RE: Investment case22 Sep 2021 11:17
Hopefully we get confirmation that exploration is the resume at Stonepark in Q4. Group 11 still see the project offering potential as per their website (extract below). Only £2m mcap here so plenty of potential to re rate on news....
'Exploration opportunities exist at the Stonepark North, Stonepark West and Stonepark prospects where drilling by Teck Ireland Ltd. has intersected encouraging zones of mineralization. Follow-up drilling to trace mineralization back to a controlling structure, as well as, testing regional targets are key priorities. Regionally, the major mineralization controlling structures have not yet been identified on the property. The bulk of the high-grade zinc-lead mineralization at the Stonepark Project occurs in flat-lying, stratiform (1.0 to >7.5m thick) lenses of massive and semi-massive sphalerite, galena, and pyrite hosted within thick (10 to >75 m) hydrothermal alteration bodies (primarily Black Matrix Breccias) within the Waulsortian Limestone Formation. The Company plans to use tectono-stratigraphic analysis combined with seismic profiling (which has been attributed to the great success in the discovery and delineation of the SWEX SE “deeps” zone at Navan) to identify controlling structures and locate the most significant parts of the hydrothermal system.'