Strongbow Exploration, the Canadian-based exploration company, completed its purchase of the South Crofty mine last year and began initial testing in September.
Chief executive Richard Williams updates Tip TV viewers about the results of the preliminary economic assessment (PEA) of the project.
Reopening of the South Crofty mine would mean 275 permanent jobs, says Williams. But the good news does not stop there. There is a multiplier effect in the mining industry. Single direct job creation usually leads to three or four indirect job creations. That means a total of 1000 jobs could be created!
The segment also includes a discussion on the Tin market.