Business
Irish Zinc Portfolio Update
Irish Zinc Portfolio Update.
About this update from Zinnwald Lithium Plc
[{"type":"text","content":"\n \nRNS Number : 5823F Erris Resources PLC 22 February 2018 \n\nErris Resources plc / EPIC: ERIS.L / Market: AIM / Sector: Mining\n22 February 2018\nErris Resources plc\n(\"Erris Resources\" or the \"Company\")\nStart of Drilling at Abbeytown and new Galway Project, Ireland\n \nErris Resources plc, the European focused mineral exploration company with a portfolio of zinc prospects in Ireland and gold projects in Sweden, is pleased to provide an update on its operations in Ireland. At the 100% owned Abbeytown project in County Sligo, Erris Resources has completed in-fill soil geochemistry surveys and started drilling at the Skreen prospect. Drilling at Skreen is part of a programme to test high priority zinc targets in the Abbeytown district. \nAdditionally, Erris Resources has applied for eighteen new contiguous prospecting licences in an area east of Galway, County Galway (the \"Galway Project\"). The licence application covers 673km2, located in an unexplored setting analogue to and approximately 40km west of the Tynagh deposit.\nHighlights\n● 292 infill soil geochemistry samples taken at Skreen, Lugawarry and Streamstown\n● Phase One 5,000m drill programme started at Skreen to test high priority Zn targets\n● 18 new licence applications made over the new Galway Project area\nErris Resources CEO, Merlin Marr-Johnson, said, \"We are pleased to report that drilling has started at Skreen, the westernmost target at the Abbeytown zinc project. As part of this Phase 1 5,000m drill programme, Erris Resources will drill approximately 1,500m at Skreen as it hosts a number of high priority targets within the Abbeytown district. \nWe have also expanded our land position in Ireland through an application for eighteen licences covering 673km2 which make up the new Galway Project. The licence application covers a prospective block of the southwestern continuation of the Carboniferous zinc trend of the Irish Midlands that has been opened up by the release of new data generated by the Government funded Tellus geophysical survey. We have used this new data and integrated it with our inhouse data to identify potential new targets. This type of new project generation is in line with our stated objective to identify low-cost opportunities that have the p...