Mining firm announces significant drill results

EXPLORATION company Connemara Mining has announced that the latest drilling results from the Stonepark zinc discovery in Limerick has defined upper and lower zones of zinc-lead mineralisation.

The AIM-listed zinc exploration company said that the upper and lower zones are at depths of approximately 210m and 310m respectively. The majority of high-grade mineralisation discovered to date is in the upper zone.

Connemara Mining chairman John Teeling said: “The Limerick area continues to grow in significance as a potential zinc province. The size, shape and grade of the Stonepark discovery is not yet known so it is important to maintain all of our licences in good standing to allow for an expansion of existing and or new finds. The work is ongoing. One of the holes drilled 10km from Stonepark discovered low-grade zinc and lead in a similar setting to the areas surrounding Stonepark. This opens up a whole new area.”

Exploration is ongoing over 16 licences (160sq km block) in the Limerick region. The focus of work in the second half of 2010 has been to maintain the licences adjacent to Connemara’s Stonepark discovery, and to explore the outer limits of Stonepark.

Plans are now under way for the 2011 drilling programme, which will see up to four or five rigs drilling upwards of 50 holes in the Stonepark area. The drilling programme at Stonepark is a joint venture between Connemara (25%) and Teck Ireland Ltd. (“Teck”) (75%).

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