Ormonde to step up test drilling

Ormonde Mining intends to step up test drilling in its Zamora gold prospect in Spain after encountering positive results work…

Ormonde Mining intends to step up test drilling in its Zamora gold prospect in Spain after encountering positive results work on the “Facho” structure that forms part of its interest there.

Drilling found 12m with grades of 3.4 grammes of gold per tonne, with an overall interval of 30m with grades of 1.6 grammes per tonne. In addition, it found 10m grades of 2.1 grammes per tonne.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective