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first_imgThe darker areas shows where there could be gold in the hills of Donegal.A major Irish company is convinced it could find gold in the hills of Donegal.Samples suggest that there could be a considerable amount of the valuable metal in our hills.Connemara Mining has now announced that it has acquired five new prospecting licences covering 187 sq km on the Innisowen peninsula in Donegal. The company’s geologists believe that the area is a chance of making a high grade gold find in the region – and that there is also the potential for other base metal deposits to be discovered.Tellus boarder survey – darker shades indicate areas where gold is more likely to be foundThe release of the the most recent Tellus geochemical field survey data confirmed the presence of elevated gold in the area – rock samples containing up to 104g/t gold were identified in 2011 by a previous licence holder.After studying the available data 16 target areas have been identified by Connemara. The company’s chairman, John Teeling says that the company is taking an “aggressive stance” in targeting Ireland’s next gold discovery.He adds, “It is worth noting that the new licence block is located within the Scottish-Irish Gold Belt along trend from the discovery by Dalradian Gold where they have recently announced an inferred gold resource of 3.5 million ounces.” GOLD RUSH! COMPANY TAKES OUT FIVE MINING LICENSES FOR DONEGAL HILLS was last modified: April 14th, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:CONNEMARAdonegalGoldInishowenMININGlast_img read more