Monday, 26 April 2010 08:49
Minerals exploration company, Belmore Resources has confirmed that it is prioritising its short term prospects on its zinc exploration properties in Clare.
Diamond drilling at a site in Quin uncovered zinc and lead deposits and the company entered into an agreement with Lundin Mining Exploration Ltd, in respect of Prospecting Licences that the Company currently holds in Clare. Lundin has a right to earn up to a 70% interest in the Prospecting Licences that Belmore currently holds in Clare by spending up to €14.7 million over a number of years.
Belmore now has a 100% interest in ten prospecting licences covering 360 sq kilometres.
clareherald.com
Above: The Belmore Resources Quin mine site map
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