Exploring Ireland’s Rich Potential
July 2013
Disclaimer
This presentation does not constitute or form part of any offer for sale or solicitation of any offer to buy or subscribe for any
securities in Connemara Mining Co plc nor shall it or any part of it form the basis of, or be relied on in connection with, or act as
any inducement to enter into, any contract or commitment whatsoever. No reliance may be placed for any purpose whatsoever on
the information or opinions contained in this presentation or on any other document or oral statement or on the completeness,
accuracy or fairness of any such information and/or opinions. No undertaking, representation, warranty or other assurance,
express or implied, is made or given by or on behalf of Connemara Mining Co plc or any of their respective directors, employees
or advisers, as to the accuracy or completeness of the information or opinions contained in this presentation, and (save in the case
of fraud) no responsibility or liability is accepted by any of them for any such information or opinions or for any errors, omissions,
misstatements, negligence or otherwise contained or referred to in this presentation. The contents of this presentation have not
been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000.
This presentation does not constitute an offer to the public as referred to in section 85 of the Financial Services and Markets Act
2000 (as amended) of the United Kingdom and accordingly has not been nor will it be approved by any competent authority in the
United Kingdom. This presentation is not a prospectus within the meaning of the Prospectus (Directive 2003/71/EC) Regulations
2005 of Ireland and therefore has not been approved by the Irish Financial Services Regulatory Authorities being the competent
authority for the purposes of Directive 2003/71/EC in Ireland. This presentation is not an offering document for the purposes of
section 49 of the Investment Funds, Companies and Miscellaneous Provisions Act 2005 of Ireland.
This Presentation has been prepared by the Directors of Connemara Mining Co plc and is being issued solely to and directed at
persons who have professional experience in matters relating to investments falling within Article 19(1)(a) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended the "FPO") or (b) high net worth entities and other
persons to whom the presentation may otherwise lawfully be communicated, falling within Article 49(1)(a) of the FPO (all such
persons together being referred to as "Relevant Persons"). In consideration of the receipt of the presentation each recipient
warrants and represents that he or it is a person falling within that description. Delivery of this information to any other person or
reproduction, in whole or in part, without the prior consent of Connemara Mining Co plc is prohibited.
This information is being supplied to you, in whole or in part, for information purposes only and not for any other purpose. In
particular, the distribution of this document in jurisdictions other than United Kingdom or Ireland may be restricted by law and
persons into whose domain this document comes should inform themselves about, and observe, any such restrictions. Any failure
to comply with these restrictions may constitute a violation of laws of any such other jurisdictions.
2
Company Snapshot
Share Price – 1 Year
 Connemara Mining is actively exploring
on 24 licences in Ireland
 Focus on zinc and gold
 Connemara has on-going Joint Ventures
with Teck (2) and Hendrick Resources
Corporate Information
 Exchanges
 Ticker
 Shares in Issue
 Market Cap
 Shareprice
AIM (LSE)
CON
35,739,711
£1.88 m
5.25p
Significant Shareholders
James Michael Finn
11.28
John James Teeling
11.25
Statestreet Nominees
Limited
9.96
Trampus Limited
6.79
Jack Teeling
4.7
Emma Teeling
3.36
Stephen Teeling
3.36
3
Executive Team: Experienced and Successful
 John Teeling
Executive Chairman
