AIM-listed exploration company Connemara Mining told shareholders today that the recent rise in zinc prices was encouraging for exploration underway in this country.
Chairman John Teeling told shareholders that three recent zinc discoveries “with excellent exploration results” had been found by a number of companies.
He said drilling was due to start at Limerick - where Teck Cominco is the operator and holder of a 75 per cent interest - later this month.
All resolutions were passed at the meeting.
