,
said:
"The addition of Brett, along with the progress we are making
with the tender for the drilling programme, sees us on track to
commence drilling in the first half of this year. Brett's
experience and his knowledge of the area should prove a valuable
asset and we welcome him to the team.
While we received a number of high quality applications for the
position, we are delighted that the best candidate for this key
position was from South West England, in line with our policy of
looking to employ people from the local community where
possible."
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
Felicity Winkles
Alistair de Kare-Silver +44 (0) 7825
Joe Burgess 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
NRAOKBDQABKKCDD
(END) Dow Jones Newswires
January 12, 2017 02:00 ET (07:00 GMT)