3 November 2021
CORNISH TIN APPOINTS CLIVE NEWALL AS CHAIRMAN
Cornish Tin Limited (“Cornish Tin” or the “Company”) a UK private limited company (registered number 10935627) is pleased to announce that Mr Clive Newall has been appointed as Non-Executive Chairman of the board of Cornish Tin with effect from 1 November 2021.
Clive has worked in mining and exploration throughout his career, having spent the last twenty-five years in the leadership team of TSX-listed First Quantum, one of the world’s largest global copper companies. He is a co-founder of First Quantum and since its formation in 1996 has been its President and a Director. He is also a non-executive director of TSX-listed Marimaca Copper Corp. Clive graduated from the Royal School of Mines, Imperial College, London with an honours degree in Mining Geology and was awarded an MBA from the Scottish Business School at Strathclyde University. He has also previously held senior management positions with Amax Exploration Inc. and the Robertson Group plc, and non-executive directorships of Gemfields plc and Baker Steel Resource Trust Limited.
Sally Norcross-Webb, Chief Executive Officer of Cornish Tin, commented:
“I am delighted that Clive has joined the board of Cornish Tin as Chairman. Clive’s achievements in the global mining industry are of course very well-known and highly respected. His renowned track record in strategy and value creation for stakeholders will make a transformational contribution to Cornish Tin’s progress as we aim to advance through exploration, feasibility, permitting and towards production. Our first and flagship project is The Great Wheal Vor, a group of 26 former producing high grade tin and copper mines in the Mining District of Breage, Cornwall. The mines were described in 1929 as “the richest in tin of all the Cornish mines, probably the richest tin mine which has ever been worked in the world”. The next step is to implement our Phase 1 exploration drilling program for which Planning Consent was granted in July 2021. Clive’s immense skill and experience in building resources through exploration strategy will be invaluable as we move forward”.
Clive Newall, Non- Executive Chairman of Cornish Tin, commented:
“I am very pleased to have joined the board of Cornish Tin and look forward to working with Sally. I have always been intrigued by the history of The Great Wheal Vor and I am excited by the potential to build what could be a significant domestic supply of sustainably produced critical minerals for the benefit of Cornwall and the UK. The historic production grades of these mines are legendary - they closed 150 years ago not through a lack of resource but due to a mineral rights dispute - so it will be exciting to see if we can write the next chapter of their history”.
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