A government report “Land of Mineral Opportunities (2006)” describes Irelands Geological structure and the wealth contained within our land area. including Lead, Zinc, and Gold deposits which are the property of the Irish people.
Source; The Dept. Of Communication, the Marine and Natural Resources.
Ireland has a widely varied geological framework, ranging from Ancient to the Present, that includes a number of mineral provinces endowed with a diverse range of base and precious metals as well as industrial mineral deposits. Mining in Ireland dates back to the Bronze Age (2000-400 B.C.). Over the last 40 years a string of significant base metal discoveries were made, (including the giant ore deposit at Tara Mines). Ireland now ranks, in terms of tonnes of ore discovered per square kilometre,
- First in the world, for zinc ore production,
- Second in the world for lead ore production.
Lead; Ireland supplies 12% of the worlds lead ore, none of which is processed in Ireland
Zinc; Ireland supplies 35% of Europe’s zinc ore, none of which is processed in Ireland.
Gold; Gold finds (currently in production) in the Clontibret (Monaghan) area, by Conroy Diamonds and Gold, of Millions of ounces of Gold, in a gold vein running for 64 Kilometers (Figures available on Conroys own website) support the belief of possible further substantial finds, in places such as Sligo, Wexford and Wicklow.
There is a long history of gold mining in Ireland. We are sitting on billions of dollars worth of gold. Using modern research and exploration tools it should be possible to recover this vast wealth. Many areas of Ireland have in the past proved the existence of gold bearing structures, which might yield significant returns, these sites include Avoca (Co Wicklow), Kilmacoo (Co Wicklow), Carnew (Co Wexford), Cregganbaun (Co Mayo), Lecanvey (Croagh Patrick.), Co Kildare, and Bohaun (Co Galway).
Despite the above, the 2015 exchequer returns provided by the Dept of Finance, show that the Extractive Industries (Mining and Quarrying) paid just 0.2% (one fifth of 1 percent) of the total corporation tax take for 2015. In cash terms that s just € 17 Million euro