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Since 1962 Ireland has been a significant producer of Zinc and Lead. Mine production reached a new high for Ireland during 2003 and the country's three base metal mines at Navan, Lisheen and Galmoy between them produced a total of 419,000 tonnes of zinc in concentrates which represents 41% of European mine production, and 4.6% of world mine production. In terms of prospectivity, Ireland has the highest concentration of zinc deposits discovered per square kilometer of any country in the world.
| Deposit |
Past Production and Reserves |
| Navan deposit: |
>70m tonnes @10% Zn |
| Lisheen deposit: |
13.4m tonnes @ 11.6% Zn and 1.83% Pb |
| Galmoy deposit: |
8.96m tonnes @ 12.7% Zn and 1.8% Pb |
| Silvermines Deposit: |
10.7m tonnes @ 7.36% Zn and 2.7% Pb |
| Tynagh deposit: |
approx.9m tonnes sulphides and oxides |
| Many other smaller deposits |
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The Directors believe that this is an opportune time to invest in natural resources projects by capitalising on the geological, industrial and financial experience of the Company's management team. It is management's decision to focus on exploration in Ireland at this time and, while prospects for any mineral will be considered, priority will be given to the Company's zinc exploration properties in County Clare. |
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Belmore Resources Share Structure
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| Shares outstanding: | 31,390,200 | | Warrants and options outstanding: | 3,333,333* | | Shares fully diluted: | 34,723,533 |
*Exercise price: £0.0375 per share exercisable any time up to June 2011
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Belmore Resources Inc. "Belmore", has taken all reasonable care in producing and publishing information contained on this web site and will endeavor to do so regularly. Material on this site may still contain technical or other inaccuracies, omissions, or typographical errors, for which Belmore assumes no responsibility. Belmore does not warrant or make any representations regarding the use, validity, accuracy, completeness or reliability of any claims, statements or information on this site. Under no circumstances, including, but not limited to, negligence, shall Belmore be liable for any direct, indirect, special, incidental, consequential, or other damages, including but not limited to, loss of programs, loss of data, loss of use of computer of other systems, or loss of profits, whether or not advised of the possibility of damage, arising from your use, or inability to use, the material on this site. The information is not a substitute for independent professional advice before making any investment decisions. Furthermore, you may not modify or reproduce in any form, electronic or otherwise, any information on this site, except for personal use unless you have obtained our express permission.
Plus Markets has not reviewed the information on this web site and does not accept responsibility for the adequacy or accuracy of it.
Forward-Looking Statements
This web site contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Third Party Links
Belmore has provided links from this web site to several other web sites which are arms-length to the Company. The viewer should be aware that in linking to these outside web sites, he or she is leaving the Belmore web site and that Belmore is not responsible for the content of any other site. |
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