Connemara Mining Company Plc is engaged in the exploration for and development of mineral resources in Ireland. The Company operates through three segments: Limerick, Oldcastle and Rest of Ireland. It holds interests in approximately 35 exploration licenses mainly for zinc and lead in known mineralized trends. The primary exploration activity of the Company is on its Inishowen block containing over five licenses covering approximately 190 square kilometers. The Inishowen block includes prospecting licenses in an area surrounding Quigley's Point, County Donegal. Geology in the Inishowen block comprises mainly of schists and quartzites. The area of interest lies within the Southern Highlands Group of the Dalradian. This comprises of the Inishowen Grits and Phyllites, Cloghan Green Beds, Fahan Grits and Fahan Slate Formation. The total number of exploration permits held by the Company in the Republic of Ireland is approximately 535.