Karelian Diamond Resources PLC has been exploring in the district for several years, having previously been granted a licence to prospect in the Coonian and Brookeborough areas.
Earlier this year the company announced that it had commenced a full exploration programme in the county after its sampling, initially for diamonds, indicated the presence of nickel-copper-platinum mineralisation.
Now it has announced that further analysis of stream sediment samples indicates ‘prospectivity’ for nickel-copper-platinum mineralisation.
Karelian’s chairman, Professor Richard Conroy, said he was pleased with these “encouraging” results and that the company was “looking forward to the planned follow-up work programme”.