HeadfordClassic Irish-type, carbonate-hosted Zn-Pb mineralization in County Galway, (home to Ireland’s first Pb/Zn discovery at Tynagh) in an area of known 19th century copper and lead mining, with numerous zinc-lead showings and trial workings. The area is structurally and geochemically targeted with an un-drilled 8km zinc-lead soil anomaly coincident with a hangingwall syncline on a east-west structure. Footwall mineralization in prospective horizons adds further interest to the target. To date the area remains one of the least well explored carbonate plays in the country.
Midas initially seeks investment via part sale of the company’s stock.
Midas Mineral Resources is an exploration and development company, focused on Ireland and operating in areas of known base-metal mining, base-metal and gold mineralization or prospectivity contained within forty two mineral exploration licences totaling approximately 1400km2 in the Irish Republic.
The company also has a further twelve licences totaling some 350km2 under application. The Company’s exclusive rights to explore a portfolio of forty-two (42) mineral exploration licences, for gold and base-metals in Ireland make it the third largest licence holder in the country behind New Boliden and Teck Cominco. Midas has made applications for a further twelve (12) licences, including a block on the productive and highly prospective Rathdowney Trend home to the Lisheen and Galmoy Mines. Despite its relatively small size at 70,000 km2, the Republic of Ireland has a notably diverse geology and is prospective for a range of minerals.
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