Drilling, Inishowen Gold Licences

RNS Number : 1229V

Connemara Mining Company plc

14 April 2016

 

14^th April 2016

Connemara Mining Company plc ("Connemara")

Drilling, Inishowen Gold Licences

Connemara Mining (AIM: CON) would like to announce the silver, lead, zinc  assay results from the short hole drilling programme conducted earlier this year, the gold results from which were announced 07/04/16.  In hole 1 (16-MR-01) at 31.1m, a 0.30m interval returned 9.3g/t silver, 0.34% lead and 1.32% zinc.  Hole 2 (16-MR-02) intersected 0.48m at 29.2g/t Silver, 1.31% Lead and 0.55% Zinc and hole 3 (16-MR-03) returned 0.39m at 9.7g/t Silver, 0.43% lead and 0.86% zinc.  A full list of intervals along with the gold assays can be seen in the table below:

Hole	From	To	Width	Silver	Lead	Zinc
16-MR-01	31.11	31.41	0.30	9.3	0.34	1.32
16-MR-02	36.40	37.00	0.60	4.7	0.11	0.37
16-MR-02	39.80	40.28	0.48	29.2	1.31	0.55
16-MR-03	7.67	7.77	0.10	7.4	0.42	0.93
16-MR-03	23.48	23.65	0.17	4.3	0.04	0.08
16-MR-03	25.50	25.89	0.39	9.7	0.43	0.86

The results at depth are supported by surface sampling results where galena and pyrite bearing quartz boulders in the vicinity of the drill hole locations have returned values up to 70g/t and 46.8g/t silver.  A 10cm quartz galena vein in outcrop a few kilometres to the north returned 572g/t Silver and 19% lead.

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

 

END

 

 

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