Wednesday, March 19, 2008

Minco says Limerick dig expanding

Business World today reports that mining group Minco has said the latest results from two holes at the Pallas Green project, a joint venture with Xstrata Zinc, continues to expand the area of mineralization.

The precious and base metals exploration and development company said the results of Hole MN-2529-027 and MN-2529-028 confirm the high grade potential of portions of the Tobermalug prospect.
Terence McKillen, director of exploration and business development said: 'Ongoing drilling is focused on short step-outs to explore this emerging area of high grade mineralization while at the same time continuing with larger step-outs to the south where the main controlling structures are believed to be located. Four drills are currently active in the southern area.'

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