As per Ann. Redmoor Development Plan • ~23 boreholes planned...

As per Ann.

Redmoor Development Plan
• ~23 boreholes planned over a 2 phase drilling programme to identify and expand high grade resource. Drilling to commence during H1 of 2017
• Updated resource estimate in late 2017
• Develop and consult with local community on a viable underground mine plan and processing plant
• Subject to the findings of the initial drill program and funding, undertake further drilling and studies
• Raise or bring in capital at the asset level following completion a Bankable Feasibility Study and planning approval
• A number of UK funds have already expressed interest in backing the project when further derisked
• At this time Cornwall Resources Ltd. is committed to seeing the project through to production
• Potential to leverage existing infrastructure with Drakelands’ (Wolf Minerals) plant 40 kms by road