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Zinc of Ireland NL
Summary
| Project: | Kildare | |
|---|---|---|
| Deposit: | Celtic Tiger, McGregor | |
| Location: | Ireland | |
| Commodities: | Zinc-Lead | |
| Date: | 11/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-11-2017: Zinc of Ireland NL announces an Exploration/Drilling Update report for its Celtic Tiger, McGregor deposit at the Kildare project. Drilling results incl. 23.95m @ 8.0% Zn+Pb from 166.0m. European base metals explorer Zinc of Ireland NL (ASX: ZMI | |
| Resources: | (Resource, Inf.) 5.2Mt @ 8.6% Zn + Pb at project | |
| CP/QP: | [Overall Report]: Peter van der Borgh (Internal) | |
| ABSTRACT: | European base metals explorer Zinc of Ireland NL (ASX: ZMI – “ZMI” or “the Company”) is pleased to advise that recent diamond drilling at its 100%-owned Kildare MVT Zinc Project in Ireland (Figure 1) has confirmed multiple zones of exceptionally high-grade zinc mineralisation in the shallower regions of the McGregor and newly discovered Celtic Tiger prospects. The highly significant assay results – from recently completed diamond drill holes Z_4069_006 (006), Z_4069_007 (007) and Z_4069_008 (008) – clearly demonstrate the potential for shallower mineralisation at Kildare, transforming the outlook for the Project and significantly upgrading its discovery and growth potential. The reported drill holes each intersected multiple zones of mineralisation relating to faulting, brecciation and veining, including zones of massive sulphide development. The results at Celtic Tiger, which is located ~1km to the west of the main Resource at McGregor, comprise multiple zones of mineralisation between 81.5m and 200m below surface, including 5.45m @ 13.4% Zn+Pb from 130.2m, 2.60m @ 15.2% Zn+Pb from 156.5m, and 8.70m @ 12.6% Zn+Pb from 166.0m. | |
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