Connemara Mining Company plc ("Connemara")

Highlights of the Chairman's Statement to the AGM of

Connemara Mining Plc held In Dublin at 10am July 28^th 2016

Ø  The gold price at €1,300 plus an ounce and a zinc price of $2,200 plus a tonne have recovered significantly and offer profitable exploration opportunities.

Ø  Connemara holds 32 gold and zinc licences in Ireland and has expressed interest in additional ground.

Ø  The focus of activity is the Inishowen area where a gold drilling programme has recently concluded.  Results of two holes were reported this week identifying a potential new gold system.

Ø  Results for the remaining two holes will be available within weeks.  It is very early days in the exploration campaign so caution is advised.

Ø  Our second gold focus is the Hendricks joint venture on 5 licences in the Wicklow/Wexford area.  We are hopeful that funds are forthcoming to drill two areas, Knocknaloor and Tombreen, where earlier drilling discovered high gold grades.

Ø  The rising zinc price should encourage exploration on our two zinc joint ventures, Oldcastle in Meath and Stonepark in Limerick both operated by Teck Resources, a Canadian based mining multinational.  The Irish subsidiary of Teck does not have a drilling budget for our ground though they are maintaining the licences in good standing.

Ø  We have surrendered three zinc licences in the Tipperary area while expressing an interest in new ground.

All resolutions were duly passed at the meeting.