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Drilling Update

24 Feb 2011 07:00

RNS Number : 7514B
Connemara Mining Company plc
24 February 2011
 



24th February 2011

 

Connemara Mining Company plc

 

("Connemara" or the "Company")

 

Drilling Begins on Thurles Block

 

The directors of Connemara (AIM:CON) the AIM listed Irish zinc explorer are pleased to announce that drilling has begun on their three-licence Thurles block near the Lisheen zinc mine in Tipperary.

 

The initial programme is 3 x 300 metre holes, the locations of which have been selected after regional and detailed geophysics followed by geological modeling.

 

The initial holes will be drilled on the northern hanging wall of faults along the floors of the Littleton Inlier. The target is a Lisheen type zinc / lead discovery.

 

John Teeling, Chairman, commented:

"Zinc in Ireland is a good story. Our discovery at Stonepark, that of Xstrata / Minco beside us and reported extensions at the Navan and Lisheen zinc mines combine well with strong demand and prices to produce an industry in good health. Our ground in the Thurles area is prospective sharing many of the characteristics of the nearby Lisheen mine. We have reviewed all existing data on the licences and conducted detailed geophysics. As a result we have identified three targets. This is high risk early stage exploration but the potential is good."

 

This announcement has been reviewed and approved by the Company's technical director Graham Reid (P.Geo) in his capacity as the Qualified Person for the purposes of the AIM Guidance Note for Mining, Oil and Gas Companies issued by the London Stock Exchange. Mr Reid is a Member of The Institute of Geologists of Ireland (IGI) and The Society of Exploration Geophysicists (SEG) and has over 30 years experience in mineral and site investigation fields.

 

Enquiries:

Connemara Mining Company Plc

John Teeling, Chairman

+353 (0)1 833 2833

Jim Finn, Financial Director

Smith & Williamson Corporate Finance Limited

Nick Reeve

+44 (0) 117 3762213

Barrie Newton

+44 (0) 117 3762213

College Hill

Nick Elwes

+44 (0) 207 457 2020

 

www.connemaramining.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLLLFIDFAIVFIL
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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