OPERATIONS UPDATE FOR THE SOUTH CROFTY TIN PROJECT

Original announcement by lse on

Company
Cornish Metals plc
Ticker
TIN
Exchange
LSE
Region
Cornwall, United Kingdom
Primary commodity
Tin
Secondary commodities
Tungsten, Copper
Document categories
Drill results, Other
Extracted
2026-10-12 11:13:42 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Cornish Metals has completed its Roskear West surface drilling programme, confirming tin mineralisation extends west of the current Mineral Resource Estimate and discovering a new high-grade tungsten zone. The company also reported significant infrastructure progress, including the opening of a new workshop and the arrival of critical mine winders.

Reasoning: The update reports successful completion of a surface drilling programme that confirms resource extension and identifies new high-grade tungsten, alongside significant construction progress.

Positive factors

  • tin mineralisation confirmed continuing west of current MRE
  • discovery of new high-grade tungsten zone
  • identification of previously unmodelled tin-bearing structures
  • infrastructure milestones reached (winder, workshop, excavation)

Negative factors

  • all intervals are downhole lengths; true widths not yet calculated

Facts used in scoring: 5

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling confirmed tin lodes continuing west of the current MRE.

Evidence · text

“confirming tin lodes continuing west of the current Mineral Resource Estimate ("MRE")”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: All intervals are reported as downhole lengths with no true width calculated.

Evidence · text

“All intervals are downhole lengths; true widths have not yet been calculated.”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Drill Results (5)

SDD26_001ASouth Crofty · tinGrade: 4.18Grade Unit: %Intercept: 0.79 mView all details
Link to this fact

Identity

Hole ID
SDD26_001A
Project
South Crofty
Commodity
tin
Region
cornwall, united kingdom
Reported Region
cornwall, united kingdom
Ticker
TIN

Geometry

Grade
4.18
Grade Unit
%
Intercept
0.79 m

Classification

Sample Type
drill
Group ID
SDD26_001A:0-0.79
Mining Method
unknown

Location

Location
Roskear 1 South
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: High grade tin intercept confirming lode continuity.

Positive factors

  • high grade intercept

Negative factors

  • apparent width only

Evidence · text

“0.79 metres at 4.18% Sn (Roskear 1 South) in drillhole SDD26_001A”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SDD26_002South Crofty · tinGrade: 1.46Grade Unit: %Intercept: 1.51 mView all details
Link to this fact

Identity

Hole ID
SDD26_002
Project
South Crofty
Commodity
tin
Region
cornwall, united kingdom
Reported Region
cornwall, united kingdom
Ticker
TIN

Geometry

Grade
1.46
Grade Unit
%
Intercept
1.51 m

Classification

Sample Type
drill
Group ID
SDD26_002:0-1.51
Mining Method
unknown

Location

Location
Roskear South
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Standard intercept confirming lode continuity.

Positive factors

  • includes high grade sub-interval

Negative factors

  • apparent width only

Evidence · text

“1.51 metres at 1.46% Sn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SDD26_002South Crofty · tinGrade: 5.71Grade Unit: %Intercept: 0.33 mView all details
Link to this fact

Identity

Hole ID
SDD26_002
Project
South Crofty
Commodity
tin
Region
cornwall, united kingdom
Reported Region
cornwall, united kingdom
Ticker
TIN

Geometry

Grade
5.71
Grade Unit
%
Intercept
0.33 m

Classification

Sample Type
drill
Group ID
SDD26_002:0-1.51
Mining Method
unknown

Location

Location
Roskear South
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: High grade sub-interval within the main intercept.

Positive factors

  • high grade sub-interval

Evidence · text

“including 0.33 metres at 5.71% Sn (Roskear South)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SDD26_002South Crofty · tungstenGrade: 1.41Grade Unit: %Intercept: 8.58 mView all details
Link to this fact

Identity

Hole ID
SDD26_002
Project
South Crofty
Commodity
tungsten
Region
cornwall, united kingdom
Reported Region
cornwall, united kingdom
Ticker
TIN

Geometry

Grade
1.41
Grade Unit
%
Intercept
8.58 m

Classification

Sample Type
drill
Group ID
SDD26_002:0-8.58
Mining Method
unknown

Location

Location
Roskear South
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Discovery of a new high-grade tungsten zone.

Positive factors

  • new high-grade tungsten zone discovery
  • significant width

Negative factors

  • apparent width only

Evidence · text

“8.58 metres at 1.41% W (1.78% WO₃)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

SDD26_002South Crofty · tungstenGrade: 15.15Grade Unit: %Intercept: 0.52 mView all details
Link to this fact

Identity

Hole ID
SDD26_002
Project
South Crofty
Commodity
tungsten
Region
cornwall, united kingdom
Reported Region
cornwall, united kingdom
Ticker
TIN

Geometry

Grade
15.15
Grade Unit
%
Intercept
0.52 m

Classification

Sample Type
drill
Group ID
SDD26_002:0-8.58
Mining Method
unknown

Location

Location
Roskear South
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-12T00:00:00.000Z

Reasoning: Very high grade tungsten sub-interval.

Positive factors

  • bonanza grade

Negative factors

  • apparent width only

Evidence · text

“including 0.52 metres at 15.15% W (19.10% WO₃)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.