Australian businessman Michael Hudson is heading a newly formed company which has just bought a site at Kilbrecken in Quin, near Ennis, from Canadian mining company Lundin. Extremely high-grade zinc has been discovered in deep veins at the site and indications are good that a major mining operation may be possible.
The new company, Hannan Ltd, will begin an assessment of the site immediately with exploratory drilling and non-invasive seismic tests due to begin in early 2017.
A small local team will be employed to undertake these assessments and it will be a number of years before full-scale mining could begin. If successful, the mine will operate fully underground with the zinc deposits running to at least 400m under the surface.