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Connemara Mining Company Plc
Summary
| Project: | Stonepark | |
|---|---|---|
| Deposit: | Stonepark | |
| Location: | Ireland | |
| Commodities: | Zinc | |
| Date: | 4/17/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-4-2018: Connemara Mining Company Plc announces a Resource Estimation report for its Stonepark deposit at the Stonepark project. Initial mineral resource estimate for Stonepark. Connemara Mining Company plc (LON: CON), the Irish gold and zinc exploratio | |
| Resources: | 5.3Mt @ 8.55% Zn, 2.60% Pb for 990Klbs Zn, 301Klbs Pb contained | |
| CP/QP: | [Resources]: Not stated (CSA Global (UK) Ltd.) | |
| ABSTRACT: | Connemara Mining Company plc (LON: CON), the Irish gold and zinc exploration company, is very pleased to to announce a maiden Inferred Resource Estimate at its Stonepark Zinc Project located in Limerick, Ireland. This independent estimate is NI43-101 compliant and was conducted by CSA Global (UK) Ltd. ("CSA Global"), in collaboration with SLR Consulting Ireland ("SLR"). Connemara's joint venture partner, Group Eleven Resources Corp. ("Group Eleven"), commissioned the work based on drilling conducted by Teck Resources Limited from 2007 to 2011 (Connemara's previous joint venture partner). Patrick Cullen, Chief Executive Officer of Connemara, commented: "This is a very exciting and important milestone for Connemara and for joint venture partner, Group Eleven. The work underlies Stonepark's status as an advanced project and as a key asset to the Company. This maiden Mineral Resource demonstrates attractive grades but is also significant in terms of tonnage."The Stonepark deposit was first discovered in 2007 by Connemara and with Teck and activity has been low in recent years. It has been very encouraging to see the work recommence in earnest with Group Eleven's acquisition of Teck's share. Connemara continue to support the joint venture and look forward to results from the drilling currently underway at Stonepark North."Stone Park Zinc Project The Stonepark Zinc Project is a joint venture between Group Eleven (76.56% interest) and Connemara (23.44% interest). Drilling at Stonepark has recently re-commenced to improve the understanding of the structural controls on mineralisation. Subsequent drilling will be based on results from initial drilling and regional fieldwork. | |
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