by Louise Doyle
GOLD has been discovered at a secret location in Inishowen, it has emerged.
The gold, which has been discovered by Connemara Mining Company, was the result of a short-hole drilling programme on their gold licences in Inishowen. The drill programme focused on gold bearing veins discovered in the 2015 programme.
Three holes were drilled by the Company and gold bearing veins were discovered in each of the three holes. The initial drill results have confirmed the presence of significant grades of gold in a multi-vein system within the Dalradian rocks of Inishowen. Drilling targeted the veins at depth and along strike to assess continuity and grade. A total of 121m was drilled.
The setting is believed to be mesothermal, similar to that at Curraghinalt, County Tyrone, where a multi-million ounce gold deposit has been reported.
Speaking to the Donegal News, John Teeling, Chairman of Connemara Mining Company, said the discovery was “very promising”, adding he believed there was “without a doubt” a gold bearing vein system in the Inishowen area.
He said: “The drill results reported today, though early stage, are very promising. Multiple gold bearing veins have been intersected with one stretching over three metres at a gold grade of 5.8 grams per tonne. The discovery is similar to the Dalradian gold resource across the border in County Tyrone. Further drilling is necessary.”
Full story in tomorrow’s Donegal News