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Drilling Report

4 Jun 2008 07:00

RNS Number : 8889V
Connemara Mining Company plc
04 June 2008
 



4th June 2008

Connemara Mining Company PLC ("Connemara" or "the Company")

Drilling Update from Limerick Zinc Discovery

Highlights:

As part of the follow-up drilling programme a second hole intersects significant thickness and grade of zinc and lead at Stonepark, Limerick

15.35 metres of 3.25% zinc including 2.85 metres of 12.18% zinc / 0.75% lead

Two rigs continue with follow-up drilling

The directors of Connemara (AIM: CON.L), the AIM listed Irish zinc explorer are pleased to provide an update on drilling at their Stonepark zinc discovery in Limerick, Ireland following their successful 5 hole scouting programme at the end of 2007.

Drilling resumed at Stonepark in February 2008 and a recent step out drill hole, (Hole TC-2638-7), located 100 metres from the initial scouting discovery hole (Hole TC-2638-4) intersected 15.35 metres of 3.25% zinc and 0.33% lead including 2.85 metres of 12.18% zinc and 0.75% lead.

The high grade zinc mineralisation and thick well-developed mineralised zones are suggestive of the presence of a large base metal mineralised system. Results of the two discovery holes of which drill hole TC-2638-4 was reported on in November 2007, are shown in Table 1 below.

Table 1: Drill Results from Stonepark Zinc Discovery

Hole ID

Hole Angle (degrees)

From (m)

To (m)

Thick-

ness (m)

Estimated True Thickness (m)

Zn (%)

Pb (%)

TC-2638-4

-90

372.75

374.05

1.30

1.30

6.85

0.3

TC-2638-4

-90

374.05

376.1

2.05

2.05

0.3

TC-2638-4

-90

376.1

380.1

4.00

4.00

11.62

3.46

 

 

including:

 

 

 

 

 

TC-2638-4

-90

378.95

380.1

1.15

 

28.61

4.17

 

 

 

 

 

 

 

 

TC-2638-7

-76

394.85

410.2

15.35

14.9

3.25

0.33

 

 

including:

 

 

 

 

 

TC-2638-7

-76

394.85

397.7

2.85

2.8

12.18

0.75

Two rigs continue to drill onsite. The Stonepark discovery is on the Monaster block of six licences which lie directly on strike to the southwest of the Xstrata/Minco discoveries at Pallas Green. The property is under option to and being operated by Teck Cominco Ireland, a subsidiary of Teck Cominco Limited, who is earning a 75% interest by spending Cdn$3.0 million over 4 years.

  

John Teeling, Chairman of Connemara Mining, commented;

"This drilling result is what we wanted - high grade, big thickness, 100 metres from the original discovery.

The grades and thickness in this recent hole, and in the earlier hole, compare very well with those in the Lisheen and Galmoy zinc mines to the northeast of Stonepark.

It is very early days, but this second high quality hole increases both the interest and confidence in the licence area."

This release has been approved by Graham Reid, P. Geo., Director BRG Technical Services, consultants to Connemara. Mr. Reid has 30 years mineral exploration and evaluation experience.

Enquiries:

Connemara Mining Company Plc

John Teeling, Chairman

 +353 (0)1 833 2833

Jim Finn, Financial Director

Blue Oar Securities Plc

John Wakefield

+44 (0) 117 933 0020

Simon Moynagh

College Hill

Paddy Blewer

+44 (0) 207 457 2020

Nick Elwes

www.connemaramining.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLILFVERRIVIIT
Date   Source Headline
13th Nov 20191:00 pmRNSNew Prospective Features Identified at Stonepark
16th Oct 20197:00 amRNSStonepark partner receives funding from Glencore
27th Sep 20197:00 amRNSInterim Statement for period ended 30 June 2019
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27th Jun 20197:00 amRNSPosting of Annual Report and Notice of AGM
24th Jun 20197:00 amRNSFinal Results for the Year Ended 31 December 2018
7th May 20191:00 pmRNSNew Mineralisation at Stonepark Zinc Project
1st Apr 20194:14 pmRNSTotal Voting Rights
21st Mar 20194:10 pmRNSChange of Name and Update
12th Mar 20193:24 pmRNSHolding(s) in Company
12th Mar 201912:37 pmRNSResult of EGM
5th Mar 201912:31 pmRNSFundraising of £230,000
12th Feb 20197:00 amRNSProposed Change of Name
24th Jan 20191:00 pmRNSExploration Update at Stonepark Zinc Project
21st Jan 20197:00 amRNSChange of Nominated Adviser and Broker
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22nd Jun 20187:00 amRNSFinal Results for the Year Ended 31 December 2017
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17th Oct 201710:14 amRNSReport On Stonepark Zinc Published
13th Oct 201712:16 pmRNSHolding(s) in Company
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