Drilling Report
09 Outubro 2008 - 11:14AM
UK Regulatory
Drilling Report
Glencar Mining plc
Drilling Update
Glencar Mining plc ("Glencar" or "the Company"), the AIM and IEX
listed company with gold exploration interests in Africa, is pleased
to announce that reverse circulation and diamond drilling recommenced
on the Komana East deposit in Mali on 8th October. The initial
programme is designed to extend the known resource which has already
been established over a strike length of 1,600 metres. Geological
mapping and the recently flown, high resolution aeromagnetic survey
have highlighted the significant potential which exists to the north
and south of the already drilled part of the deposit. The results of
this drilling will be announced when assays have been returned from
the laboratory.
RAB/Aircore drilling on the Komana Licence will be commenced early
next week. This programme will test a series of additional, high
priority targets on the Sankarani Shear Zone along strike from the
Komana East deposit.
The independent resource estimate for the Komana Project is currently
being finalized by the consultants SRK Consulting (UK) Limited and it
is expected to be available for publication within the next 2/3
weeks.
For further information please contact:
Glencar Mining plc
Hugh McCullough, Managing Director
Kieran Harrington, Technical Director
Tel: +353 1 661 9974
e-mail: info@glencarmining.ie
Davy Corporate Finance
Brian Corr, Associate Director
Tel: +353 1 679 6363
Bishopsgate Communications
Nick Rome / Fran Read
Tel: +44 20 7562 3350
e-mail: nick@bishopsgatecommunications.com
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