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South Crofty 'a very attractive opportunity' says Strongbow chief Richard Williams

Published: 22:15 06 Dec 2016 AEDT

Strongbow Exploration is a Canadian mineral exploration company focused on building a strategic minerals company through the acquisition and exploration of its portfolio of assets in the UK and North America.
 
Strongbow's president and CEO Richard Williams tells Proactive: ''The company was restructured last year and we formed a strategic alliance with Osisko Gold Royalties out of Canada to look at creating a new strategic metals company with an initial focus on tin and tungsten''.
 
''To that end we acquired some tungsten royalties earlier this year in northern Canada. In July this year we completed the acquisition of the South Crofty tin project in Cornwall.''
 
''South Crofty is a mine that's got a very long history. It was a mine for 400 years, it's one of the biggest producers of tin recorded - historically it's produced over 400,000 tonnes of tin metal. What's really attractive from an investment perspective is the fact it's got an active mining license on it. It takes a lot of time and effort and money today to acquire new mining licenses and that license is valid for another 55 years until 2071.''

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