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Connemara Mining (LON:CON)

Connemara Mining (LON:CON)


Share Price
2.33 p
Change
0.125 (5.68 %)
Market Cap
£2.65 m
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Connemara Mining

Connemara is a diversified exploration company with principal assets in gold and zinc exploration licences across the mining and exploration-friendly jurisdiction of Ireland.  Connemara holds interests in a total of 39 licences, including joint ventures with Teck at the Oldcastle Zinc Project and with Group Eleven Resources at the Stonepark Zinc Project. Connemara is actively exploring and...

EPIC: CON
Market: AIM:CON
52-week High/Low: 5.60p / 1.90p
Sector: General Mining - Zinc, Lead and Tin
Market Cap: 2.65M
Website: www.connemaramc.com

Connemara Mining

www.connemaramc.com

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Big picture - Why invest in Connemara Mining


Connemara Mining Snapshot

Connemara Mining Company Plc (CON:L) is an active explorer that is creating shareholder value by exploring for gold and zinc in Ireland. The company has interests in 39 projects, one with Teck and another with Group Eleven Resources.
Ireland is one of the most prospective countries in the world for zinc and lead (as well as Europe’s largest producer) and has a strong track record in mine development over the past 50 years. Recent developments in the development of a gold mine in Tyrone, Northern Ireland have attracted the interest of major investment. Connemara has had early drilling success across the border in neighbouring Donegal at its Inishowen gold project. Recent drilling results from the Mine River project in Wicklow/Wexford includes 16.1 g/t gold over 2 metres at Tombreen (within a wider interval of 8 metres grading 4.53 g/t gold).

 

Stonepark zinc for more information please click here.

Inishowen gold - for more information please click here.

Wicklow-Wexford Mine River gold - for more information please click here.

Oldcastle zinc - for more information please click here.

Derrykearn zinc - for more information please click here.

Ladyswell - for more information please click here.

Connemara is focussed on zinc and gold exploration in Ireland.  Ireland is one of the most prospective countries in the world for zinc and produces 25% of Europe’s total production.  Ireland has an emerging gold mining industry.  The country is a stable jurisdiction, has a favourable tax regime, a skilled workforce and good infrastructure. It is ranked highly in Europe and globally in terms of mining and exploration investment attractiveness.


Patrick Cullen – Chief Executive Officer
Patrick Cullen is chief executive officer of Connemara Mining and his career in the resources industry spans more than 20 years. During this time he has had experience at various majors including Schlumberger, AngloGold, Placer Dome (now part of Barrick), Anglo American Platinum, and exploration companies such as African Energy Resources (ASX), Montero Mining and Exploration (TSX-V) and Kodal Norway (UK) Ltd. Patrick has leadership and technical experience across a range of commodities and mineralization styles in brownfield and greenfield exploration as well as mining expansion projects. He holds a BSc. from University College Cork (1992), a BSc. (Hons) Geology from the University of Portsmouth (1994) and an MBA from the University of Southern Queensland, Australia (2008).

John Teeling – Non-Executive Chairman
John Teeling is executive chairman of Connemara and has 40 years’ resources experience. Teeling is also involved in a number of other AIM exploration companies and has been a serial entrepreneur in the resource sector having founded African Diamonds and created Pan Andean Resources, Minco, African Gold, Persian Gold and West African Diamonds, all listed on AIM. He is also the founder and a former director of Kenmare Resources, former director of Arcon and holds interests in a number of industrial ventures. Mr. Teeling holds degrees in Economics and Business from University College Dublin, an MBA from Wharton and a Doctorate in Business Administration from Harvard. He lectured for 20 years in business and finance at University College Dublin.

James Finn – Financial Director
James Finn is finance director of Connemara and has over 20 years’ experience in working with exploration companies. Mr. Finn has extensive experience in the administration of oil and gas and minerals companies. He has been responsible for listing several resource sector companies on AIM in London, including two of the first companies ever listed on AIM, Pan Andean Resources and African Gold.  He holds a degree in Management and an Association of Chartered Certified Accountants (ACCA) qualification.

Michael McNeilly – Non-Executive Director
Michael is an experienced public company director and corporate advisor having advised several private, Main Market listed, AIM quoted and NEX listed companies on a variety of corporate transactions during his tenure at Arden Partners (LON:ARDN) and Allenby Capital respectively.  He is the Chief Executive Officer of Metal Tiger plc (LON:MTR) and was also previously a director of Greatland Gold plc (LON:GGP), as well as a Corporate Executive at Coinsilium (NEX:COIN) where he worked with early stage blockchain focussed start-ups. Michael studied Biology at Imperial College London and has BA in Economics from the American University of Paris (2009).

David Cockbill – Non-Executive Director
David Cockbill is an experienced corporate financier and public capital markets executive.  Born in Northern Ireland, he studied accountancy at Manchester University before commencing a 35 year career in the City of London at various leading investment banks as a proprietary trader.  David has been a Financial Conduct Authority (FCA) regulated person, for the last five years, focusing on opportunities within the micro-cap sector and raising capital for public companies in the natural resources and technology sectors.

Gavin Berkenheger – Consultant Geologist
Gavin Berkenheger is Consulting Geologist to Connemara. He is qualified as a Chartered and European Geologist, and has extensive knowledge of Irish and UK mineral deposits.  Has spent the last 11 years exploring for gold and base metal resources in Ireland and Scotland, he aided in the development of the Curraghinalt gold deposit in Northern Ireland and is Managing Director of GreenOre Gold Plc. He holds honours degree in Geology and Petroleum Geology from the University of Aberdeen (2006).

For shareholder information please click here.

Head Office:
Connemara Mining Company
162 Clontarf Road
Dublin D03 F6Y0
Ireland

Telephone: + 353 1 833 2833

Email: [email protected]

Connemara Mining Timeline

RNS
July 30 2018
RNS
July 05 2018

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