8 Jul 2009 12:28
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8th July 2009Β
Connemara Mining Company PLC
Highlights of comments made byΒ John Teeling,
the Chairman ofΒ ConnemaraΒ Mining, at the Annual General Meeting
held inΒ DublinΒ at 12 noon on 8th July 2009
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IrelandΒ continues to demonstrate that it is an exciting base metal province, with excellent exploration results being reported from a number of explorers. |
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The principal focus is on the Limerick / Clare region where three zinc discoveries are being explored, theΒ ConnemaraΒ / Teck Cominco discoveries at Stonepark and Stonepark North, the Minco / Xstrata ongoing exciting discoveries at Pallas Green, and the recently reported Belmore / Lundin discovery in Clare. |
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Drilling is scheduled to start later this month on the Connemara ground inΒ Limerick, where Teck Cominco are operators and hold a 75% interest. The focus is to develop the size of the Stonepark and Stonepark North zinc lenses and to test newΒ anomalies on the 16 licenses. |
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Connemara is the fourth largest exploration ground holder inΒ IrelandΒ with a portfolio of what we believe are high potential licenses. |
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Work is continuing on the Castlemaine block where good results are being found. |
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Extensive geophysical and geochemical work isΒ ongoing on our other licenses. |
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The recent revival in the zinc price to a level that is economicΒ for Irish projects is welcome. |
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All resolutions were passed at the meeting. |
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Enquiries: |
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Connemara Mining Company Plc |
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John Teeling, Chairman |
+353 (0)1 833 2833 |
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JimΒ Finn, Financial Director |
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Smith & Williamson Corporate Finance |
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Nick Reeve |
+44 (0)117 376Β 2213 |
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BarrieΒ Newton |
+44 (0)117 376Β 2213 |
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College Hill |
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Nick Elwes |
+44 (0)20Β 7457 2020 |
www.connemaramining.com
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