Celeste Copper Corp. has made progress in the permit process for its tin project based in Cornwall in England as per a company statement released on Monday.
The Local mineral planning authority, the Cornwall Council has granted the company a new conditional planning consent for its proposed surface mine infrastructure and extensions.
The Toronto Venture Exchange company is planning to develop a new surface mine infrastructure and also extend the current underground working area of the mine from 510 hectares to 1,460 hectares. In order to do so it need to acquire the adjoining land and has entered into conditional contracts with the Cornwall Council to achieve this.
The company bought a 60% stake in Cornish Minerals Ltd last year with an option to take it up to 100%. Cornish Minerals Ltd owns the 150 square km tin and copper mineral rights in the Cornish metallogenic province in Cornwall, England, including the South Crofty Mine.
Farhad Abasov, the Chairman of Celeste Copper Corp, stated that these exciting permitting achievements were critical to Celeste because they underpinned the Project's steady progression to a potential production decision while it continued the exploration program which will ultimately enhance the independent NI 43-101 resource report.