Stonepark Project
Project location map of the Stonepark Project, County Limerick, Ireland
Prospect and geology map the Stonepark Project, Ireland
The Stonepark Project is adjacent to Glencore’s Pallas Green deposit, which is one of the largest undeveloped zinc projects in the world, with an estimated resource of 44 million tonnes grading 8% combined zinc-lead (based on Glencore’s public disclosure). The Company believes the Pallas Green trend has historically been underexplored and remains poorly understood. In recent times, the trend has been shown to be significantly larger, in terms of mineralization and alteration, than other mineralized trends in Ireland (e.g. Silvermines and Rathdowney). The Company holds the largest license position in the Pallas Green district. The property was previously operated by Teck Ireland Ltd., who conducted 54,767m of drilling between 2007 and 2012.
Exploration opportunities exist at the Stonepark North, Stonepark West and Stonepark prospects where drilling by Teck Ireland Ltd. has intersected encouraging zones of mineralization (see table below). Follow up drilling to trace mineralization back to a controlling structure, as well as, testing regional targets are key priorities. Regionally, the major mineralization controlling structures have not yet been identified on the property. The Company aims to achieve this goal by using with tectono-stratigraphic analysis combined with seismic profiling (which has been attributed to the great success in the 2012 discovery and delineation of the SWEX SE “deeps” zone at Navan).
Exploration opportunities exist at the Stonepark North, Stonepark West and Stonepark prospects where drilling by Teck Ireland Ltd. has intersected encouraging zones of mineralization (see table below). Follow up drilling to trace mineralization back to a controlling structure, as well as, testing regional targets are key priorities. Regionally, the major mineralization controlling structures have not yet been identified on the property. The Company aims to achieve this goal by using with tectono-stratigraphic analysis combined with seismic profiling (which has been attributed to the great success in the 2012 discovery and delineation of the SWEX SE “deeps” zone at Navan).
Summary of key drill intercepts from the Company’s Stonepark Project, Ireland
Note: * m% = ZnEq% multiplied by thickness. ZnEq% is calculated using Zn & Pb values of $1.00/lb and $15.00/oz Ag. All drillholes are vertical and as the mineralized body is more or less flat, interval width is taken as true thickness. Historic drill results have not been verified by a qualified person as the samples forming the basis of such results are not available to the Company and accordingly no quality assurance programs or quality control measures were applied by the Company.
Scientific and technical information in set out in this website has been approved by John Barry, who is a Qualified Person for the purposes of National Instrument 43-101 and who is the Vice President, Exploration Strategy of the Company
