Drilling for Gold in Inishowen

RNS Number : 2078Q

Connemara Mining Company plc

26 February 2016

 

26^th February 2016

Connemara Mining Company plc ("Connemara")

Drilling for Gold in Inishowen, Donegal

Connemara Mining (AIM: CON) announces the commencement of a preliminary drilling programme on their gold licences in Inishowen, County Donegal.  The drilling programme follows successful results from trenching conducted at the end of 2015, which returned positive results including; 0.80m at 7.95g/t Gold and 1.1m at 1.78g/t Gold.  Four short diamond drill holes will target the positive trenching results at depth and along strike to assess vein continuity and grade.

John Teeling, Chairman, commented "The drilling, which starts today in Donegal is the next step on a long road toward a potential commercial gold discovery.  The journey can stop at any time.  These four holes are to indicate whether the gold bearing rock found in trenching in late 2015 continues at depth and horizontally."

Connemara is a diversified exploration company with principal assets in gold, zinc and lead exploration licences in Ireland.  The company holds interests in 35 licenses covering an area of approximately 1, 350 sq km.

This announcement has been reviewed and approved by Gavin Berkenheger (BSc. Hons) in his capacity as the Qualified Person for the purposes of the AIM Guidance Note for Mining, Oil and Gas Companies issued by the London Stock Exchange. 

Enquiries:

Connemara Mining Company Plc
John Teeling, Chairman	[phone]
Jim Finn, Director
Northland Capital Partners Limited
William Vandyk/Gerry Beaney	[phone]
John Howes/Mark Treharne (Broking)
Dowgate Capital Stockbrokers Limited
Jason Robertson	[phone]
Blytheweigh	[phone]
Tim Blythe	[phone]
Halimah Hussain	[phone]
Camilla Horsfall	[phone]
PSG Plus
Aoife Ross	[phone]
Alan Tyrrell	[phone]

www.connemaramining.com

 

END

 

 

DRLEAKASAEFKEFF