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Strongbow Exploration has announced the Cornwall Council has voted overwhelmingly in support of a GBP1 million investment in Strongbow.
Strongbow Exploration (TSXV:SBW) has announced the Cornwall Council has voted overwhelmingly in support of a GBP1 million investment into Strongbow Exploration subject to Strongbow completing a dual listing on the London’s AIM Exchange.
As quoted from the press release:
Richard Williams, Strongbow CEO, stated: “We welcome this very positive decision for the project, which reflects the high level of cooperation between the local community, Cornwall Council and Strongbow, where all parties share the common goal of responsible mine development in an urban environment and high quality job creation. We look forward to advancing the project to a production decision.”
Cornwall Council cabinet portfolio holder for planning and economy, Mr. Bob Egerton, said: “Cornwall has a global reputation for exporting expertise and knowledge in mining and the Council is clear in its desire to support this sector to re-start production in Cornwall and bring with it much needed high value jobs. If successful, restarting mining at South Crofty could create over 300 jobs and make a real difference to an area with high levels of deprivation.”