Dalradian begins drilling for gold at Omagh asset

Canadian gold prospector Dalradian Resources has commenced drilling work at its Curraghinalt Gold Project near Omagh, Co Tyrone, with the company expecting to be in a position to provide an updated mineral resource estimate during the third quarter of this year.

The company began its fully-funded Can$30 million (€22m) work programme at the site during the second half of last year and said yesterday that the programme is “progressing well” towards completion by the end of this year.

The Canadian company’s news follows on from Dublin firm Conroy Gold and Natural Resources saying, earlier this week, that it has found more gold at its Clontibret, Co Monaghan site (where it plans to launch Ireland’s first commercial gold mine in 2017) and that the mine could yield $150m worth of gold over its lifetime.