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Still holding strong... news coming frequently as well...
Looks like a breakout move is underway...
Lots of news in November...
http://finance.yahoo.com/q/h?s=IRLD.OB
And that i-Box is finally complete! Hopefully, others will find it to be helpful.
Just enough folks lobbyied to get this listed at stockcharts.com and it is in their system... I will now commence makin' a real i-Box.
Second Successful Pilot Scale Leach Test Completed by Ireland Inc.
Approval Received for Expanded 2009 Drill Program
Press Release
Source: Ireland Inc.
On Wednesday September 16, 2009, 8:29 am EDT
Buzz up! 0 Print.Companies:Ireland, Inc.
HENDERSON, Nev.--(BUSINESS WIRE)--Ireland Inc. (OTCBB: IRLD - News), a minerals exploration and development company focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States, today announced that it has received the results of another series of pilot and bench scale leach tests completed on samples taken from Ireland’s Columbus Project, located in Esmeralda County, Nevada. The pilot scale (2,000 lbs) and bench scale (5.5 lbs) leach tests indicate extraction results of precious minerals that are consistent with previous pilot and bench scale tests. The pilot and bench scale tests are being used to define and refine the extraction process for the Columbus Project.
Pilot Scale Test Results in 83% Metal-in-Hand Extraction of Precious Metals
The pilot and bench scale leach tests were conducted by independent consultants AuRIC Metallurgical Laboratories LLC of Salt Lake City, Utah. The materials tested were taken from Zone B of Ireland’s Columbus Project. The sample was delivered to AuRIC by independent consultants McEwen Geological LLC of Arvada, Colorado, under chain-of-custody standards.
The pilot scale leach test was conducted on 2,000 pounds of material extracted from the Zone B of Ireland’s Columbus Project. The bulk material assayed 0.070 ounces per ton (“opt”) gold (Au) and 0.302 opt silver (Ag), or 0.074 opt Au Equivalent (AuE). The pilot scale leach test extracted 0.066 opt Au and 0.181 opt Ag, or 0.068 opt AuE into solution. The precious metals were then collected on activated carbon and processed to produce Au and Ag bullion for a net extraction of 0.060 opt Au and 0.168 opt Ag, or 0.062 opt AuE. This represents leach extraction of 91.9% of AuE into solution and 83.8% of AuE recovered as metal-in-hand. Ireland will continue to refine the process to optimize precious metal extraction rates.
“We are very pleased with the results of the most recent pilot scale test,” stated Douglas D. G. Birnie, Chief Executive Officer of Ireland. “An 83% recovery of the gold and silver as metal-in-hand represents an excellent result. Although we may not expect this level of recovery on all of the project’s material, the tests results represent another significant step in our efforts to achieve consistent extraction rates using our direct leach process. We will continue to refine our extraction process as we approach the completion of our prefeasibility program.”
This pilot scale test followed a series of successful bench scale tests used to define the leaching process. All processed material was sample assayed using a caustic fusion fire assay technique to determine the material head grade. The pilot and bench scale test results were as follows:
Pilot and Bench Scale Test Results1
Parameter Test Size
(lbs)
Head Grade
(opt AuE)
AuE Recovered
into Solution (opt)
% Recovered into Solution AuE Recovered as Metal(opt) % Recovered as Metal
Zone A – Permitted Mine Area 1,738 0.062 0.053 85.9% 0.043 69.6%
Zone B – S1B Composite 5.5 0.041 0.037 89.9% n/a n/a
Zone B – S9B Composite 5.5 0.074 0.066 89.8% n/a n/a
Zone B – S12B Composite 5.5 0.057 0.046 81.3% n/a n/a
Zone B – S12B Composite 5.5 0.057 0.054 94.0% n/a n/a
Zone B – S9B 5.5 0.074 0.055 74.7% n/a n/a
Zone B – S9B 1.8 0.074 0.058 78.7% n/a n/a
Zone B – S9B 2,000 0.074 0.068 92.4% 0.062 84.1%
The pilot and bench scale tests are being used to assist Ireland in defining and refining its proposed extraction process for the Columbus Project. As a result, the leaching chemicals and procedures used in the above tests, although similar, were not identical. Ireland will continue to make minor adjustments to its leach extraction procedures in an effort to optimize recovery.
Approval for Expanded 2009 Drill Program Received
Ireland also announced that it received approval from the Bureau of Land Management to expand by 28-holes its previously authorized 30-hole drill program at Ireland’s Columbus Project.
