Lundin steps up Galmoy drilling activityadmin
Lundin Mining today said that drilling activity in the vicinity of its Galmoy lead-zinc mine in Co Kilkenny increased during the last quarter of 2006 and the first quarter of this year.
The company said six drill rigs are now working in the Galmoy block of licenses, with five of them in the vicinity of the mine.
To date in 2007, it said there have been 53 exploration drill holes completed for a total of 6,556m of drilling.
” Positive results are being returned from this aggressive drill program,” the company said in a statement.
“A recent inclined surface hole sited to the northwest of the CW Orebody intercepted massive zinc sulphide mineralisation from 85.2 to 91.0 m depth (5.2 m true width) grading 21.8pc Zn, 1.5pc Pb. This new occurrence of high-grade mineralisation is open to the south and east for at least 200 metres and is only 300 metres from the nearest mine working.
“Exploration of this area continues with the objective of building an additional resource that can extend the life of the Galmoy mine. Encouraging zinc-lead sulphide mineralization! has also been drill-intercepted in several other locations, all of which are being actively pursued with additional drilling,” it added.
Information from: www.businessworld.ie