Historic Irish mine site gets new mineral resource estimate
Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!IMC Exploration Group said today it completed a mineral resource estimate for the Avoca historic mine site project located in Co. Wicklow, south-east Ireland.
The company said it plans to clean-up the former operation, removing metals from existing mine waste.
Total soil heap grades were measured at 0.14% copper, 0.42% lead, 0.14% zinc and 0.3% gold.
IMC's Chairman, Eamon O'Brien, touted the findings.
"The Mineral Resource Estimate for our spoils and tailings project in Avoca, Co. Wicklow is of great significance. There is further potential to increase the tonnage and grade, not only on this site but also on other spoil heaps within IMCs license areas," said O'Brien. "The scale of this opportunity at Avoca is transformational for IMC and its shareholders."
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.