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HomeBusinessCornish Metals Announces Appointment of Stephen Gatley as Independent Non-Executive Director

Cornish Metals Announces Appointment of Stephen Gatley as Independent Non-Executive Director

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VANCOUVER, British Columbia, Oct. 14, 2021 (GLOBE NEWSWIRE) – Cornish Metals Inc. (TSX-V: CUSN) (“Cornish Metals” or the “Company”) is pleased to announce the appointment of Mr. Stephen Gatley to the Board of Directors (the “Board”) as an Independent Non-Executive Director.

Mr. Gatley is a mining engineer and graduated from the Royal School of Mines in London. He spent the early part of his career working in the Cornish tin industry at the Wheal Jane and South Crofty mines and was General Manager of South Crofty at the time of its closure in 1998. He also worked for Rio Tinto plc in senior positions at Underground base metal mines in Europe and South America, prior to joining Lundin Mining Corp. where he served as Vice President of Technical Services from 2012 to 2021. In this role, he provided technical oversight of Lundin’s operating mines and growth initiatives. , including the acquisition and subsequent construction of the high-grade Eagle nickel / copper underground mine in Michigan, USA, the acquisition and subsequent expansion of the Candelaria copper open pit mine and its three underground mines in Chile and the acquisition and integration of the Chapada copper / gold mine in Brazil.

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Mr. Gatley is based in the UK and has been a director of numerous subsidiary companies of Lundin Mining Corp and remains a director of its Portuguese subsidiary, Somincor SA. He previously served as a non-executive director of Union Resources Ltd, which is listed on AIM and ASX. . and Sunridge Gold Corp.

Mr Gatley stated: “I am delighted to join the Board of a company that is focused on restarting the Cornish mining industry and I look forward to bringing my technical expertise in underground mining and my local knowledge.”

Richard Williams, CEO of Cornish Metals, stated: “We are very pleased that Steve has agreed to join our board. Not only does he have extensive mining experience, but he is also very familiar with our South Crofty tin project, which will be extremely valuable as we look to advance our Cornish assets. His commitment to our company is testament to the potential he sees for Cornish Metals to be a major supplier of some of the metals the UK needs in the drive towards net zero and the electrification of the economy. “

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The following information is disclosed pursuant to Rule 17 and Schedule two paragraph (g) of the AIM Rules for Business in relation to 61-year-old Stephen Trelawney Gatley:

Current Directories and / or Associations: Former management positions and / or associations (in the last five years):

Somincor SA Galmoy Mines Limited

Lundin Mining UK Limited

Lundin Mining Limited

Lundin Mining Exploration Limited

There are no further disclosures required under Schedule 2 (g) of the AIM Rules for Companies. Mr. Gatley has no shares in the company.

ABOUT CORN METALS

Cornish Metals completed the acquisition of the South Crofty and United Downs copper / tin projects, as well as additional mineral rights located in Cornwall, UK, in July 2016 (see company press release dated July 12, 2016 ). The additional mineral rights cover an area of ​​approximately 15,000 hectares and are distributed throughout Cornwall. Some of these mineral rights cover old mines that were historically worked to obtain copper, tin, zinc and tungsten.

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For additional information, contact:
In North America:
Irene Dorsman at (604) 200 6664 or by email at [email protected]

SP Angel Corporate Finance LLP
(Designated advisor and joint agent)
Tel: +44 203 470 0470
Richard Morrison
Charlie bouverat
Grant barker
Hannam and partners
(Joint runner)
Tel: +44 207 907 8500
Matthew hasson
Andrew Chubb
Ernest bell
Blytheweigh
(Financial Public Relations / IR-London)
Tel: +44 207 138 3204
Tim blythe [email protected]
Megan ray [email protected]

ON BEHALF OF THE BOARD OF DIRECTORS

“Richard D. Williams”
Richard D. Williams, P. Geo

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Caution Regarding Forward-Looking Statements

This press release contains forward looking statements”. Forward-looking statements, while based on management’s best estimates and assumptions at the time they are made, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied therein. forward-looking statements, including but not limited to: risks related to receiving regulatory approvals, risks related to general economic and market conditions; risks related to the global pandemic of COVID-19 and any variant of COVID-19 that may arise; risks related to the availability of financing; the schedule and content of upcoming work programs; actual results of proposed exploration activities; possible variations in Mineral Resources or law; failure of the plant, equipment or processes to operate as anticipated; accidents, labor disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; changes in national and local government regulation of mining operations, tax rules and regulations.

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Although Cornish Metals has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, there may be other factors that cause results to be not as anticipated, estimated or anticipated. There can be no guarantee that such statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Cornish Metals assumes no obligation or responsibility to update forward-looking statements, except as required by law.

Market abuse regulation (MAR)
Divulgation

This advertisement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK national law under the European Union (Withdrawal) Act 2018 (“MAR”), and is disclosed in accordance with the Company’s obligations under Article 17 of the MAR.

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