Projects

Armagh-Monaghan Gold Targets

Three major exploration targets lie within the Armagh-Monaghan Gold Targets, Clontibret and Glenish in Co. Monaghan, and Clay Lake in Co. Armagh. All lie within separate fault blocks in the Armagh-Monaghan Gold Targets area. Several other smaller targets have also been identified along the same trend, while other fault blocks remain untested.

The Armagh-Monaghan Gold Targets that have been defined by the company extend over an area cover twenty kilometres by three kilometres. Conroy’s regional exploration model suggests that mineralisation within the Armagh-Monaghan Gold Targets is influenced by the presence of the Orlock Bridge Fault, with cross faulting breaking up the belt into a number of discrete fault blocks. Gold mineralisation is hosted in a series of transform fault structures that are perpendicular to the main fault systems.

The Armagh-Monaghan Gold Targets (soil sampling anomalies) in detail showing the 3 major targets (Clontibret Target, Clay Lake Target and Glenish Target), and individual prospects. The Area of Resource Estimates (Tullybuck-Lisglassan, Clontibret) is indicated.

News Release 29th of July 2010
SUCCESSFUL RESULT FROM FIRST DRILL HOLE ON STEP OUT DRILLING PROGRAMME AT CLAY LAKE GOLD TARGET

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Appointment of XCAP Securities Limited as Broker
27th of July, 2010

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Golder Appointment
8th of July, 2010

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NOTIFICATION OF MAJOR INTEREST IN SHARES
26th of May, 2010

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