|
Belmore Resources has an interest in eleven licenses in Co. Clare, Ireland for a total land package are of 393.83 sq km. Six of these licenses are held by Central Mining Finance (CMF) with whom Belmore entered into a 50% joint venture agreement on the 20th of March 2002. From the start of this joint venture agreement, Belmore has and continues to earn a further interest in these properties by financing all exploration expenditure. The remaining five licenses are held directly by Belmore Resources. The tenure is detailed as follows:
| PL |
Holder |
Area |
Belmore's Interest |
|
PL |
Holder |
Area |
Belmore's Interest |
| 3508 |
CMF |
33.29 sq km |
100% |
|
3640 |
Belmore |
9.86 sq km |
100% |
| 3643 |
CMF |
53.65 sq km |
100% |
|
3641 |
Belmore |
30.22 sq km |
100% |
| 3787 |
CMF |
39.54 sq km |
100% |
|
3642 |
Belmore |
32.94 sq km |
100% |
| 3788 |
CMF |
52.02 sq km |
100% |
|
2590 |
Belmore |
32.18 sq km |
100% |
| 3789 |
CMF |
44.29 sq km |
100% |
|
3679 |
Belmore |
20.88 sq km |
100% |
| 3863 |
CMF |
44.96 sq km |
100% |
|
|
|
|
|
| Total |
|
267.75 sq km |
|
|
Total |
|
126.08 sq km |
|
The location of these of the licenses can be seen from the map or further details of the holdings can be found from the Department of Communications, Energy and Natural Resources' Exploration and Mining Division
|