The potential resource is estimated at approximately 1,331,000 tonnes of 0.44% tin, 1.08% copper and 0.66% zinc.

“The resource reporting at this stage does not take into account additional possible 'credit' commodities present, including indium, tungsten and silver, which could potentially add value to the resource,” said the company in a statement.

Celeste has made plans to acquire up to 100% of the project. “We are pleased to have received the report as it is an important step towards  completing the acquisition of an interest in Cornish Minerals Ltd,” said Denis Clement, President and CEO of Celeste. "This mining district has a very long and significant mining history, and we believe this project will help to once again bring tin mining to the forefront in this region."