Zinc of Ireland NL (ASX: ZMI) – $0.011
12 Dec 2016
Zinc of Ireland NL (ASX: ZMI) has intersected further zinc-lead mineralisation at the McGregor prospect at its 100% owned Kildare Mississippi Valley Type (MVT) Zinc Project in Ireland (Figure 1).
Figure 1. Location of the Kildare MVT Zinc Project in Ireland
- 36.5 metres at 4.05% zinc, 0.47% lead from 4.50 metres
- 6.15 metres at 7.16% zinc, 0.47% lead from 92.15 metres
- 3.10 metres at 10.23% zinc, 0.12% lead from 454.0 metres
The latest results from the McGregor prospect together with the Shamrock prospect within the Kildare MVT Zinc Project reveal the potential to host high grade MVT zinc-lead mineralisation.
The Kildare District is host to numerous MVT zinc-rich breccias with the “Waulsortian Limestone” host rock forming a bed across the region.
The company is currently correlating historical data from Kildare with recent drilling data to refine its exploration strategy.
For further information, visit zincofireland.com
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