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Zinc of Ireland NL
Summary
| Project: | Kildare | |
|---|---|---|
| Deposit: | Fault Compartment 3 | |
| Location: | Ireland | |
| Commodities: | Zinc-Lead | |
| Date: | 12/5/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-12-2019: Zinc of Ireland NL announces an Exploration/Drilling Update report for its Fault Compartment 3 deposit at the Kildare project. Drilling results incl. 162m @ 1.78% Zn, 0.22% Pb from 302m. Zinc of Ireland NL (ASX: ZMI) (“ZMI” or the “Company”) is | |
| Resources: | (Resource, Total): 9Mt @ 9.5% Zn+Pb at project | |
| CP/QP: | [Overall Report]: David Blaney (BRG Ltd.) | |
| ABSTRACT: | Zinc of Ireland NL (ASX: ZMI) (“ZMI” or the “Company”) is pleased to announce that its diamond drilling has continued to intersect thick zones of zinc mineralisation within Fault Compartment 3 (“FC-3”). FC-3 has been confirmed as a significant mineralised system with each of drill holes HZDD008, HZDD009 and HZDD010 returning broad zones of zinc-lead mineralisation including a number of high-grade zones. This follows from the previous two drill holes in FC -3 (HZDD004 and HZDD005) also intersecting similar zones of zinc and lead mineralisation. ZMI Executive Director, Patrick Corr, commented: “The latest FC-3 drilling, continues to augur very well for the immediate resource growth potential of the Kildare Zinc Project. High-grade zinc-lead mineralisation in FC-3 occurs in the same stratigraphic and structural locations as encountered at McGregor and Shamrock, and there are very thick zones of mineralisation consistent with that seen at McGregor and Shamrock. Volumetrically, FC-3 has the capacity to host significant zinc-lead mineralisation. Perhaps most significantly though, is that FC-3 forms part of a much larger mineralised system, connecting the existing For personal use only McGregor and Shamrock resources which presents a range of exploration and development advantages.” | |
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