The total drill program will now consist of a series of 58 holes drilled to depths ranging from 200 feet to 400 feet below the surface. The objective of the program is to determine the three-dimensional extent and economic potential of the gold mineralization that lies between the previously identified Zone A and Zone B of the Columbus Project and to conduct exploratory drilling to the south of Zone B.
“The Bureau of Land Management approval of the extension of our 2009 drill program allows us to evaluate mineralization across a larger expanse of the Columbus Project,” noted Birnie. “This represents another step forward for our technical program, which is focused on determining the total potential gold mineralization and economic feasibility of the Columbus Project. Drilling has already commenced on this new phase of the program.”
About Ireland Inc.
Based in Henderson, Nevada, Ireland Inc. is a minerals exploration and development company focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States.
In 2007, Ireland acquired rights to two mining properties, both of which are prospective for gold and other minerals. In early 2008, Ireland completed the acquisition of the Columbus Project located near Tonopah, NV, where it has an option to acquire an additional 22,640 acres of adjacent mineral claims. Ireland also owns rights to acquire up to 100% of the Red Mountain Project in San Bernardino County, California.
Forward-Looking Statements
This document may include statements that constitute “forward-looking” statements, usually containing the words “believe”, “estimate”, “project”, “expect”, or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, Ireland’s limited operating history, future trends in mineral prices, the availability of capital, geological or mechanical difficulties affecting Ireland’s planned geological work programs, and uncertainties surrounding estimates of mineralized material. There is no assurance that the test results reported in this document are indicative of extraction rates throughout the Columbus Project. Additional exploration work is required before proved or probable mineral reserves can be established. There is no assurance that the results of Ireland’s pre-feasibility program will result in a decision to enter into commercial production. Ireland undertakes no obligation to update the forward looking statements in this document.
1 Test results using a chemical leach process that will not be used in production have been omitted.
Contact:
Bibicoff + MacInnis, Inc.Terri MacInnis, Dir. of Investor Relations 818-379-8500 818-379-8500terri@bibimac.comorRJ Falkner & Company, Inc.Jerry Falkner 800-377-9893 800-377-9893info@rjfalkner.com
Ireland Inc. Launches Investor Relations Campaign
Bibicoff + MacInnis to Guide Investor and Investment Banking Communications
Press Release
Source: Ireland Inc.
On Monday September 14, 2009, 8:31 am EDT
Buzz up! 0 Print
Companies:Ireland, Inc.
HENDERSON, Nev.--(BUSINESS WIRE)--Ireland Inc. (OTCBB: IRLD), a minerals exploration and development company focused on the extraction of precious metals from mineral deposits in the Southwestern United States, today announced that it has engaged Bibicoff + MacInnis, Inc. to increase investment community awareness of the Company. A full service investor relations and strategic planning firm, Bibicoff + MacInnis will initially concentrate on developing and implementing communications strategies and programs specifically targeting the retail brokerage, institutional and investment banking communities. At the same time, these communications will help existing investors remain fully informed.
Related Quotes
Symbol Price Change
IRLD.OB 0.40 0.00
{"s" : "irld.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""} Harvey Bibicoff, President and CEO of Bibicoff + MacInnis, stated, "The early work and first results of Ireland’s 2008 drilling program on its Columbus Project identified a surface minable area containing approx. 200 million tons of material with an average sample grade of 0.041 oz/per ton Au Equivalent. When we do the math, even valuing gold at a discounted $800 per oz., we see a very substantial, unrealized opportunity waiting to be recognized by the investment community.
“We expect that as Ireland continues to expand its drilling program and advance its technical program (to determine the overall gold and silver resources and economic feasibility of the Columbus Project) it will then demonstrate commercial feasibility through its pilot plant operation and begin limited extraction of gold and silver. Ireland will use a low-cost, environmentally friendly extraction method to recover the precious metals. The Company will then be well on its way toward its goal of completing the necessary documentation of its resources and reserves and to ultimately build and run a full production mining operation over the next several years.”
Douglas D.G. Birnie, CEO of Ireland Inc., said, "Now that our 2009 58-hole drill program to further define and expand our precious metal resources is well underway, we believe this is the right time to step up our existing investor relations outreach efforts. We look forward to reporting the first results of that drilling program shortly. We then expect to report ongoing drill-hole results approximately every 30 days.
