Connemara Mining Reports 0.39 Meters Grading 26.07 g/t Gold

Gold Investing

Connemara Mining Company plc (LSE:CON) released the results of a short-hole drill program at its gold licenses in Ireland. The focus of the program was on gold-bearing veins discovered during a 2015 trenching program.

Connemara Mining Company plc (LSE:CON) released the results of a short-hole drill program at its gold licenses in Ireland. The focus of the program was on gold-bearing veins discovered during a 2015 trenching program.
The third hole (16-MR-03) provided the best intercept at 3.03 meters grading 5.8 g/t gold; that includes 0.65 meters grading 11.31 g/t gold and 0.39 meters grading 26.07 g/t gold.
As quoted in the press release:

The first hole, 16-MR-01, was drilled at a dip of 45 degrees.  The second drill hole, 16-MR-02, steepened to 60 degrees to intercept the vein at depth and determine vein continuity.  The third drill hole, 16-MR-03, was located 100m southwest from 16-MR-01 and 20m back from the trench intercept at 45 degrees dip. 

16-MR-01 intercepted a 30cm quartz vein at 31.11m, grading 3.42g/t Au.  16-MR-02 intercepted the same vein again at 35.77m depth this time 123cm wide and then another vein at 39.60m measuring 68cm.  The first vein peaked at 36-36.2m with 0.69g/t Au and the second vein graded 0.1g/t Au at 39.6-39.8m.  Pyrite bearing mudstone in the hangingwall and footwall of each vein also contained anomalous gold grades up to 0.94g/t.

16-MR-03 located up dip from an anomalous trench, intercepted a 10cm vein at 7.67m grading 27.8g/t Au with an overall intercept of 0.5m at 5.65g/t Au.  The trench vein was then intercepted at 23.48m and measured 17cm with a grade of 42.5g/t Au.  Another vein closely followed at 25.5m measuring 39cm grading 44.8g/t Au in the top 20cm and 6.35g/t Au in the lower 19cm.  An overall intercept of 3.05m at 5.8g/tAu was obtained.

Click here to read the full Connemara Mining Company plc (LSE:CON) press release.

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