The Galway Project is located 25km north-west of Galway in western Ireland, in the Neoproterozoic Dalradian Supergroup.

The geology is considered prospective for base metal and gold mineralisation.

Broad scale targets exist north of the Glengowla Mine in the Lakes Marble Formation and at Slievenarusheeny.

The area has received limited exploration with Rio Tinto exploring for two years in the 1980s, Central Mining in the 1970s and more recently Midas Resources.

Midas identified two exploration targets at the Galway Project in 2010, which represent priority targets for testing.

Why Zinc?

Strong Fundamentals

  • Zinc is the LME’s best performer in 2016.

  • LME zinc stockpiles are at 12 year lows, declining for the past four years.

  • Forecast to be a large deficit for the next two years and beyond.

  • Additional 3.0 - 3.5Mt zinc needed for the next 5 years to meet forecast demand and balance current deficit.

READ MORE

EMAIL ALERTS

Signup to receive news and announcements