Irish mineral exploration company, Connemara Mining, reported further encouraging results from the Stonepark discovery in Limerick, Ireland. Connemara released assay results from two additional drill holes completed, which confirmed the mineralised zone extends at least 300 metres. The mineralised zone is still open to the south and north.
Drill hole 2638-16 returned 13.65 metres at 2.23% zinc and 0.12% lead from 348.25 metres, which included three higher grade zones. Drill hole 2638-17 cut 1 metre at 27.69% zinc and 12% lead from 327.45 metres.
The Stonepark property is part of an ongoing joint venture with Canadian mining heavyweight, Teck Cominco (TSX: TCK), who are earning a 75% interest by expending C$3 million over four years.
"Again, I am pleased to report high quality zinc/lead results from two additional holes at our Stonepark discovery. The high grade mineralised zone has now been traced for 300 metres and remains open.
This very early stage exploration has been consistently successful. We know we have found something - the ongoing drilling and assaying are designed to fully define and value what we are dealing with,” summarised Connemara Mining’s Chairman, John Teeling.
Connemara and Teck Cominco have now drilled thirteen holes; four holes have returned high grade intersections, three holes low grade/minor zinc mineralisation, and another four holes returned “well developed black matrix breccia with trace mineralisation”.
Drill testing of a number of new regional targets and IP geophysical surveys are also ongoing on the Monaster licence block to the south.