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Longford Resources continues high-grade zinc streak at Keel

Published: 14:26 18 Aug 2017 AEST

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Ireland has a long history of mining operations

Longford Resources Ltd (ASX:LFR) has once again delivered high-rade zinc results from diamond drilling at the Keel Zinc Project, located in the Midlands region of Ireland.

The Irish Midlands ranks first globally in terms of zinc deposits discovered relative to land area.

In total results have been received from five holes, all of which returned high-grade zinc.

Best results for the last three holes include: 4.5 metres at 18.27% lead+zinc and 58.53g/t silver from 145.5 metres; 4 metres at 12.3% lead+zinc and 9.2g/t silver from 172 metres; and 1 metre at 12.10% lead+zinc and 36.6g/t silver from 150.5 metres.

These results were supported by broader intersections such as: 80 metres at 3.1% lead+zinc and 30g/t silver from 102 metres.

Two rigs are spinning onsite and a further seven holes planned, with the program to cover 3000 metres in total.

Scott Mison, interim chief executive officer, commented:

"These positive drilling results, in addition to the zinc price being at a 10 year high, positions the project for significant value potential."

Additional exploration

Other exploration currently underway includes orientation of soil sampling for Ionic Leach soil geochemistry.

Adding to this is the interpretation of the recently completed gravity survey over the main Keel structure to assist with refining the ongoing drilling program, and regional and prospect scale structural interpretation to identify further areas of exploration interest.

Keel Zinc Project

Longford has an option to acquire an 80% interest in the Keel Zinc Project, which covers 66 square kilometres over low use farmland.

Ireland has a long history of mining operations, is one of the largest exporters of zinc concentrate to European smelters and ranks ninth globally in the Fraser Institute survey for exploration.

The Keel Inlier is a large structure in the Irish Midlands, which has a reputation for being some of best zinc ground in the world.

The region is highly prospective, with six other base metal prospects and deposits located within 40 kilometres of Keel.

Europe’s largest zinc mine, Tara, where over 85 million tonnes of ore has been extracted is located 90 kilometres away in the same geological formation.

The structure is over 25 kilometres long, with a 10-kilometre strike length sitting within the Keel project area.

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