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MINING COMPANY HOPING TO STRIKE GOLD IN STRANORLAR

written by Rachel McLaughlin November 4, 2013
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Tellus Border Project Gold Map of Donegal - Released October 2013

Tellus Border Project Gold Map of Donegal – Released October 2013

Prospecting licences were today awarded for gold mining in Stranorlar.

The board of Connemara Mining Company plc were awarded ten licences to investigate gold, silver and base metals in a 413km² area of the Stranorlar region. They plan to concentrate on gold.

Conemara’s geologists chose to explore Donegal as reports show that the ground shows certain abnormalities that suggest a presence of gold. The geology of the county also shares similarities Tyrone, where major gold discoveries have occured.

The ‘Tellus Border Project’ last month produced an extensive map showing new areas in Donegal with gold deposits. These findings have given support to Donegal’s gold mining potential.

Connemara Mining Company plc now plan to take geophysical and geochemical samples of the Stranorlar area.

Chairman John Teeling said “The geology of Donegal lies within the highly prospective Dalradian terrane which is also home to the Curraghinalt Gold Deposit in Northern Ireland and the Cononish Mine in Scotland. Traces of gold have been discovered in earlier exploration in Donegal. We were delighted that the Tellus data issued in recent days re-enforces our findings. This is early stage prospecting but the potential is good.”

 

by Rachel McLaughlin

 

 

 

MINING COMPANY HOPING TO STRIKE GOLD IN STRANORLAR was last modified: November 5th, 2013 by Rachel McLaughlin
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Tags:
Connemara Mining Company plcGoldStranorlarTELLUS
Rachel McLaughlin

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