Irish zinc explorer Connemara Mining's drilling in Stonepark in Limerick has found that a zinc deposit located in 2007 stretches over a 2km zone.
“These are very positive results from Stonepark. The Hole 32 intersection has almost everything one would want – high grade, the right type of mineralisation, shallow depth and is located a good distance from the earlier discoveries," said chairman John Teeling.
"The Hole 30 intersection 400 metres away from any previous drilling and 2km away from Hole 32, offers the distinct possibility of a much larger deposit. It is early days but Stonepark is looking good. We will be very active in 2010 and plan to drill 20-30 holes.”
The AIM-listed company said this morning €2 million would be invested by Connemara Mining and operators Teck Resources in drilling a further 30 holes at Stonepark this year, with Connemara Mining contributing €600,000 towards the programme.
Source: Irish Times
No comments:
Post a Comment