AN Irish exploration firm is to begin a 12 week exploration drilling programme on its property in County Limerick this week.
According to the Sunday Independent, the first phase drilling programme by Unicorn Mineral Resources at Kilmallock will follow up on historic high-grade zinc, lead, copper and silver mineralisation discoveries.
The London-listed firm is chaired by Donegal-based car park and toll tag entrepreneur Paddy Doherty and has a number of Irish mining veterans among its team.
Chief executive Richard O’Shea said he was “delighted that we can now commence a drill programme”.
“The property has had some positive results from previous drilling and is located 20 kilometres south of the Pallasgreen project owned by Glencore.
“In addition, drilling by another operator on the Ballywire prospect 10 kilometres to the east of Kilmallock has recently produced some good results which is encouraging for the Limerick Basin in general,” Mr O’Shea said.