Ex­cep­tional grades at Kil­dare

The Australian Mining Review - - NEWS: INTERNATIONAL - ELIZ­A­BETH FABRI

PERTH-based ex­plorer Zinc of Ire­land has dis­cov­ered ‘ex­cep­tional’ high-grade, shal­low min­er­al­i­sa­tion at its Kil­dare zinc pro­ject south-west of Dublin, Ire­land.

On 8 Novem­ber, Zinc of Ire­land an­nounced it had in­ter­sected mul­ti­ple zones of high-grade zinc min­er­al­i­sa­tion in the shal­low re­gions of the Celtic Tiger and Mc­Gre­gor prospects.

“Zinc of Ire­land managing director Pe­ter van der Borgh said the re­sults were a “clear game-changer” for the com­pany and the fu­ture of the Kil­dare zinc pro­ject.”

Drilling re­sults in­cluded up to 25 per cent zinc and lead within 200m of sur­face at Celtic Tiger, con­firm­ing po­ten­tial for shal­lower min­er­al­i­sa­tion across the pro­ject.

The com­pany also con­firmed po­ten­tial to up­grade the cur­rent in­ferred resource, which cur­rently stands at 5.2 mil­lion tonnes (mt) at 8.6 per cent com­bined zinc and lead.

Zinc of Ire­land managing director Pe­ter van der Borgh said the re­sults were a “clear game-changer” for the com­pany and the fu­ture of the Kil­dare zinc pro­ject.

“From an ex­plo­ration per­spec­tive, this means cheaper and quicker drilling for shal­lower tar­gets, while the pres­ence of shal­lower, more ac­ces­si­ble min­er­al­i­sa­tion will ob­vi­ously trans­late into im­proved eco­nomics when we un­der­take fu­ture fi­nan­cial mod­el­ling of the pro­ject,” he said.

“It also brings into play more than 4km of sim­i­lar ge­ol­ogy along the West­ern Mar­gin of the Graben, as well as sim­i­lar struc­tural set­tings that we are iden­ti­fy­ing else­where within the pro­ject and be­yond. And then of course there’s proof of con­cept for our ex­plo­ration model, which also has wide­spread ap­pli­ca­tion.”

The com­pany will con­tinue drilling at Celtic Tiger over the com­ing months, with a fur­ther two or three holes sched­uled to be com­pleted be­fore Christ­mas.

An up­dated min­eral re­sources es­ti­mate for Kil­dare and maiden ex­plo­ration tar­get for the Celtic Tiger pro­ject was also planned for Q1 2018.

Image: Zinc of Ire­land.

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