Zinc of Ireland
(ASX:ZMI)
Not only has Zinc of Ireland NL (ASX: ZMI), revealed its maiden JORC Inferred Mineral Resource for the McGregor and Shamrock prospects at its flagship Kildare zinc project, it has already released assay results indicating a likely opportunity to extend the resource further.
ZMI’s 100%-owned Kildare project is 80 kilometres along strike from $1.6 billion Vedanta Ltd.’s (L:VED) Lisheen Mine — Europe’s largest zinc concentrate producer with 22.4 million tonnes grading 11.6% zinc.
ZMI is eyeing off rapid growth in a country that is Europe’s largest zinc producer and proximal to active industrial hubs in nearby regions.
Results from ZMI’s flagship project in Central Ireland confirm the presence of a mineralised fault – a key ingredient in Irish zinc deposits.
ZMI has also secured an option over the 650,000 tonnes per annum Galmoy zinc-lead processing plant, located on 70 kilometres from its Kildare project.
Latest Article
Will ZMI’s Resource Upgrade Give it an Early Mover Valuation Advantage?
Jul 31, 2019
Zinc of Ireland (ASX:ZMI) today released an updated independent Mineral Resource Estimate for the Kildare Zinc Project, with the contained zinc and lead resource inventory increasing to more than 850,000 tonnes.
