Business
Drilling Completed at Inishowen
Drilling Completed at Inishowen.
About this update from Arkle Resources Plc
[{"type":"text","content":"\n \nRNS Number : 7737U Connemara Mining Company plc 27 October 2017 \n\n27th October 2017\n \nConnemara Mining Company plc (\"Connemara\")\n \nDrilling Completed at Inishowen\n \n\n\n\n· Veins Intersected\n· Samples Submitted for Assay\n· Prospecting has Identified four New Targets\n \nConnemara (AIM: CON) is pleased provide an update on exploration activities at its 100%-owned Inishowen Project in Donegal, Ireland. Drilling at the Meeneragh gold target and further sampling at new gold targets has been completed. As planned, a total of two hundred and sixty-two (262) metres were drilled on five (5) drill holes. A total of sixteen (16) metres of drill core have been submitted for assay. A total of twenty-one (21) samples were collected from outcrop and boulders at four new targets. These samples were collected across six (6) of the eleven (11) prospecting licences. Results from assays from both drilling and prospecting are expected mid-November.\n \nJohn Teeling, Chairman, stated \"We have completed the follow-up drilling at the Meeneragh target as planned, we have intersected veins and we look forward to the assay results. The information from the new drilling gives us a better understanding on the nature of mineralisation and its context in relation to geological structures observed in the area. Connemara's geologists have also completed sampling at other targets across the Inishowen Project identified by earlier exploration and the Tellus programme. Our geologists also report that the extreme flooding that occurred in August has unearthed fresh outcrop in many areas which they intend to follow up with a mini-drilling programme. Connemara is the first company to complete exploration drilling for gold in the Inishowen Peninsula, which lies to the west of other exciting projects in the Dalradian rocks of Northern Ireland.\"\n \nMeeneragh Drill Target, Inishowen\nHistorical assays led to selection of this target for initial drilling and it is interpreted to be associated with the interaction of the Glentogher Fault and rocks identified as Dalradian Green Beds which are frequently associated with metal deposits. The in...