THE Irish exploration company Connemara Mining has revealed it struck a high-grade zinc-lead deposit with the first drill hole of its 2009 drilling programme in Limerick.
The company said the drill hole, which is, located 1.5km northwest of an earlier discovery at Stonepark could represent a new and potentially higher-grade mineralisation zone.
The drilling programme is being operated by Teck Ireland, a subsidiary of Canadian mining company Teck Resources. Connemara Mining is funding 25% of the drilling programme.
John Teeling, chairman of Connemara Mining, said, “This is a very positive result. The discovery has almost everything one would want – high grade, the right type of mineralisation, shallow depth and is located a good distance from the earlier discovery”.
