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Mining Companies Secure Funding and Report Resource Upgrades

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Mining & Resources Notizia

Mining,Exploration,Funding

Cornish Metals secures £7 million credit facility for its South Crofty tin project. Premier African Minerals announces a 23% increase in spodumene resources at its Zulu Lithium and Tantalum Project. SolGold provides an update on the Cascabel project in Ecuador, optimizing exploration plans with seismic surveys.

Cornish Metals has entered into a non-dilutive £7million secured credit facility with Vision Blue Resources to support the continued development of its 100% owned and permitted South Crofty tin project in Cornwall, United Kingdom. The proceeds of the facility are expected to be used for the company's general operating and corporate purposes.

These holes will also be part of a broader mine geotechnical program, which includes drilling for the declines, underground mine design and other site infrastructure," it said.The company currently expects the Environmental and Social Impact Assessment documents to be submitted to the Ecuadorian regulatory authorities by the end of Q3 2025.

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