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Erris reports excellent results from drilling in Abbeytown

Wed, 24th Oct 2018 11:30

(Sharecast News) - Mineral explorer Erris Resources reported excellent results from its latest drilling programme at the Abbeytown zinc-lead-silver-copper project in County Sligo, Ireland.Erris hit 4.1 metres grading 15.6% zinc and lead combined as well as 90.7 grams per tonne (g/t) gold.Another hole returned a 2.0m intersect grading 15.6% zinc-lead combined, 1.9% copper and 51.5 g/t of gold. A bit further down the same hole, Erris hit 4.5m at 9.14% zinc-lead with 92.9 g/t gold.Drilling also hit a 5m copper-rich intersection grading 4.7% zinc-lead, 1.12% copper and 29.3 g/t gold.Mineralisation has been defined over 250m and remains open to the historic mine workings to the north and open to the south away from this new area of mineralisation.The company also said that new zinc soil anomalies define parallel trends for further targeting with potential to expand the target zone.Erris Resources COO, Aiden Lavelle, said, "Drilling at Abbeytown continues to deliver excellent results. Recent holes have extended the strike of mineralisation under investigation as part of this programme, with some very high-grade intersections of zinc, lead, silver and copper."The additional surface drill holes have further improved our understanding of the controls on mineralisation and expanded the project potential with good continuity of mineralisation demonstrated south of the old Abbeytown mine."It is now planned to test the gap between the underground mine and this recent surface drilling by focused drilling from two underground drill pads to give maximum information on continuity and grade. We look forward to keeping the market updated with our ongoing progress as we advance the project."Erris shares were up 5% to 6.84p by early Wednesday afternoon.
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27 Jun 2019 12:04

Erris seeks new core asset as it makes good progress on existing projects

(Sharecast News) - Mineral exploration company Erris Resources updated the market on its activities for the first half of 2019 on Thursday, as its investors gathered for the annual general meeting.

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5 Apr 2019 08:54

Erris Resources Annual Loss Widens Significantly On Higher Costs

LONDON (Alliance News) - Erris Resources PLC on Friday reported a significant increase in its annual loss due to higher expenses and a big impairment.Erris is a European-focused mineral in

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5 Apr 2019 08:26

Erris Resources reviewing new projects as cash position strong

(Sharecast News) - Erris Resources on Friday told investors that it has a "strong cash position" and is actively seeking new projects that fit its investment model.

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26 Mar 2019 13:35

Erris Resources Excited By Abbeytown Mine After Soil Sampling Results

LONDON (Alliance News) - Erris Resources PLC has found new targets south of its Abbeytown mine in Sligo, Ireland, following soil sampling, the company said Tuesday.The results from 527 soil

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15 Mar 2019 18:27

City Financial Investment Exits Stake In Erris Resources (ALLISS)

LONDON (Alliance News) - Erris Resources PLC said Friday City Financial Investment Co Ltd had exited its stake in the Europe-focused zinc & gold miner.Erris explained it had been on has

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25 Feb 2019 15:35

Erris Resources Drilling At Abbeytown Shows Mineralisation Extension

LONDON (Alliance News) - Erris Resources PLC on Monday said that drilling at its Abbeytown zinc-lead-silver-copper project in north-west Ireland showed extended mineralisation.Underground a

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25 Feb 2019 10:03

Erris Resources extends Abbeytown zinc project

(Sharecast News) - Mineral exploration company Erris Resources has seen drilling at its Abbeytown zinc project in Ireland successfully connect underground and surface mineralisations, expanding the overall size and potential of the system.

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25 Feb 2019 10:03

Erris Resources extends Abbeytown zinc project

(Sharecast News) - Mineral exploration company Erris Resources has seen drilling at its Abbeytown zinc project in Ireland successfully connect underground and surface mineralisations, expanding the overall size and potential of the system.

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30 Jan 2019 11:10

Erris Resources Finds High Grade Mineralisation At Abbeytown

LONDON (Alliance News) - Erris Resources PLC on Wednesday said it has found high grade mineralisation at its Abbeytown multi-commodity project in north-west Ireland.The company reported out

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