The new owner of South Crofty has issued a progress report on its plans for the tin mine.
Strongbow Exploration, which acquired the mine from administration in July, has now engaged fellow Canadian company, P&E Mining Consultants, to produce a ‘preliminary economic assessment’ (PEA) report on South Crofty.
It expects the process to be completed in Q1 2017.
Work is also set to begin next month on testing the water in the mine, with the aim of applying to the Environmental Agency for a ‘discharge permit’ to begin dewatering.
According to Strongbow, the aim is to be able to treat and discharge up to 25,000m3 per day, which would allow for the mine to be dewatered over an 18-24 month period.
The company also hosted its first community meeting in Camborne recently, and said that it met with an “overwhelmingly supportive” response to its plans for South Crofty.
Strongbow president and CEO, Richard Williams, said: “We have made excellent progress on the ground at South Crofty since completing the acquisition of the project in July this year.
“Engaging the local community and other stakeholders, and working on a continuous basis with the Environment Agency, the Mineral Planning Authority, and the local council is fundamental to the future success of this project. We look forward to publishing the PEA results and completing the water treatment tests in Q1, 2017.”