Drilling Update

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
 
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