40 years experience in mineral exploration. Established Connemara in 2004. Is chairman of a
number of AIM resource companies
 Jim Finn
Director
20 years resource company experience. Holds qualifications in finance and accounting. A
director of a number of resource and industrial ventures. Has led the listing procedure for ten
AIM companies.
 Vivian Byrne
Non-Executive Director
Technical Director of SLR Consulting Ireland, 40 years experience of the international minerals
industry, former senior executive European exploration RTZ. Consultant to European and World
Bank programmes in Africa, Caribbean and the Pacific
 Graham Reid Technical Director
Graham Reid is a geologist with over 30 years experience including extensive international
experience in mineral exploration and site investigation fields. Graham is a founder of B.R.G.
(Geotechnics) Ltd, a junior exploration company, to whom the Company has contracted its
selection of prospecting licences and its field exploration
4
Company Strategy
Refine our exploration to
better understand our
assets and move closer to
realising asset value
Utilise our existing
geological data to costeffectively expand our
mining portfolio in Ireland
Shareholder
Value
Enter into Joint Ventures
with partners to explore
and develop our mining
portfolio
Utilise the management
team’s considerable
network and experience to
identify and realise value in
Ireland and abroad
5
Zinc
 Primarily used to galvanise thin sheet metal to
protect against corrosion, particularly for the
construction & automotive industries
 Extensive use in die casting parts for a wide
variety of uses including white goods and
automotive
 Consumption growing at 4% pa due to
increasing demand from Brazil, Russia, India,
and China.
Zinc in Ireland
Ireland is the most prospective country in the
world for zinc
Ireland produces 25% of Western Europe’s zinc
The Boliden/Tara mine is the largest zinc mine in
Europe and 6th largest in the world.
The Vedanta mine at Lisheen is in the top 12
worldwide
 Current prices are profitable for Irish zinc
Over 20 international firms are exploring in
Ireland
 Sluggish supply towards the middle of the
Three significant discoveries have been made in
the last few years:
producers.
decade with the closure of several large mines.
Almost 1 million tons of supply expected to be
lost to the system.
 Very little exploration in the last 30 years and
mines are running out.
Teck/Connemara, at Stonepark in Limerick
Xstrata, Limerick – bought out junior partner,
Minco for $19.4m in 2011
Lundin Mining, Clare – high grade results
6
Gold
 Fundamentals look good. Uncertainty stimulates demand
 Growing uses in jewellery and electronics
 Gold was mined in Ireland over 1000 years ago
 In 1796 a Gold Rush in Avoca with estimated 9000oz Au extracted
 Recently there has been a revival
— Galantas operating a small mine near Omagh, County Tyrone
— Dalradian have a 2.7m oz deposit in Tyrone, can proceed with underground
development without Environmental Statement
— Conroy has extensive low grade mineralisation on the border region
— Significant discoveries in the Wicklow/Wexford area by 3 companies but nothing
commercial to date.
 The principals of Connemara have been involved in gold exploration since the
1980’s
7
Licence Summary
Block
Licences
Resource
Latest News
Limerick – Joint
venture with Teck.
6
Zinc & Lead
Teck review completed
3000m of drilling to end
2012.
Oldcastle – Teck
committed to spending
€1.35 m to earn 75%
5
Zinc & Lead
Joint venture with Teck.
Significant exploration
programme planned for
2013. Possible drilling in
Q4.
Wicklow/Wexford Block
(JV with Hendrick
Resources who must
spend €1 m to earn 75%)
5
Gold
Positive results from
Airborne Geophysics &
soil sampling have been
detailed & extended.
Follow up is being
planned
Thurles
3
Zinc & Lead
Licence extensions to
2014.
Newcastle West
5
Zinc & Lead
Joint Venture partners
sought.
8
Licence Summary
9
Joint Venture Agreements

