Ireland has a rich history of zinc exploration and mining leading to the naming of its own “Irish-Type” of zinc deposit.
Irish-Type zinc deposits are highly sought after by major mine developers due to Ireland’s established mining industry, favourable fiscal regime, and high quality zinc concentrates.
EXPLORATION: WORLD’S MOST PROSPECTIVE ZINC EXPLORATION REGION
- Ireland is ranked first in the world for zinc discovered per km2
- 50 years of exploration has resulted in the discovery of >25 deposits containing +20Mt of zinc metal.
- Majors presently exploring and mining; Boliden, Teck & Glencore.
| Deposit | Year of Discovery | Mt | Grade % Zn+Pb | Status |
|---|---|---|---|---|
| Lisheen | 1990 | 22.8 | 14.10% | Closed Underground |
| Galmoy | 1986 | 9.7 | 16.20% | Closed Underground |
| Silvermines | 1963 | 17.7 | 8.90% | Closed Underground |
| Tynagh | 1961 | 9.2 | 11.20% | Closed Pit / Underground |
| Pallas Green | 2004 | 44 | 8.0% | Resource Definition |
| Navan | 1970 | 112 | 9.8% | Operating Underground |
MINING: A PLACE WHERE ZINC MINES ARE BUILT
- Established mining industry.
- Home to Boliden’s Tara mine; Europe’s largest zinc mine in operation since 1977.
- Lisheen and Galmoy zinc-lead mines now closed due to depleted reserves
- Grid power, roads, railways & ports.
- Modest cost profiles, skilled local workforce.
- Numerous smelters within Europe.
- 25% corporate tax rate on mining operations.
- Royalty: negotiated on a project basis, expected range 1.5% - 3.5% NSR.
Aerial view of Lisheen Mine whilst in production.