Inishowen Second Phase Drill Programme Begins

RNS Number : 9307Y

Connemara Mining Company plc

23 May 2016

 

23^rd May 2016

Connemara Mining Company plc ("Connemara")

Inishowen Second Phase Drill Programme Begins

The board of Connemara Mining (AIM: CON) are pleased to announce that the next phase of drilling will begin in the coming days on our Inishowen licences in Donegal.  The programme is to test, repeat and expand the results from earlier drilling which included a result of 5.8 grams per ton gold over 3.05 metres (16-MR-03).  This second phase programme of 4 holes of 250 metres each will be spaced at 100 metres apart.  Holes will be drilled at 45 degree angle aiming to intersect all off the veins discovered to date. 

Work to date has indicated at least 7 stacked veins over a distance of 270 metres.  The first two holes will test these findings.  The second two holes will step out 100 metres along strike to test the continuity of vein size and grade.

John Teeling, chairman, commented "This is the next stage in what is turning into an exciting gold exploration project.  We have found multiple gold veins, some of good width and carrying good grades.  The upcoming drill holes will give us more information on grade, size and continuity over distance."

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
Dowgate Capital Stockbrokers Limited
Jason Robertson	[phone]
Blytheweigh	[phone]
Tim Blythe	[phone]
Camilla Horsfall	[phone]
PSG Plus
Colm Heatley	[phone]
Alan Tyrrell	[phone]

www.connemaramining.com

 

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