“We view the engagement of Bibicoff + MacInnis as an important step as we seek to broaden our shareholder base and increase liquidity in our Company’s stock. As our drilling program expands and our prefeasibility program continues to mature, we welcome the Bibicoff + MacInnis organization as a valuable asset to help guide Ireland’s activities in the investment banking and investor communications arenas.”
About Ireland Inc.
Ireland Inc. www.irelandminerals.com is a minerals exploration and development company headquartered in Henderson, Nevada, that is focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States.
Ireland acquired rights to two mining properties which are prospective for gold and other minerals. The Company’s current principal project, the Columbus Project, has 19,680 acres located near Tonopah, NV, with Ireland having the right to acquire an additional 22,640 acres of adjacent mineral claims. Ireland also owns rights to acquire up to 100% of the Red Mountain Project in San Bernardino County, California.
This document may include statements that constitute “forward-looking” statements, usually containing the words “believe”, “estimate”, “project”, “expect”, or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, Ireland’s limited operating history, future trends in mineral prices, the availability of capital, geological or mechanical difficulties affecting Ireland’s planned geological work programs, and uncertainties surrounding estimates of mineralized material. There is no assurance that the test results reported in this document are indicative of extraction rates throughout the Columbus Project. Additional exploration work is required before proved or probable mineral reserves can be established. There is no assurance that the results of Ireland’s pre-feasibility program will result in a decision to enter into commercial production. Ireland undertakes no obligation to update the forward looking statements in this document.
Contact:
Bibicoff + MacInnis, Inc.Terri MacInnis, Dir. of Investor Relations 818-379-8500 818-379-8500terri@bibimac.com
We need to get this listed at stockcharts.com
Ireland Inc. Receives BLM Approval for 2009 Drill Program
Jun 3, 2009 8:30:00 AM
Email Story Discuss on ZenoBank
View Additional Profiles30-HOLE DRILL PROGRAM TO EXPAND DEFINITION OF PRECIOUS METAL RESOURCES IN COLUMBUS BASIN
HENDERSON, Nev., June 3 /PRNewswire-FirstCall/ -- Ireland Inc. (OTC Bulletin Board: IRLD) ("Ireland") ("the Company"), a minerals exploration and development company focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States, today announced that it has received approval from the Bureau of Land Management ("BLM") to conduct a 30-hole drill program on the Company's Columbus Project.
The drill program will consist of a series of 30 holes drilled to depths ranging from 200 feet to 400 feet below the surface. The objective of the drilling is to expand the gold and silver resources beyond the Zone A and Zone B deposits and to provide greater definition to these resources.
"We are very pleased that the Bureau of Land Management has approved our 2009 drill program, which will define the precious metal resources adjoining the 1,580-acres of potentially surface mineable material identified by our 2008 drill program," stated Douglas Birnie, Chief Executive Officer of Ireland Inc. "This represents an important step in the progression of our technical program, which is focused on determining the overall gold and silver resources and economic feasibility of the Columbus Project. We expect to commence drilling immediately."
"This next phase of our drilling program follows the completion of 39 holes drilled within Zone A and Zone B in 2008," continued Birnie. "We expect to release assay results as drilling progresses throughout the 2009 drill campaign. With the completion of this phase of our program, we expect to have significantly expanded and improved the definition of the gold and silver resources throughout the Area of Interest within the Columbus Basin".
About Ireland Inc.
Ireland Inc. is a minerals exploration and development company that is focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States.
In 2007, Ireland acquired rights to two mining properties, both of which are prospective for gold and other minerals. In early 2008, Ireland completed the acquisition of the Columbus Project located near Tonopah, NV, where it has an option to acquire an additional 22,640 acres of adjacent mineral claims. Ireland also owns rights to acquire up to 100% of the Red Mountain Project in San Bernardino County, California.
Ireland Inc. is headquartered in Henderson, Nevada, and its common stock trades on the OTC Bulletin Board under the symbol "IRLD".
Forward-Looking Statement
This document may include statements that constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, Ireland's limited operating history, future trends in mineral prices, the availability of capital, geological or mechanical difficulties affecting Ireland's planned geological work programs, and uncertainties surrounding estimates of mineralized material. There is no assurance that the test results reported in this document are indicative of extraction rates throughout the Columbus Project. Additional exploration work is required before proved or probable mineral reserves can be established. There is no assurance that the results of Ireland's pre-feasibility program will result in a decision to enter into commercial production. Ireland undertakes no obligation to update the forward looking statements in this document.
