Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (44621)	10/6/2009 10:32:10 PM
From: LoneClone	Read Replies (1) \| Respond to of 196350

Explorer finds zinc deposits-by accident Tuesday, October 06 14:05:47 businessworld.ie Zinc in commercial quantities may have been found in the border area of counties Monaghan and Armagh . by accident. Irish exploration company Conroy Diamonds and Gold says it initially kept coming across zinc ore in the area as it was prospecting for gold. It says it made three such finds of zinc during its hunt for the precious metal. Further tests have now shown, however, that the three zinc finds are actually part of one large field. And the company now says the zinc field may be commercial in its own right. The company, led by Professor Richard Conroy, has formed its view by sampling locations between the three zinc discoveries. In a statement today it says that "infill sampling" has resulted in three separate zinc-in-soil anomalies merging into a single, extensive anomaly covering an area of more than 8 square km2 (4km by 2km). The anomalies are located just a few kilometres to the south-east of the company's one million ounce gold discovery at Clontibret in Co. Monaghan, and to the south of the large gold anomaly recently discovered at Clay Lake in Co. Armagh. Professor Conroy said: "While we remain focused on delineation and development of the Clontibret gold target, the latest sampling results increase the possibility that we have also made a significant zinc discovery nearby. "The merging of three previously discovered zinc anomalies into a very large single target, sample values substantially higher than typical background and historic base metal mining in the region, all indicate that the area has significant upside potential."