Wednesday, 9 June 2010

Connemara Mining appoints Graham Reid as non-exec director

Connemara Mining (LON:CON) has appointed Graham Reid as a new non-executive director with immediate effect. The newly appointed director has worked with the company since 2004 in a consultancy role.

The company noted Reid’s extensive international experience in mineral exploration and site investigation. Reid is also a founder of a contractor to Connemara Mining, B.R.G. (Geotechnics) Ltd, who assist the company in its selection of prospecting licences and its field exploration.

Connemara Mining is an Ireland-based exploration company focused primarily on zinc. In Limerick the company holds sixteen licences through a joint venture with Teck Resources (TSX, NYSE: TCK; formerly Teck Cominco), it has five licences at Lough Sheelin on the Meath/Cavan border, and it has several highly prospective grounds in Thurles, Moate and Nenagh.

In April, Conemara Mining reported high-grade results from drilling at the JV Stonepark zinc project in Limerick. The company said that the results served as another confirmation of the Stonepark North zone as a high grade zinc discovery, with a strike length that now extends over 500 metres.

Drilling at Stonepark has so far defined a flat lying zone of zinc-lead, which is located 2 km (kilometres) north of the original Stonepark discovery and is believed to represent the shallower, up-dip portion of a larger mineralising system.

The company plans another 10,000 metres of diamond drilling on site this year with two drill rigs currently on site.

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