Connemara has two Joint Ventures with Teck
– Canada’s largest diversified resource company
– Third biggest producer of zinc in the world

JV in Limerick; Teck have spent €5.7m, Connemara €1.7m. Teck control
76.2%. Connemara have the option to dilute by not subscribing
 JV in Oldcastle, Teck spending €1.35 m to earn a 75% interest

Joint Venture with Hendrick Resources, a private Canadian gold
company
 JV exploring five licences held on Wicklow/Wexford border – 130km2.
Hendrick is earning a 50% interest in the licences for €500,000, rising
to 75% for €1 million
10
Limerick Area: Teck JV: Zinc/Lead on Stonepark/Monaster




Comprises of six connecting licences in County
Limerick
23.8% owned by the Company, 76.2% owned
by Teck Ireland Ltd. €7.4m spent to date
Located 5km away from the Xstrata Pallas
Green zinc discovery
Three significant zones of zinc mineralisation
(Appendix 1 and 2) all of which remain open:
–
–
–




The Stonepark Discovery
Stonepark (discovered 2007)
Stonepark North – High Grade (2009)
Stonepark West (2011)
Principal issue for Teck is whether there is 30m
mineable tonnes at sufficient grade
Xstrata is completing a pre-feasibility study on
Pallas Green. They need more ore.
Connemara will not participate in the 2013
budget so will own 23.5% by end of 2013
Teck focus moved to north Irish midlands
Key:
11
2012 Limerick Status
Large hydrothermal
breccia system (6x14km)
with multiple zones of
Zinc and Lead
mineralization
Untested area in Limerick Syncline –
depth to target >1500m.
12
Hydrothermal breccias and 35% Zn+Pb over 2.0 m,
remains open to the northwest – still largely untested
Deep hole
failed to
reach top of
target
horizon
12
Oldcastle Block – Joint Venture with Teck: Zinc/Lead
13
Oldcastle Block – Target Area







Geologically and structurally analogous
to the setting of the >100 Mt Navan
deposit just 30 km to the east
Offers the prospect of large tonnage –
like Tara
Consists of 5 licences covering 130 sq
kms
An 11 hole drilling programme carried
out by Connemara in 2008 proved up
extensive low grade Zn/Pb
mineralisation related to significant NESW striking mineralising faults at
Drumlerry
Teck has completed a seismic and
virtual drilling programme with targets
currently being evaluated
Drilling could to commence by Q4 2013
Teck must spend €1.35 m to earn a 75%
interest.
Oldcastle Block
Target Area
14
Oldcastle Block – Reflection Seismics
Seismics
Reflection
Lines 2013
15
Wicklow/Wexford: JV Hendrick Resources: Gold








Five prospective licences obtained in this
area which has a long gold history
Recent high grade discoveries by IMC on
adjacent ground
Extensive database from previous
exploration held by Connemara and
others
Gold has previously been discovered at
Tombreen and Knocknalour with grades
of up to 18.6g/t
An airborne magnetics survey has
revealed a number of hotspots
Recent soil sampling producing positive
results
Detailed target follow-up to possibly to
include deep overburden
sampling/trenching/detailed IP
No cost to Connemara as Hendrick is
spending €1m to earn a 75% interest
Mine River Block
16
Wicklow/Wexford: Magnetics & DTM
Total Field Magnetics– Airborne 2012
Digital Terrain Model – Airborne 2012
Tombreen
Knocknalour
Caim
17
Wicklow/Wexford: Highlights
Mineralised Highlights
Title
Zone
Description
Caim Mine
Mined intermittently from 1815 to 1846. Mined an estimated
Pb, Ag
Knocknalour
2245 tons Pb + associated Ag. Minor Au in recent drilling
Geochem, trenching, Drilling - 7 Holes. Best Results:
Au
Tombreen
2554-1 (18.89g/t Au over 0.3m), 2554-2 (19.9g/t Au over 0.4m)
Geochem, trenching, Drilling - 6 Holes. Best Results:
Au
Mine River
TBD-1 (11.65g/t Au over 0.4m), 2558-3 (18.4g/t Au over 0.5m)
Geochem, trenching, Drilling - 3 Holes. Best Results:
Au
Boley
2552/2 (0.28g/t Au over 1.75m)
Geochem Prospecting/Drilling - 1 Hole. Best Results:
Au
Primrose Hill
Float Qtz 8g/t Au. 12-2551-4 (354g/t Au over 1.5m)
Geochem Pionjar - Best Results:
Au
Kilrush
Float 4.8g/t Au, DOB 127ppb Au
Bedrock Gold- Best Results:
Au
Killoughrum
4 g/t Au in qtz veined chloritic schist
Geochem Float - Best Results:
Au
Ballinstraw
Float phyllite 500ppb Au
Geochem Stream/soil - Best Results:
Au
Gibbet Hill
950ppb Au in Stream pan concentrate, 17ppb in DOB
CM
KR
TN
MR
BY
PL
KH
KM
BW
GH
Soil at over 480ppb Au
Au
18
Wicklow/Wexford: Tombreen & Knocknalour
Tombreen Detail
Knocknalour Detail
19
Wicklow/Wexford: Tombreen & Knocknalour
Best Trench Results
Knocknalour Detail
20
Wicklow/Wexford: Tombreen & Knocknalour
Tombreen Trench 1
Knocknalour Trench 1
21
Thurles Block: Zinc