For Additional Information, Contact:
Douglas Birnie, CEO at (702) 932-0353
info@irelandminerals.com
www.irelandminerals.com
2441 West Horizon Ridge Parkway, Suite #100
Henderson, NV, 89052
or
RJ Falkner & Company, Inc.
Investor Relations Counsel at
(800) 377-9893 or via email at info@rjfalkner.com
SOURCE Ireland Inc.
----------------------------------------------
Douglas Birnie
CEO of Ireland Inc.
+1-702-932-0353
info@irelandminerals.com; or Investor Relations Counsel of RJ Falkner & Company
Inc.
1-800-377-9893
info@rjfalkner.com
for Ireland Inc.
Successful Bench Scale Leach Tests Completed by Ireland Inc.
May 26, 2009 8:30:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesHENDERSON, Nev., May 26 /PRNewswire-FirstCall/ -- Ireland Inc. (OTC Bulletin Board: IRLD) ("Ireland") ("the Company"), a minerals exploration and development company focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States, today announced that it has completed leach tests on composite drill samples taken from Zone B of the Company's Columbus Project located in Esmeralda County, Nevada. The results of these bench scale (5.5 lbs) leach tests are consistent with the results obtained by the Company from a bulk scale (1,738 lbs) leach test conducted on materials extracted from the Zone A - Permitted Mine Area in the first quarter of 2009.
Zone B Leach Test Results Consistent with Zone A - Permitted Mine Area Leach Test Results
The Zone B bench scale leach tests were conducted by independent consultants AuRIC Metallurgical Laboratories LLC of Salt Lake City, Utah ("AuRIC"). The materials tested were composited from previously submitted and analyzed drill samples taken during the Company's 2008 drill program. All of the drill samples from the 2008 drill program were delivered to AuRIC by independent consultants McEwen Geological LLC of Arvada, Colorado under chain-of-custody standards.
Composite samples were taken from three holes in Zone B representing drilled depths of 100 feet, 50 feet and 50 feet, respectively. AuRIC created a 5.5-pound (2,500 grams) composite for each of the three mineralized intervals tested. Each composite sample was then assayed using a caustic fusion technique to determine the composite sample head grade. Each composite sample was then leached and the results reported were from the extracted precious metals. The testing and assaying methodology used was the same as the methodology used by AuRIC when conducting a 1,738-pound bulk leach test on materials extracted from the Zone A - Permitted Mine Area of the Columbus Project in the first quarter of 2009.
The extraction results for the bench scale leach tests conducted for Zone B are consistent with the Zone A - Permitted Mine Area bulk scale leach test results. The leach results indicate the consistency of mineralogy between the Zone A - Permitted Mine Area and Zone B sites. The Zone A - Permitted Mine Area is located 3 miles North of Zone B.
Zone B - Drill Hole Sample Composite Results
Bench Drill Interval Au Equivalent(1) % Recovered Au Equivalent
Scale Hole (ft) Head Grade into Solution Recovered into
Test (opt) Solution (opt)
3359C S1B 40' to 140' 0.041 91.0% 0.037
3360C S9B 0' to 50' 0.074 90.0% 0.066
3362C S12B 0' to 50' 0.057 80.6% 0.046
(1) Au equivalent calculated using: $900/oz Au, $12/oz Ag
The bulk leach test conducted by AuRIC in March 2009 on 1,738 pounds of material extracted from the Zone A - Permitted Mine Area returned a head grade of 0.062 opt Au equivalent. The material was then leached, resulting in the extraction of 0.053 opt Au equivalent into solution. This represents leach extraction of 86.6% Au equivalent of the assayed head grade into solution. Ireland believes that the potentially surface mineable material found in the newly identified areas within Zone A and Zone B is similar to the material processed with the bulk leach test taken from the Zone A - Permitted Mine Area.
"We are very pleased with the results of these bench scale tests," stated Douglas Birnie, Chief Executive Officer of Ireland. "The tests results represent another positive step in our efforts to show similar mineralogy throughout the basin through consistent extraction rates using our direct leach process. The results also continue to support our belief that the 'Area of Interest' we have identified within the Columbus Project is geologically homogeneous. We will continue to conduct additional bench and bulk scale tests on the identified mineralized intervals from our 2008 Drill Program and on the material within the Zone A - Permitted Mine Area."
About Ireland Inc.
Ireland Inc. is a minerals exploration and development company that is focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States.
