Glencar pinpoints drilling targets

GLENCAR MINING PLC, whose shares have gained most on the Irish stock exchange this year, has identified new targets at a project in Africa that can be drilled for gold.

Glencar is excited by the recent progress on its concessions in Mali and Ghana,” said chief executive Hugh McCullough.

The Dublin-based company has identified a number of targets’ in its Yanfolila project in Mali that may be upgraded to drill status, he said.

Shares of Glencar have advanced 75% this year.