Unicorn Mineral Resources Plc is to commence an exploration drilling programme on its Kilmallock Property in the week commencing 8 May 2023 Unicorn Mineral Resources Plc, a mineral exploration and development company based in Ireland and exploring for zinc, lead, copper and silver, with its main focus at present being the "Limerick Basin" in Ireland, where Unicorn's project "Kilmallock" is situated 20km south of Glencore's "Pallas Green Lead and Zinc" prospect. Following on from confirmation from the Geoscience Regulation Office of the Department of Environment, Climate and Communications that drilling may proceed, Unicorn is planning to mobilise a drilling rig to its Kilmallock property in the week commencing 8May 2023. This phase of work will consist of an initial 6-hole drilling programme, using a single drilling rig, and comprising of approximately 1,250m of drilling, which is expected to take approximately 12 weeks to complete.

Five holes have been targeted in the areas of high-grade zinc, lead and copper mineralisation at the Ballycullane and Bulgaden Zones, with an additional hole targeting a separate significant geochemical and geophysical anomaly delineated by recent surveying. Previous drilling on the Kilmallock Property has intersected significant, high-grade zinc, lead, copper and silver mineralisation at a number of zones, including one 3.8m intercept with 14.66% zinc, 4.8% lead and 133.79 g/t silver at a depth of 325m, leading Unicorn to believe that a major, undiscovered, mineralising system is located in this area. Unicorn's first phase drilling programme at Kilmallock is designed to follow up on historic high-grade zinc, lead., copper and silver mineralisation discovered at Kilmallock.

In this phase of work six exploration drill holes are planned to test for Waulsortian Reef hosted zinc, lead, copper and Silver mineralisation. The proposed drilling is located in a region where historic exploration has discovered, but left undefined and undelineated, two high-grade mineralised bodies at Ballycullane and Bulgaden. The Ballycullane mineralisation is dominated by shallow, sub-outcropping oxides, probably related to a weathered massive sulphide body.

The Bulgaden zone is located 1.2km to the southeast and consists of primary, massive sulphide mineralisation, rich in zinc and lead, with a significant silver endowment.