In 2007, Ireland acquired rights to two mining properties, both of which are prospective for gold and other minerals. In early 2008, Ireland completed the acquisition of the Columbus Project located near Tonopah, NV, where it has an option to acquire an additional 22,640 acres of adjacent mineral claims. Ireland also owns rights to acquire up to 100% of the Red Mountain Project in San Bernardino County, California.
Ireland Inc. is headquartered in Henderson, Nevada, and its common stock trades on the OTC Bulletin Board under the symbol "IRLD".
Forward-Looking Statements
This document may include statements that constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, Ireland's limited operating history, future trends in mineral prices, the availability of capital, geological or mechanical difficulties affecting Ireland's planned geological work programs, and uncertainties surrounding estimates of mineralized material. There is no assurance that the test results reported in this document are indicative of extraction rates throughout the Columbus Project. Additional exploration work is required before proved or probable mineral reserves can be established. There is no assurance that the results of Ireland's pre-feasibility program will result in a decision to enter into commercial production. Ireland undertakes no obligation to update the forward looking statements in this document.
For Additional Information, Contact:
Douglas Birnie, CEO at (702) 932-0353
info@irelandminerals.com
www.irelandminerals.com
2441 West Horizon Ridge Parkway, Suite #100
Henderson, NV, 89052
or
RJ Falkner & Company, Inc.
Investor Relations Counsel at
(800) 377-9893 or via email at info@rjfalkner.com
SOURCE Ireland Inc.
----------------------------------------------
Douglas Birnie
CEO of Ireland Inc.
+1-702-932-0353
info@irelandminerals.com; or RJ Falkner & Company
Inc.
Investor Relations Counsel
+1-800-377-9893
info@rjfalkner.com
Nice green close. Hey Futures Jackal, have you been to the WHY BUY board yet?
You should go over and write up a dd compilation post about this.
http://investorshub.advfn.com/boards/board.aspx?board_id=13166
That way everyone can get an email alert on it.
For those not already on the email list, click here.
http://investorshub.advfn.com/boards/chairmail_sub.asp?board_id=13166
Woo hoo!!! Nice piece of news... and did you see who did the work... Rob McEwen's company... NICE!!!
Further Expansion of Gold Discovery at Columbus Project Reported By Ireland Inc.
May 4, 2009 8:30:00 AM
Email Story Discuss on ZenoBank
View Additional ProfilesHENDERSON, Nev., May 4 /PRNewswire-FirstCall/ -- Ireland Inc. (OTC Bulletin Board: IRLD) ("Ireland") ("the Company"), a minerals exploration and development company focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States, today announced that additional assay results from its 2008 drill program have indicated that Ireland has discovered new mineralized zones adjacent to its production permitted "Zone A", expanding the size of the previous gold discovery at the Columbus Project located in Esmeralda County, Nevada.
Drilling Program Indicates Significant Mineralization within Expanded Zone A
Ireland has received assay results from independent consultants McEwen Geological LLC of Arvada, Colorado ("McEwen") on samples taken from 25 contiguous holes that were drilled adjacent to the Company's production permitted mineralized area (Zone A). The drill samples were analyzed using a caustic fusion technique, and the results reported were from the extracted precious metals. The assay results from these additional holes have led the Company to expand the area known as Zone A from 380 acres to 2,530 acres. The weight mean average grade for the mineralized intercepts identified in the 25 holes drilled approximates 0.047 opt Au equivalent (see table below). Ireland has segmented Zone A into three subsections: Zone A - Permitted Mine Area; Zone A - West (holes S1A-S2A, S8A-S11A); and Zone A - Central (holes S5A-S7A, S14A-S17A).
