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Connemara Mining Company Plc
Summary
| Project: | Wicklow-Wexford Mine River | |
|---|---|---|
| Deposit: | Tombreen, Gibbet Hill | |
| Location: | Ireland | |
| Commodities: | Gold | |
| Date: | 1/11/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-1-2018: Connemara Mining Company Plc announces an Exploration/Drilling Update report for its Tombreen, Gibbet Hill deposit at the Wicklow-Wexford Mine River project. Drilling results incl. 8.0m @ 4.53g/t Au from 74.0m. Connemara (AIM: CON) is pleased a | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gavin Berkenheger (Not stated) | |
| ABSTRACT: | Connemara (AIM: CON) is pleased announce results at its 100%-owned Mine River gold project located in Wicklow and Wexford, south east Ireland. Three holes were drilled in December, one at the Tombreen target and two at Gibbet Hill. Assay results confirm 8 metres grading 4.53 g/t gold (Au) at Tombreen, including a 2 metre intersection grading 16.1 g/t Au. Mineralisation ranging from 0.17 g/t Au to 0.25 g/t Au over several intersections was confirmed in one of the holes at Gibbet Hill. In addition, prospecting activities have confirmed significant mineralisation in the area around Gibbet Hill, with surface samples reporting grades as high as 5.08 g/t Au. John Teeling, Chairman, stated "This is a very strong result from the Tombreen hole. An 8 metre intersection at 4.5 g/t gold would be very satisfactory but 2 metres of 16.1 g/t gold within that is truly exciting. Tombreen is a known gold area but this is better than anything previously reported. The results at Gibbet Hill, 5km to the south are encouraging. We knew the vein system extends through the ground, the good rock samples demonstrate the presence of gold, as does the low gold grades discovered in hole 1. It suggests more drilling to find the veins. We will now focus our work on the Tombreen, Knocknalour, Gibbet Hill area." The 8m intersection from 74m grading at 4.53 g/t Au at Tombreen (17-TB-01) has demonstrated substantial mineralised thicknesses. The best reported historical intersection at Tombreen was 50cm grading at 21.28 g/t Au from 70.7m (2558-3). The new intersection includes 2m from 78m at 16.1 g/t. | |
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