Licences were chosen for their
proximity to the Lisheen Zinc Mine
–





(22.79Mt, 12.04% zinc / 2.05% lead)
And the Galmoy Mine
–

Thurles Block
(9.9Mt, 12.8% zinc / 1.3% lead).
Similar host lithologies to both
mines, interesting regional structural
trends and relatively sparsely
explored nature
Target blocks were chosen from
available geological/geochemical and
geophysical databases
4 drill holes completed for a total of
1200m (Red dots)
No mineralisation encountered but
positive structural indicators
Licence extension obtained
Target Blocks
22
Newcastle West Block: Zinc/Lead
 Teck returned this 10 licence
block to Connemara in Q4 2012
 Located approx. 20km
southeast of Stonepark area
 14 drill holes completed
totalling 3228 metres (Red
stars)
 Intercepts from on-trend
mineralisation include:
Newcastle West Block
– 5.3m grading 9.6% Zn, 2.1 %Pb
– 4.5m grading 12.3% Zn, 1.6% Pb
 Connemara has identified 5
high potential areas on the
block
 5 Eastern licences surrendered
in April
23
Newcastle West Block: Sole Venture: Target Areas
24
Newcastle West Block: Sole Venture: Targets
Area A
On the northern side of a major ENE trending linear that extends from the Kilmeedy inlier and stops
against NW-SE trending gravity ridge – a possible fault offset. Much of this zone is untested by recent
geochemical soil sampling, so this could also be extended. There are relatively high Zn soil values in
the northern part of this area.
Area B
This area is on the eastern side of NW-SE trending gravity linear, with a weaker ENE linear to the
south. High Pb soil values in the area.
Area C
This is an area of elevated Zn soil values and lies to the east of a NW-SE trending gravity linear.
Area D
This area lies to the east of a NW-SE trending gravity and topographical linear. There is minor
brecciation in the target testing drillholes on PL1943 to the west, which would be worth
lithogeochemical sampling.
Area E
A weak NW-SE trending magnetic linear to the west of this area, with high magnetic intrusives to the
east frame this area. This is also on a NNW trending high gravity ridge and with generally high Pb*Zn
values.
Area F
This area lies on the northern edge of a ENE trending gravity high, and generally high Cu/Pb/Zn soil
values.
25
Appendices
Appendix 1: Stonepark Intersections
Hole ID
From (m)
To (m)
Thickness (m)
zinc (%)
lead (%)
TC-2638-103
264.15
268
3.85
5.35
1.38
265.35
289
252
1.2
13
7.2
12.41
0.14
6.37
4.66
0.04
2.17
Including:
TC-2638-103
TC-2638-100
TC-2638-099
264.15
276
244.8
Including:
TC-2638-099
TC-2638-095
TC-2638-091
244.8
248.8
381.2
247.47
250.8
383.6
2.67
2
2.4
10.88
11.62
4.47
4.03
0.49
0.21
TC-2638-0863
382.5
385
2.5
4.16
4.37
TC-2638-074
220
Including:
224.45
273
260.3
290
292.7
Including:
310.85
195
Including:
196.75
209.4
Including:
212.8
228.65
8.65
7.72
2.19
227.3
276.1
262
288
315.15
2.85
3.1
1.7
2
22.45
17.41
1.92
3.01
1.09
1.24
3.98
0.56
0.09
0.01
0.07
312.25
199.9
1.4
4.9
8.05
10.57
0.17
3.05
199.5
216.25
2.75
6.85
16.47
10.47
5.26
3.68
215.55
2.75
19.76
6.99
TC-2638-074
TC-2638-064
TC-2638-071
TC-2638-064
TC-2638-60
TC-2638-055
TC-2638-053
TC-2638-053
27
Appendix 1: Stonepark Intersections – continued
Hole ID
TC-2638-051
TC-2638-051
TC-2638-045
TC-2638-045
TC-2638-038
TC-2638-036
TC-2638-032
TC-2638-032
TC-3638-026
TC-2638-017
TC-2638-016
TC-2638-016
TC-2638-016
TC-2638-016
TC-2638-008
TC-2638-008
TC-2638-007
TC-2638-007
TC-2638-006
TC-2638-004
TC-2638-004
TC-2638-004
From (m)
221.4
Including:
224.05
209.1
Including:
211.85
251.4
202.7
207.6
Including:
214.05
216.05
327.45
348.25
Including:
349.05
354.2
360.9
550.1
Including:
556.2
394.85
Including:
394.85
460.7
372.75
376.1
Including:
378.95
To (m)
228.95
Thickness (m)
7.55
zinc (%)
4.88
lead (%)
1.49
225.05
216.55
1
7.45
21.9
19.24
7.26
8.52
216.1
253.2
208.05
215.4
4.25
1.8
5.35
7.8
26.64
5.65
13.22
5.18
12.3
0.91
3.18
2.68
215.4
223.35
328.45
361.9
1.35
7.2
0.95
13.65
10.4
13.07
27.69
2.23
2.16
2.23
12
0.12
350.5
357.5
361.9
557.45
1.45
3.3
1
6.5
4.35
4.29
4.92
5.02
0.24
0.14
0.01
1.17
557.45
410.2
1.1
14.9
16.19
3.25
3.07
0.33
397.7
461.15
374.05
380.1
2.8
0.45
1.3
4
12.18
2.26
6.85
11.62
0.75
1.54
0.3
3.46
380.1
1.15
28.61
4.17
28
Appendix 2: Stonepark Discovery History – 2007
10Mt @ 12% Zn+Pb
TC-2638-004 – 4m @ 11.62% Zn
& 3.46% Pb from 376.1m
29
Appendix 2: Stonepark Discovery History – 2008
14Mt @ 12% Zn+Pb
TC-2638-012 – 0.95m @ 2.37% Zn
& 4.73% Pb from 203.15m
TC-2638-007 – 14.9m @ 3.25% Zn & 0.33% Pb from 394.85m
Incl. 2.8m @ 12.18% Zn & 0.75% Pb
TC-2638-008 – 6.5m @ 5.02% Zn & 1.17% Zn from 550.1m
30
Appendix 2: Stonepark Discovery History – 2009
17Mt @ 10.2% Zn+Pb
TC-2638-026 – 7.2m @ 13.07% Zn & 2.23% Pb from 216.05m
TC-2638-032 – 7.8m @ 5.18% Zn & 2.68% Zn from 207.6m
31
Appendix 2: Stonepark Discovery History – 2010
TC-2638-036 – 5.35m @ 13.22% Zn & 3.18% Pb from 202.7m
TC-2638-045 – 7.45m @ 19.24% Zn & 8.52% Zn from 209.1m
24Mt @ 9.2% Zn+Pb
TC-2638-053 – 6.85m @ 10.47% Zn
& 3.68% Pb from 209.4m
32
Appendix 2: Stonepark Discovery History – 2011
TC-2638-099– 7.2m @ 6.37% Zn % 2.17% Pb from 244.8m
19Mt @ 10.3% Zn+Pb
TC-2927-009–
0.62m @ 7.01%
Zn & 0.82% Pb
from 246.5m
?
TC-2638-074– 8.45m @ 7.72% Zn & 2.19% Pb
from 220m
TC-2927-008–
1m @ 1.49% Zn
from 468m
TC-2927-004– 0.59m @ 1.39% Zn
33 From 401.16m
33
33
Appendix 2: 2011/2012 Stonepark Status
Large hydrothermal
breccia system (6x14km)
with multiple zones of
Zinc and Lead
mineralization
Untested area in Limerick Syncline
– depth to target ~1000m
34
34
35
Contact Details
WWW.CONNEMARAMINING.COM
INFO@CONNEMARAMINING.COM
T: +353 1 833 2833