Zone A - Drill Results
Hole Depth Mineralized Thickness Au (opt) Ag (opt) Au (opt)(3)
ID(1) Drilled Interval(2) (ft) Equivalent
(ft) (ft)
S1A 195' 50' to 150' 100' 0.038 0.132 0.039
S2A 202' 10' to 40' 30' 0.032 0.134 0.034
60' to 100' 40' 0.031 0.132 0.031
160' to 202' 42' 0.049 0.209 0.052
S3A 201' 100' to 140' 40' 0.027 0.094 0.028
S4A 404' 250' to 404' 154' 0.037 0.166 0.039
S5A 201' 0' to 70' 70' 0.033 0.112 0.034
160' to 201' 41' 0.036 0.111 0.038
S6A 200' 0' to 60' 60' 0.037 0.18 0.035
120' to 170' 50' 0.045 0.332 0.049
S7A 400' 0' to 20' 20' 0.052 0.409 0.057
130' to 170' 40' 0.038 0.299 0.042
240' to 400' 160' 0.027 0.152 0.029
S8A 201' 0' to 201' 201' 0.049 0.238 0.052
S9A 404' 50' to 404' 354' 0.062 0.302 0.066
S10A 181' 0' to 20' 20' 0.046 0.214 0.049
110' to 170' 60' 0.05 0.382 0.055
S11A 202' 40' to 80' 40' 0.027 0.137 0.029
S12A 400' 60' to 90' 30' 0.042 0.238 0.045
130' to 370' 240' 0.045 0.272 0.048
S13A 200' 100' to 120' 20' 0.024 0.133 0.025
S14A 340' 0' to 40' 40' 0.058 0.413 0.063
90' to 110' 20' 0.071 0.465 0.077
S15A 200' 0' to 60' 60' 0.037 0.295 0.041
150' to 200' 50' 0.048 0.374 0.053
S16A 200' 0' to 60' 60' 0.037 0.27 0.04
100' to 150' 50' 0.059 0.396 0.065
S17A 200' 0' to 30' 30' 0.06 0.568 0.067
60' to 90' 30' 0.069 0.725 0.079
S18A 200' 150' to 190' 40' 0.044 0.367 0.049
S19A 200' 0' to 20' 20' 0.053 0.35 0.057
90' to 200' 110' 0.034 0.231 0.037
S23A 200' 60' to 80' 20' 0.054 0.389 0.059
130' to 200' 70' 0.04 0.302 0.044
S24A 200' 170' to 190' 20' 0.041 0.341 0.045
S25A 200' 20' to 60' 40' 0.042 0.223 0.044
Weight Mean Average for All Drill Hole
Intercepts 0.044 0.257 0.047
Tonnage Potential Mineable by Surface Dredge Operation Expanded
New operational cost estimates, current drill results and geological modeling by McEwen have led the Company to conclude that the dredge-type mining method, currently used at the pilot production facility in the Zone A - Permitted Mine Area, could economically be used to mine to a depth of 200 feet. Based on this 200-foot depth, the Company has defined estimates of the material that could potentially be surface mined within the two new subsections of the newly expanded Zone A. It is estimated that Zone A - West contains approximately 50.0 million (M) tons of material that could potentially be surface mined and Zone A - Central contains approximately 41.5M tons of material that could potentially be surface mined.
The average grade of all of the samples taken within the Zone A - West 50M tons approximated 0.038 opt Au equivalent. The average grade of all of the samples taken within the Zone A - Central 41.5M tons approximated 0.042 opt Au equivalent. Potential mineable material tonnages outlined to date are listed below. Additional exploration work will be required before proven or probable reserves can be established.
Location Potentially Depth Thickness Potentially
Mineable (ft) (ft) Minable
Acres(4) Material
Zone A -
Permitted Mine Area 270 3' to 40' 37' 14.8 M tons
Zone A - West 475 0' up to 200' Up to 200' 50.0 M tons
Zone A - Central 550 0' up to 90' Up to 90' 41.5 M tons
Zone B -
(Holes S7B to S13B) 555 0' up to 200' Up to 200' 108 M tons
The full extent of the Zone A and Zone B mineralization has yet to be determined by further drilling and drill sample analyses. The areas currently identified as Zone A and Zone B are unbounded on all sides. To confirm the extractable gold and silver grades, Ireland will conduct additional bench scale and bulk sample tests in both Zone A and Zone B.
Commercial Feasibility of Extraction
In March 2009, a 1,738-pound bulk leach test completed by an independent laboratory resulted in the extraction of approximately 70% of the head grade of gold and silver. The 1,738-pounds of tested material was extracted from the Zone A - Permitted Mine Area under chain of custody standards. Ireland believes that the potentially mineable material found in the newly identified areas within Zone A and Zone B is similar to the material processed with the bulk leach test taken from the Zone A - Permitted Mine Area.
About Ireland Inc.
Ireland Inc. is a minerals exploration and development company that is focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States.
In 2007, Ireland acquired rights to two mining properties, both of which are prospective for gold and other minerals. In early 2008, Ireland completed the acquisition of the Columbus Project located near Tonopah, NV, where it has an option to acquire an additional 22,640 acres of adjacent mineral claims. Ireland also owns rights to acquire up to 100% of the Red Mountain Project in San Bernardino County, California.
Ireland Inc. is headquartered in Henderson, Nevada, and its common stock trades on the OTC Bulletin Board under the symbol "IRLD".
Forward-Looking Statements
This document may include statements that constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, Ireland's limited operating history, future trends in mineral prices, the availability of capital, geological or mechanical difficulties affecting Ireland's planned geological work programs, and uncertainties surrounding estimates of mineralized material. There is no assurance that the test results reported in this document are indicative of extraction rates throughout the Columbus Project. Additional exploration work is required before proved or probable mineral reserves can be established. There is no assurance that the results of Ireland's pre-feasibility program will result in a decision to enter into commercial production. Ireland undertakes no obligation to update the forward looking statements in this document.
(1) Holes S20A to S22A did not contain sufficient samples above Ireland's
cut off grade of 0.020 opt Au equivalent to define any mineralized
intercepts.
(2) Mineralized Intervals were determined using a 0.020 opt Au equivalent
cut-off.
(3) Au Equivalent calculated using: $900/oz Au, $12/oz Ag
(4) Acreage expected to be surface minable in an economical manner.
For Additional Information, Contact:
Douglas Birnie, CEO at (702) 932-0353
info@irelandminerals.com
www.irelandminerals.com
2441 West Horizon Ridge Parkway, Suite #100
Henderson, NV, 89052
or
RJ Falkner & Company, Inc.
Investor Relations Counsel at
(800) 377-9893 or via email at info@rjfalkner.com
SOURCE Ireland Inc.
----------------------------------------------
Douglas Birnie
CEO
+1-702-932-0353
info@irelandminerals.com; or RJ Falkner & Company
Inc.
Investor Relations Counsel
1-800-377-9893
info@rjfalkner.com
Just cruising sideways...
Looks like the low could be in -
October 23, 2008 IRELAND INC. COMMENCES OPERATIONS OF PILOT PLANT AT COLUMBUS PROJECT
For Immediate Release
IRELAND INC. COMMENCES OPERATIONS OF PILOT PLANT AT COLUMBUS PROJECT
COMPANY COMPLETES DRILLING ON 39-HOLE EXPLORATORY PROGRAM
http://www.irelandminerals.com/
Ireland Inc. Receives BLM Approval for Expanded Drill Program
PROGRAM EXTENDS PREVIOUSLY APPROVED DRILL PROGRAM IN COLUMBUS BASIN
HENDERSON, Nev., Aug. 8 /PRNewswire-FirstCall/ -- Ireland Inc. (OTC Bulletin Board: IRLD - News; the "Company"), a mining exploration and development company focused on the extraction of precious and base metals from mineral deposits in the Southwestern United States, today announced that it has received approval from the Bureau of Land Management ("BLM") to expand its previously authorized 28-hole drill program on the Company's Columbus Project by an additional 11 holes.
The total drill program will now consist of a series of 39 holes drilled to depths ranging from 150 feet to 400 feet below the surface. The objective of the program is to determine the three-dimensional extent and economic potential of the gold mineralization within the approximate 5,000-acre gold anomaly previously identified by the Company's surface sampling program.
"We are very pleased that the BLM has approved the extension of our drill program, which will evaluate mineralization across a larger expanse of the gold anomaly," stated Douglas Birnie, Chief Executive Officer of Ireland Inc. "This represents the progression of our technical program, which is focused on determining the potential gold mineralization and the economic feasibility of the Columbus Project. We expect to commence drilling the expanded program later this month."
"This next phase of our drilling program follows the completion of 23 holes of the previously approved 28-hole drill program," continued Birnie. "We expect to receive results from the initial sample analyses from independent engineers before the end of the current quarter. With the completion of this phase of our program, we will have significantly improved the definition of the potential mineralization throughout the area of interest that we have identified within the Columbus Basin."
About Ireland Inc.
Ireland Inc. (IRLD) ("Ireland") is a mining exploration and development company that is focused on the extraction of precious and base metals from mineral deposits in the Southwestern United States.
In 2007, Ireland acquired options to acquire up to 100% of two mining properties, both of which are prospective for gold and other minerals. The Company has completed the acquisition of the Columbus Project, has a right to acquire an additional 23,000-acres of mineral claims adjacent to the Columbus Project, and maintains an option to acquire up to 100% of the Red Mountain Project in San Bernardino County, California. Having raised $13 million in equity financing during 2007, Ireland is well-positioned to move forward with its development program on both projects.
The Company is headquartered in Henderson, Nevada, and its common stock trades on the OTC Bulletin Board under the symbol "IRLD".
