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Drilling Update

2 Mar 2010 07:00

RNS Number : 8893H
Connemara Mining Company plc
02 March 2010
 



2nd March 2010

Connemara Mining Company Plc

 

Ongoing Drilling on the Stonepark Project Hits

More Zinc-Lead Mineralisation

 

·; Another drill hole in the Stonepark North zone intersects high grade zinc-lead mineralisation.

 

·; Results suggest the presence of a continuous zone of zinc-lead mineralisation at approximately 200-220 metres depth

 

Connemara Mining (AIM:CON), the AIM listed Irish zinc explorer, is pleased to report additional results from the ongoing drilling programme in Limerick. The programme is under option to and operated by Teck Ireland Limited, a subsidiary of Teck Resources Limited - Canada's largest diversified mining company.

 

Hole 36 (TC-2638-036) intersected 5.35 metres at 13.2% zinc and 3.2% lead from 202.7 meters depth (see Table 1). This high grade zone occurred at the base of a thick interval of hydrothermal black matrix breccia that contains additional lower grade disseminated zinc-lead mineralisation. This overall interval has a grade of 4.67% zinc and 1.04% lead over a 21.25 metre interval from 186.8 m depth.

 

Table 1: Stonepark North Drilling Highlights

Hole ID

From (m)

To (m)

Thickness1 (m)

Zinc (%)

Lead (%)

TC-2638-036

202.70

208.05

5.35

13.22

3.18

TC-2638-0322

207.60

215.40

7.80

5.18

2.68

Including:

TC-2638-0322

214.05

215.40

1.35

10.40

2.16

TC-3638-0263

216.05

223.35

7.20

13.07

2.23

1All drill holes are vertical (-90 degrees). 2Reported January 20th, 2010. 3Reported Sept. 4th, 2009.

 

Hole 36 is the seventh hole at Stonepark North and is located 100 metres north of drill hole 32 and 180 metres north of drill hole 26. Both holes 26 and 32 intersected significant zinc-lead mineralization at similar depths (see Table 1) suggesting the presence of a continuous stratiform zone of zinc-lead mineralisation within the host Waulsortian Limerstone unit. This zone is still open in a number of directions.

 

The Stonepark North zone is located approximately 2 kilometres north of Connemara's original discovery at Stonepark and appears to represent the shallower, up-dip end of a large mineralizing system on the Stonepark Project.

 

Sulphide mineralization is similar in style in all the Stonepark North holes and consists of massive to disseminated sphalerite, galena and pyrite and is typical of an "Irish-type" deposit such as the large Anglo American mine at Lisheen 60 kilometres to the northeast of Stonepark.

 

Drilling is ongoing with two rigs currently on site. The 2010 drilling programme will comprise approximately 10,000 metres of diamond drilling.

 

John Teeling, Chairman of Connemara Mining, commented:

"The Stonepark zinc discovery in Limerick looks to have serious potential. Mineralisation in the holes is relatively shallow and there is growing evidence of a continuous zone of zinc-lead mineralisation. Though still an exploration project, the Stonepark discoveries, when allied to the adjacent Pallas Green discoveries, mean that we are hopeful that the next world class zinc mine in Ireland will be in the 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

Smith & Williamson Corporate Finance

Nick Reeve

+44 (0) 117 376 2213

Barrie Newton

+44 (0) 117 376 2213

College Hill

Nick Elwes

+44 (0) 20 7457 2020

 

www.connemaramining.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLLLFLDVVILIII
Date   Source Headline
25th Nov 20197:00 amRNSStonepark Strategic Review
19th Nov 201912:38 pmRNSDirector Resignation
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
17th Sep 20197:00 amRNSNew Gold Target at Inishowen
24th Jul 20192:17 pmRNSResults of Annual General Meeting
24th Jul 20197:00 amRNSSignificant Gold Anomalies at Mine River Project
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
24th Oct 20181:00 pmRNSFurther Drilling at Stonepark Zinc Project
26th Sep 20187:00 amRNSInterim Report
30th Jul 20187:00 amRNSHolding(s) in Company
25th Jul 20181:32 pmRNSResults of Annual General Meeting
5th Jul 20187:00 amRNSDirector/PDMR shareholding
4th Jul 20187:00 amRNSDrilling Recommences at Oldcastle Zinc Project
29th Jun 20187:00 amRNSPosting of Annual Report and Notice of AGM
25th Jun 201811:23 amRNSMine River Exploration Update
22nd Jun 20187:00 amRNSFinal Results for the Year Ended 31 December 2017
18th Jun 20181:01 pmRNS32.2% Zinc + Lead combined over 5.4m at Stonepark
17th Apr 20182:58 pmRNSMaiden Resource at Stonepark Zinc Project
17th Apr 20187:00 amRNSUK Investor Show 21st April 2018
28th Mar 20187:00 amRNSDrilling Commences at Mine River Gold Project
26th Mar 20187:00 amRNSBusiness Strategic Update
21st Mar 201810:50 amRNSHolding(s) in Company
16th Mar 20182:14 pmRNSInvestor Presentation
15th Mar 20184:23 pmRNSHolding(s) in Company
15th Mar 20189:44 amRNSHolding(s) in Company
9th Mar 20187:00 amRNSDrilling to Commence at the Stonepark Zinc Project
26th Feb 20187:00 amRNSStrategic Financing and Board Restructuring
11th Jan 20187:13 amRNSProspecting Update - Wicklow/Wexford Gold Project
2nd Jan 20182:55 pmRNSHolding(s) in Company
21st Dec 20177:00 amRNSUpdate on Gold Drilling and Field Exploration
16th Nov 20179:52 amRNSGold Drilling to Commence at Mine River
9th Nov 20171:37 pmRNSHolding(s) in Company
9th Nov 20178:52 amRNS14.25g/t gold over 0.5m at Inishowen
27th Oct 20177:00 amRNSDrilling Completed at Inishowen
25th Oct 20172:29 pmRNSHolding(s) in Company
19th Oct 201711:50 amRNSHolding(s) in Company
19th Oct 20177:00 amRNSAcquisition Increases Wicklow Gold Strike Length
17th Oct 201710:14 amRNSReport On Stonepark Zinc Published

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