A History of Gold in the Emerald Isle
Ireland is endowed with rich mineral wealth and gold mining has played an important role since the Bronze Age. The first Irish Gold Rush took place in 1795 and 300kg of gold was hand mined between 1795 and 1860.
Very little exploration took place in Ireland over the last century until the Gold Rush of the 1980s. The development of low-cost analysis methods with very low levels of detection (1 ppb Au), as well as improvements in geophysical methods and the geological understanding of the Caledonia Orogenic Belt coincided with a change in company structures. This, coupled with the availability of capital and new opportunities for entrepreneurial geologists lead to a second 'Irish Gold Rush' which resulted in many new, significant discoveries.
With the boom of Ireland's 'Celtic Tiger' economy in the mid-1990s the focus shifted away from natural resources to the IT, banking and property sectors. Following the global financial crisis of 2008, Ireland's efforts to derive revenue from non-financial and building sectors increased considerably, leading to the country's resurgence as a global hotspot for exploration & mining.
Many townships and mountains in Ireland have gold in their titles, and generally speaking old place names usually earned them for particular reason, they were not just given random names as many housing estates and new townships are nowadays: