Fore Street Businesses

Business Survey

Work is continuing on the Callington and Kelly Bray Neighbourhood Plan. To assist with this we would like to find out what the Plan can do to help existing and future businesses in the area. If you manage a business in the area we’d really value your feedback!

Please visit our Business Survey page to access & complete our Survey. Your views on the topics and issues that are important to your business. You do not need to answer all of the questions, just those that you feel are relevant.

Please return your completed form by Friday 12th April 2019

Mining News Update

Strategic Minerals To Acquire Balance of Redmoor

Strategic Minerals plc, a producing mineral company actively developing projects prospective for battery materials, is pleased to announce that it has entered into arrangements with New Age Exploration Limited (“NAE”) to acquire its entire 50% shareholding in Cornwall Resources Limited (“CRL”), the joint venture vehicle developing the Redmoor Tin/Tungsten project in Cornwall (“Redmoor”), for a total capped purchase price of £2.66 million.

The Acquisition is subject to approval by NAE shareholders at a general meeting and upon completion of the Acquisition, CRL will be 100% owned by SML. The purchase price has been structured to reflect expected future SML cash flows and a significant component of the purchase price will be determined by future production revenues.

Highlights

  • SML acquires full control of Redmoor, subject to ratification of NAE shareholders at a general meeting.
  • Purchase price for 50% of CRL set at a maximum of £2.66m payable in three stages as follows:

i.£1.06m in cash within 30 days of approval by NAE shareholders

ii.£0.54mSML promissory note payable 180 days after settlement

iii.A royalty stream of 1.5% of Net Smelter Revenue from Redmoor production capped at £1.06m

Commenting, John Peters, Managing Director, Strategic Minerals, said:

The recent resource upgrade has highlighted the potential world class nature of the Redmoor Tin/Tungsten project and has given the Board confidence to consolidate control. To date, SML has progressed Redmoor in conjunction with its joint venture partner, NAE, and is delighted that this opportunity has arisen to acquire total control of the project. Whilst the Acquisition is subject to approval by NAE shareholders at a general meeting, we consider this will be forthcoming within around a month, and SML will then have a further 30 days to settle the Acquisition.

SML has valued working with NAE in developing Redmoor and is pleased to have agreed a fair and mutually beneficial transaction.As a UK listed company with full ownership of a flagship UK based project, SML is proud to play a significant role in the renaissance of the Cornish mining industry.

Whilst the Company has sufficient cash resources to fund the acquisition of NAE’s interest in Redmoor, it is exploring non-dilutive funding alternatives with a select group of potential investors, at both a holding company and project level. Taking full control of Redmoor provides a significant benefit to the Company as it allows it to, solely, set the timing of project developments and, hence, the potential need for cash flow.

The Company considers this Acquisition to be an exciting opportunity and, in conjunction with our team and local stakeholders, looks forward to the next phase of development for CRL. SML believes, such development will further demonstrate the potential size and scope of the project and its position in a global context.

Shareholders are advised that Strategic Minerals’ Chairman, Alan Broome, is also the Chairman of NAE and that, after making the Board of Strategic Minerals aware of the Redmoor opportunity, he recused himself from any further dealings with the Acquisition including any voting at Board level in both the Company and NAE.

Callington Library – new opening hours

Callington Library opening hours are changing from Monday 1st April, 2019

From the 1st April the new Opening hours will be:

Monday:          Closed

Tuesday:         1:00pm – 5:00pm

Wednesday:   Closed

Thursday:       1:00pm – 5.00pm

Friday:            9:00am – 1:00pm

Saturday:        10:00am – 1:00pm

Further information about library and Information Services can be found at:

www.cornwall.gov.uk/library

or

www.cornwall.gov.uk/leisure-and-culture/libraries/your-local-library/

 

New Opening Times post 01042019

Notice of Polling Districts and Polling Places Review

Notice is hereby given that Cornwall Council (the Council) is conducting a review of polling districts, polling
places and polling stations that fall within the County of Cornwall.
2. The (Acting) Returning Officer (ARO) for the Parliamentary Constituencies of St Ives, Camborne and Redruth,
Truro and Falmouth, St Austell and Newquay, South East Cornwall and North Cornwall will make comment on
the proposals and those representations will be published on the Council’s website in accordance with the
timetable set out below.
3. Electors within the County of Cornwall may make a representation. We would like to invite initial comments
from electors regarding the convenience of voting at polling stations currently used for elections and would
welcome suggestions for alternative sites.
4. The Council would welcome the views of all residents, particularly disabled residents, or any person or body
with expertise in access for persons with any type of disability, on the proposals, ARO’s representations or any
other related matters.
5. Persons or bodies making representations should, if possible, give alternative places that may be used as
polling places.
6. Comments and representations may be submitted as follows:
By post: Polling Review, Electoral Services, Cornwall Council, St Austell Information Service, 39
Penwinnick Road, St Austell, PL25 5DR
By email: polling.review@cornwall.gov.uk
By completing the online feedback form at: www.cornwall.gov.uk/review
7. Documents relating to the review can be inspected on the Council’s website at
www.cornwall.gov.uk/review or at main Council Offices and libraries (including the mobile library) set out in
Appendix A of this notice.
8. Timetable for the Review
Date
4 March 2019
Detail
Publication of notice and commencement of the
review. Stage 1 public consultation period begins
15 April 2019 Stage 1 public consultation ends. Publication of
(Acting) Returning Officer’s comments and proposals
8 May 2019 Constitution and Governance Committee meeting to
consider (Acting) Returning Officers report
3 June 2019 Draft recommendations published. Stage 2 public
consultation period begins
15 July 2019 Stage 2 public consultation ends
12 September 2019 Final proposals considered at Constitution and
Governance Committee meeting
Kate Kennally, Electoral Registration Officer, 4 March 2019

Main Council Offices and libraries where hard copy documents relating to the review can be inspected
for the local Parliamentary constituency (documents can also be accessed online at
www.cornwall.gov.uk/review)

Notice of Polling Districts and Polling Places Review 2019

IT IS NOW – Callington Community Arts and Carn to Cove

1966.  Football. Love

They think it’s all over …

IT IS NOW

by Madeline Gould

Join us for a night of romance, football and the sounds of the swinging sixties.

Saturday 16th March 8.00pm

CAVe, Callington Town Hall

Tickets:  Adult: £9  Child: £7  Family: £25

Available from www.carntocove.co.uk

 01726 879500

or in person at the Town Hall or Kivells Estate Agents

Anonymous Is A Woman Theatre CompanyImage result for stage oneImage result for english touring theatre forgeCarn to Cove

 

 

Callington Community Arts and Cfylm presents ….

BLACKkKLANSMAN

Winner/Nominee at the Oscars 2019, Golden Globes, BAFTAs – Best Picture, Best Director, Best Actor, Best Supporting Actor, Best Ensemble Case, Best Screenplay, Best Original Music, Best Film Editing

Based on a crazy, outrageous, incredible TRUE story!

Thursday 28th February

Callington Town Hall  7.30pm

Doors open at 7.15pm for registration to C-Fylm

Members entrance: Adults £4   U18s: £3

Blackkklansman

Mining News Update

Redmoor Resource Update – February 2019

Redmoor Resource Update Delivers: Inferred Mineral Resource Tripled and Grade Increased by 17%. New Age Exploration Limited (ASX:NAE) is pleased to announce the results of an updated mineral resource estimate for its Redmoor Tin-Tungsten Project in the UK, undertaken through its 50% owned joint venture vehicle, Cornwall Resources Limited (“CRL”). The updated Mineral Resource Estimate has been completed by external consultants Geologica (UK), following the completion of CRL’s successful 12-hole 2018 diamond drilling program, aimed at expanding the Redmoor resource.

Highlights

  • Updated Inferred Mineral Resource of 11.7 Mt @ 0.56% WO3, 0.16% Sn, 0.50 % Cu (1.17% Sn Eq or 0.82% WO3 Eq)3 defined within parallel high-grade zones within the Sheeted Vein System (SVS) using a break even cut-off grade of 0.45% Sn Eq1.
  • This represents a tripling of the contained metal (now 137kt Sn Eq) compared with the previous March 2018 Mineral Resource estimate (45kt Sn Eq).
  • The 1.17% Sn Eq updated Inferred Mineral Resource grade, reported at a 0.45% break-even cut-off grade, is 17% higher than the previous March 2018 Mineral Resource estimate (4.5Mt @ 1.0% Sn Eq).
  • Included within the Inferred Mineral Resource is 10.2Mt at 1.26% Sn Eq at a 0.65% Sn Eq total cost cut-off grade, reinforcing the potential to economically mine the resource.
  • Continuity of the SVS which hosts the high-grade zones now confirmed over a strike length in excess of 1,000 m and for some 650 m down dip. Ore body geometry appears likely to be amenable to underground mining.
  • Redmoor now ranks as the 2nd highest grade undeveloped tin or tungsten Mineral Resource in the world on a grade basis.
  • On a contained metal basis, the Redmoor Mineral Resource now ranks the (No. 1) largest undeveloped tin or tungsten underground mining project in the world.
  • The majority of the Redmoor deposit remains open down-dip and to the west, where an Exploration Target has been defined in addition to the resource.
  • Initial metallurgical testwork program underway at Wardell Armstrong International, Cornwall.
  • Mining study to commence shortly aimed at identifying optimal project development path.
  • CRL’s shareholders will then consider the next steps in the work program aimed at advancing the project towards PFS completion.

NAE Director Joshua Wellisch commented “The updated Redmoor Inferred Mineral Resource further establishes the project as a deposit of global significance. The 1.17% Sn Eq resource grade places the project in an outstanding competitive position relative to other new tin and tungsten projects around the world. The result of the resource update is consistent with the increased grades seen through the 2018 drill program and provides an extremely strong base on which the project will be advanced from this year”.

A detailed report can be downloaded by clicking here.

Callington Community Day

Community Day is being held on Saturday 9th March 2019 in the Town Hall, Callington.

If you are part of a group, organisation or club and would like to recruit new members, promote your group or just simply make contact with other groups in the Town, then book a table and come along.

Tables are FREE and are limited to one per group/club.  Refreshments will be available.

For more information please contact Jo on 01579 384039 or email jo.taylor@callington-tc.gov.uk

Community Day 2017 poster 2019 holders

Mining News Update

Outstanding Conclusion to 2018 Redmoor Drilling Programme

The Redmoor Drilling Programme has been completed for 2018. The last rig was demobilised from the site on the 12th December. Commenting, Peter Wale, Executive Director, Strategic Minerals and Director, CRL, said:

These impressive assay results show great scope to increase both the resource tonnage and grade at Redmoor. We anticipate this update and the expected resource upgrade will add further support to the renaissance of mining in Cornwall.

“The Board is delighted by the performance of the CRL team, which has delivered a 2018 outcome which has surpassed expectations. While pleased with the manner in which the programme was run on time and within budget, the level of success in targeting mineralisation is a testament to CRL’s geological model and the team’s theories on the anticipated continuation of mineralisation in high-grade zones within the SVS both at depth and along-strike.

“It is also pleasing to note that the Board’s long-term view on the impact of supply and demand factors on tin prices has been reflected in the recent recovery in tin prices, which are now above $20,000 per tonne.

“2019 is anticipated to be a watershed year for SML – this update from Redmoor sets the tone for what the Board expects to be a year of substantial progress.”

Highlights:

  • All holes in the 2018 programme successful with most surpassing internal expectations, indicating a high likelihood of a substantially expanded Mineral Resource.
  • Weighted average tin equivalent grade for full programme 81% higher than current Mineral Resource, arising from significant intercepts of the high-grade zones within the SVS.
  • High grade intercepts of up to 26.20%, 12.45% and 10.52% tin equivalent (SnEq).
  • Includes tin (individual metal) grades of up to 5.13% Sn (CRD029; 366.61 – 367.61 m).
  • Latest holes represent some of the highest-grade intercepts to date, consistent with the last update on 27 November 2018.
  • Full 2018 drill programme successfully completed on time, under budget, and with a clean safety and environmental record.
  • Updating of Mineral Resource Estimate commenced, and results are expected in Q1 2019.
  • CRL received a £138,000 Research and Development refund from HMRC on 3 January 2019.

A detailed report can be downloaded here.

Market Stalls Initiative

A new sub-committee has recently been formed to consider the possibility of purchasing market stalls and equipment to aid a market stall initiative.  The Town Council has secured the finances to purchase such equipment in order to get the idea established but in order to move forward they need to ascertain if it is viable and if there is enough community support to guarantee the longevity of the project.

An inaugural meeting has been scheduled for next week, Tuesday 29th January in the Council Chamber at 6.30pm.  We would like to invite traders and residents to attend a public session at the start of the meeting to put forward constructive thoughts and ideas.

The committee will then use this information to develop the idea further.

Please come along and let us know your thoughts and suggestions. We look forward to seeing you.