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.Â
16-MR-01 intercepted a 30cm quartz vein at 31.11m, grading 3.42g/t Au. Â 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. Â 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. Â 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. Â The trench vein was then intercepted at 23.48m and measured 17cm with a grade of 42.5g/t Au. Â 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. Â 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.