23rd May 2016 07:43
LONDON (Alliance News) - Connemara Mining Co PLC on Monday said the next phase of drilling on its Inishowen licences in Donegal, Ireland will start in the next few days.
Connemara said the new programme will test, repeat and expand the results from previous drilling on the licence.
"This is the next stage in what is turning into an exciting gold exploration project. We have found multiple gold veins, some of good width and carrying good grades. The upcoming drill holes will give us more information on grade, size and continuity over distance," said Chairman John Teeling.
Connemara shares were up 9.8% to 2.74 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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