Connemara Mining seeks new development partners

Connemara Mining, the John Teeling-chaired mineral prospector, has opened talks with potential joint-venture partners regarding two of its remaining solely owned ventures in Leinster.

Connemara already has joint-venture agreements in place on a number of assets around the country with Canadian resources companies Teck and Hendrick. It is looking to move on the development of two solely owned zinc-focused ventures in Laois and Kilkenny, which it sees as having potential. It is actively seeking a development partner for both.

“We are working on the Derrykearn block of five licences and the Rapla licence in the same area. A full and detailed review of all historical data has been completed and has thrown up interesting possibilities. We have had initial discussions with potential partners and will have more,” Connemara said in its interim statement yesterday.