Ireland has a rich history of zinc exploration and mining leading to the naming of its own “Irish-Type” of zinc deposit.
Irish-Type zinc deposits are highly sought after by major mine developers due to Ireland’s established mining industry, favourable fiscal regime, and high quality zinc concentrates.
EXPLORATION: WORLD’S MOST PROSPECTIVE ZINC EXPLORATION REGION
- Ireland is ranked first in the world for zinc discovered per km2
- 50 years of exploration has resulted in the discovery of >25 deposits containing +20Mt of zinc metal.
- Majors presently exploring and mining; Boliden, Teck & Glencore.
|Deposit||Year of Discovery||Mt||Grade % Zn+Pb||Status|
|Tynagh||1961||9.2||11.20%||Closed Pit / Underground|
|Pallas Green||2004||44||8.0%||Resource Definition|
MINING: A PLACE WHERE ZINC MINES ARE BUILT
- Established mining industry.
- Home to Boliden’s Tara mine; Europe’s largest zinc mine in operation since 1977.
- Lisheen and Galmoy zinc-lead mines now closed due to depleted reserves
- Grid power, roads, railways & ports.
- Modest cost profiles, skilled local workforce.
- Numerous smelters within Europe.
- 25% corporate tax rate on mining operations.
- Royalty: negotiated on a project basis, expected range 1.5% - 3.5% NSR.
Aerial view of Lisheen Mine whilst in production.