Page 3 - Cross Murphy News Today

Economic Bulletin Overview At its monetary policy meeting on 10 December 2020, the Governing Council decided to recalibrate its monetary policy instruments. While the rebound in economic activity in the third quarter was stronger than expected and the prospects for the roll-out of vaccines are encouraging, the coronavirus (COVID-19) pandemic continues to pose serious risks to public health and to the euro area and global economies. The resurgence in COVID-19 cases and the associated containment...

    -  13.1g/t gold in 50cm quartz vein outcrop identifying the bedrock source of the large boulders found in the adjoining fields in 2015 and 2016     John Teeling, Chairman, commented: "The trenching results at Inishowen match if not exceed our best expectations.  The discovery of new high grade gold veins eighty-five metres along strike from the initial 2016 drillholes, represents a watershed moment for the Inishowen Gold Project.  The trenching res...

  This work is significant in providing a maiden three-dimensional model for the kimberlite within the Thorny River project which will enable precision planning of further drill holes and calculation of volumes.   The next step comprises drilling core holes to further confine the geological boundaries and microdiamond sampling to determine a first pass diamond grade estimate of the body.  Petrographic studies will be used to confirm the kimberlite types.  Geological modelling is an ongoing...

  -  Trenching has begun at Arkles 100% owned Inishowen project in Donegal in a bid to expand the gold veins first discovered in 2016   -  Reanalysis of a visible gold sample from the Mine River project identifies higher grade up to 7.34g/t within a 50g ore grade sample, with an overall average of 6.39g/t compared to 5.5g/t in the earlier analysis   -  Completion of drilling by Group Eleven at the Stonepark zinc project with results expected in January ...