McLean International Mining set to revitalize local economy

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Significant platinum find in UK Â? McLean leads the way with sole mining rights dealÂ? McLean has acquired the rights to the first commercially valuable find of platinum within the UK. The deposit was discovered using the latest satellite technology and constitutes a considerable boost for McLeanÂ?s 2003 forecast. Read the full story hereÂ?

McLean International Mining has been given the sole mining rights to the first discovery of commercial grade platinum within the UK. The historic deal will ensure the creation of over 400 jobs in the local area and a give a massive boost to local industry.

After over 10 months of intensive probing, using advanced satellite technology, the first significant deposits were discovered this week. “This is a great day for McLean and a great day for the West Country” says Tony Elliot, MD of McLean International. “I believe this find will help revitalise an area which has for far too long been neglected”.

The discovery was made after the reinvestigation of a tin mine following unusual rock configurations detected via satellite. The tin mine, originally closed in the 1950's due to falling tin prices and severe competition from the Far East, is now reopening once more due to the discovery of commercial grade platinum just 300m from the original mineshaft.

McLean International Mining, the privately owned Cypriot mining firm, is intending to mine the area in a both a responsible and productive fashion. ‘Whilst the countryside will never look quite as it does now' says Elliot, “McLean will spare no expense in our efforts to preserve the beautiful Cornish landscape”.

Mclean are also in discussions regarding the setting up of a 'local environment fund' of over half a million pounds. This will be spent in accordance with the wishes of local councils and the community.

Activity will commence early 2004 with the building of a 4000sq metre research area around the proposed mine followed by the assessment of several small scale potential dam sites to prevent further flooding.

Cornwall's tin industry originated 4,000 years ago, when it was discovered how to extract metal from local ore. At it’s peak the industry employed more than 20,000 people.

Some graffiti appears on the wall outside the last working tin mine which closed down in 1998.

It says: "Cornish lads are fishermen and Cornish lads are miners too. But when the fish and tin are gone, what are the Cornish boys to do?"

McLean’s believe they have found the answer.

For further information please contact Larry Fisher or on 0870 922 0037

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Michal Adler