Forward-Looking Statement
This document may include statements that constitute "forward-looking" statements, usually containing the words "believe", "estimate", "project", "expect", or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, Ireland's limited operating history, future trends in mineral prices, the availability of capital, geological or mechanical difficulties affecting Ireland's planned geological work programs, uncertainties surrounding estimates of mineralized material and other risks detailed in Ireland's filings with the U.S. Securities and Exchange Commission. By making these forward-looking statements, Ireland undertakes no obligation to update these statements for revisions or changes in the future.
For Additional Information, Contact: Douglas Birnie, CEO at (702) 932-0353info@irelandminerals.comhttp://www.irelandminerals.com2441 West Horizon Ridge Parkway, Suite #100Henderson, NV, 89052 Or RJ Falkner & Company, Inc.Investor Relations Counsel(800) 377-9893 or via email at info@rjfalkner.com
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Source: Ireland Inc.
You tuned into the right spot on the dial...
Where is everybody? Anybody know where to find the discussion on IRLD?
There may just be a great little company here with highly talented management.
This company has a great looking website -
http://www.irelandminerals.com/
Has anybody visited the projects or spoken to management?
What is happending at their projects currently?
Full SEC FORM 10-KSB 04 April, 2007 .
Including Plan for :
.Mineral claim located in the Yellow Pine Mining District in Clark County, Nevada that we refer to as the Ireland Claim .
.Assignement agreement with Nanominerals Corp. (“Nano”) concerning The Columbus Project and The Red Mountain Project .
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001062993%252D07...
WC all, feel free to post & share your DD .
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Ireland, Inc., (IRLD) an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in the United States. It owns a 100% interest in the Columbus project comprising 128 mineral and millsite claims with gold, silver, and calcium carbonate deposits, as well as has rights to an additional 147 mineral claims located in the Columbus Salt Marsh in Esmeralda County, Nevada. The company also holds a 100% interest in the Ireland claim consisting of one unpatented mineral lode claim located in the Yellow Pine Mining District in Clark County, Nevada. In addition, it has interests in the Red Mountain project comprising 60 mineral claims with gold, silver, and tungsten deposits covering approximately 7,500 acres in San Bernardino County and Kern County, California. The company was formerly known as Merritt Ventures Corp. and changed its name to Ireland, Inc. in December 2005. Ireland, Inc. was founded in 2001 and is based in Henderson, Nevada.
Management | http://www.irelandminerals.com/ | |
Douglas Birnie - President and DirectorMr. Birnie was a founder of Columbus Group Communications Inc., a privately-owned company that was acquired by TELUS Corp., one of Canada's leading telecommunications companies, in 2001. He earned his Bachelor of Commerce degree from the University of British Columbia in 1994. In 1998, Mr. Birnie received the Ernst & Young "Entrepreneur of the Year Award," a Business Development Bank of Canada "Young Entrepreneur of the Year Award;" and was named by Business in Vancouver as one of the top "40 under 40," which recognizes Vancouver's 40 most remarkable business achievers under the age of 40. | Robert McDougal - Chief Financial Officer and DirectorMr. McDougal, a Certified Public Accountant, was a director and officer of GEXA Gold Corporation, a publicly-traded mining company, from 1985 to 2001. He was one of the founders of Millennium Mining Corporation, which has been merged into Gold Summit Corporation, a publicly-traded company. He served on the Nevada Society of Certified Public Accountants Committee on Natural Resources for seven years, including four years as chairman. |
Mr. Steele compiled an impressive record of building shareholder value through the creation, expansion and sale of companies in the engineering and specialty foods industries during the 1980s and 1990s. He is currently a Principal in Avonlea Investments/Steele Consulting, which provides business, financial, technology and strategic consulting services to private and publicly traded natural resource companies in North America. He is also an active investor in the Intermediate Canadian Oil and Gas sector.
Projects | http://www.irelandminerals.com/ - (Projects Tab) | |
Columbus Project now 100% owned in Nevada's Columbus Basin | Red Mountain Project located in the historical Rand Mining District in California. |
Investor Fact Sheet | News | |
http://www.irelandminerals.com/IRLD-FactSheet-Nov07-FINAL.pdf | http://finance.yahoo.com/q/h?s=IRLD.OB |
SEC Filings | Contact Us | |
IRELAND INC. CIK#: 0001166338 (see all company filings) | http://www.irelandminerals.com/ - (Contact Tab) |
INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS |
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