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Belmore is a minerals exploration company with a focus on projects in Ireland. Currently, priority is being given to the Company's zinc exploration properties in County Clare with the recent discovery of a new mineralised zone. Belmore has 100% interest in eleven prospecting licences in this area, covering 393.83 sq kilometres.
Following an extended period of exploration, in April 2008 the Company discovered a new high grade zinc and lead mineralised zone on its County Clare licences. Results include an intersection of 18 metres of massive sulphide at the base of the Waulsortian Reef. The top part of this massive sulphide consists of virtually barren pyrite but the bottom part contains high-grade zinc and lead sulphides as well as pyrite and arsenopyrite. The interval from 448.1 to 458.1 metres gives the following composite result: 10 metres at 13.84% Zinc, 5.52% Lead and 62.84 gm/tonne Silver. The mineralisation is open in all directions.
Exploration activities on the County Clare Licences are being accelerated following the joint venture agreement with Lundin Mining Exploration Ltd., a wholly owned subsidiary company of Lundin Mining Corporation, a TSX listed mid tier diversified base metals mining company.
The Company also has a 100% interest in two prospecting licences located in Donegal and covering 80.76 sq kilometres.
Belmore is quoted on the PLUS markets in London with the ticker BEL:PZ. The Company was admitted to trade on the PLUS markets (then OFEX market) on the 30th of March 2004 in order to use management's experience and local knowledge to add value to licences held by the company and to seek other prospective properties for exploration in Ireland. At listing, an Offer for Subscription of 5,000,000 new Ordinary Shares at a price of 5p per share was issued. GBP250,000 was raised from this issue which was over-subscribed by some 30%.
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Mr. Mahony is a Dublin based Chartered Accountant, financial consultant and company secretary. He has over 20 years experience in the natural resource sector holding executive positions with Irish companies active internationally. |
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Mr. Forrest has 30 years experience with public companies in the resource sector having dealt with promotion, financing, exploration, production and company management. Notable projects include Gulfstream's North Dome gas discovery, Qatar, Reunion Mining's Scorpion zinc, Namibia, which was subsequently developed by Anglo American and Ocean Diamond Mining which pioneered the independent diamond dredging industry off the west coast of southern Africa.
He is currently a director of several resource companies in the Oil & Gas and mining sectors. |
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Dr. Colthurst has 30 years experience working as a geologist in Ireland. He is familiar with all aspects of Irish geology and geomorphology and has worked in every county in Ireland. During the 1990’s he ran an exploration programme in the East Clare area for Central Mining Finance (a subsidiary of Charter plc.). He now runs the exploration programme for Belmore Resources in the same area.
He is a certified European Geologist, a Professional Geologist and Founder Member of The Institute of Geologists of Ireland. He is also a member of The Irish Association for Economic Geology (IAEG) and a member of The Mining Heritage Trust of Ireland. He has served as the nominee of the Irish Association for Economic Geology on the Royal Irish Academy’s National Committee for Geology.
John is retained as a consultant to Belmore Resources. |
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Company Address:
Belmore Resources (Holdings) plc
103 Rathfarnham Wood
Dublin 14
Ireland
Phone/ Fax: +353 1 4947630
Email:
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Corporate Advisors:
Monisha Varadan
Rivington Street Corporate Finance
3rd Floor
Henry Thomas House
5-11 Worship Street
London
EC2A 2BH
United Kingdom
Tel: +44 (0)20 7562 3373
Website: www.rs-cf.com
PR Consultants:
Nick Rome
Bishopsgate Communications Limited
Henry Thomas House
5-11 Worship Street
London
EC2A 2BH
United Kingdom
Tel: +44 (0)20 75623350
Email:
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Website: www.bishopsgatecommunications.com
Registrar:
Computershare Investor (Services) Ireland Limited
Heron House
Corrig Road
Sandyford Industrial Estate
Dublin 18
Ireland
Phone/ Fax: +353 1 2163100
Website: www.computershare.com |
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About Belmore