The initial programme will consist of three, 300 metre holes.
The locations of the holes were selected following regional and detailed geophysics and geological modelling.
The 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.
Chairman John Teeling commented: “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.”