From 2005 to December 2007, Belmore Resources carried out successive exploration phases on the Co. Clare Licenses. These included:

Geophysics: An Induced Polarisation programme at Clonloum, Spancil Hill and Kilmurry.

Geochemistry at Clonloum, Spancil Hill, Kilmurray, Pl 3642 and on the Ballyhickey licence. Weak but coherent anomalies at Kilmurray and on Pl 3642 and a number of very strong anomalies at Ballyhickey were identified. Most of licence was covered with soil geochemistry on a 100 x 100m grid and more than 800 samples were taken. These samples were analysed for Cu, Pb, Zn, As, and Mg.

• At Ballyhickey Mine max values of 17,333ppm Zn, 20,135ppm Pb, 1,738ppm Cu and 3,485ppm As were obtained. Some contamination from old mine was evident but the anomaly extends beyond workings.
• At Moyreisk max values of 3,861ppm Zn, 4,734ppm Pb, 101ppm Cu and 360ppm As with no evidence of old workings or contamination.
• At Hazelwood max values of 3,575ppm Zn, 15,402ppm Pb, 827ppm Cu and 1,352 ppm As. The anomalous Hazelwood sites are close to old house but this would not explain high arsenic.
• Other interesting anomalies especially a north-west trending anomaly in the centre of the licence also require further investigation

Drilling at Clonloum, Kilmurray and Ballyhickeywas carried out. Structural complexity was illustrated but no mineralisation was encountered except at Ballyhickey.

Two holes were drilled in the Ballyhickey mine area. These intersected the Ballyhickey vein but more importantly they also tested the base of Reef on the north-east side of the calcite filled vein/fault. This is the same as the concept which led to the discover of the Milltown Deposit. Minor mineralisation and BMB were found in both holes.

One angle hole was drilled to test the Moyreisk anomaly and this also tested the base of Reef. No mineralisation was found

Drilling at Spancil Hill did not locate sulphides.

Drilling at Milltown located trace sulphides but largely confirmed existing limits to mineralisation.