Tiny Cornish village hopes to reclaim its title of ‘the richest square mile on Earth’ after huge copper reserves are found 330ft underground
- A huge copper reserve could be buried 330ft below Gwennap in Cornwall
- Gwenapp was known as one of the ‘richest’ square miles of the 18th century
- A company is claiming it has found high-grade copper-tin reserves at Gwennap
- It seeks funding to continue drilling and tap into Cornwall’s ‘huge potential’
A huge copper reserve may be buried up to 330ft beneath a tiny Cornish village once known as ‘the richest square mile in the world’.
A company has conducted drilling tests in the village of Gwennap, just one square mile big. Early signs indicate it could be home to a huge copper reserve.
Gwennap could reclaim its 18th century title as ‘the richest square mile’ in the world if further tests confirm the presence of high-grade copper.
Strongbow Exploration claims to have discovered the reserve near St Day parish.
It is seeking funding to drill in Gwennap and tap into what chief executive Richard Williams described as Cornwall’s ‘huge potential’.
‘There are some 2,000 documented mines in Cornwall but with the advance in new technologies we believe most remain under exploited,’ he said.
‘There is a huge potential to find some of the highest quantities of tin, copper and lithium and our exploration drilling holes have reaffirmed that belief.’
A company has conducted drilling tests in the village of Gwennap (pictured, Gwennap pit), just one square mile big. Early signs indicate it could be home to a huge copper reserve
Gwennap could reclaim its 18th century title as ‘the richest square mile’ in the world if further tests confirm the presence of high-grade copper
‘This is a massively exciting opportunity and the people of Cornwall and local authorities have been really supportive,’ Mr Williams added.
Richard Williams, chief executive of Strongbow Exploration
Copper is widely used in electronics and many vital components of modern tech are made of the mineral.
The high-grade copper drill tests were carried out by another mining company, Cornish Lithium, which is looking for lithium under Cornwall.
The company believes the discovery of lithium, used in batteries and valuable to the telecoms businesses, could spark a new UK industrial revolution.
Mr Williams added: ‘Cornwall has a massive role to play in the growth of the UK’s tech sector. In terms of security of supply, its mineral wealth is important, especially if the Government has desires to build its own high-tech industry.
‘From renewable energy to robotics, all these industries require metals like copper, tin or lithium – and Cornwall has plenty of it.’
A spokesperson for Cornish Lithium said: ‘Cornish Lithium continues to enjoy a strong relationship with Strongbow Exploration and is excited about the opportunities that this discovery highlights for the mining industry in Cornwall.’
‘This is a massively exciting opportunity and the people of Cornwall and local authorities have been really supportive,’ Richard Williams of Strongbow Exploration said
The latest drill holes, up to 330ft deep, showed copper mineralisation greater than 20 per cent, which further tests are expected to confirm (pictured, Gwennap Pit)