ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CGNR Conroy Gold & Natural Resources Plc

11.30
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Conroy Gold & Natural Resources Plc LSE:CGNR London Ordinary Share IE00BZ4BTZ13 ORD EUR0.001 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 11.30 10.80 11.80 11.30 11.30 11.30 49,340 07:48:46
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 257k -363k -0.0081 -13.95 5.06M

Conroy Gold & Natural Resources Plc Positive results from infill drilling at Clontibret

03/06/2015 7:00am

UK Regulatory



 
TIDMCGNR 
 
3 June 2015 
 
                     Conroy Gold and Natural Resources plc 
 
                          ("Conroy" or "the Company") 
 
              POSITIVE RESULTS FROM INFILL DRILLING AT CLONTIBRET 
 
  * Grades of 20.05 g/t Gold over 1 Metre and 14.10 g/t Gold over 0.25 Metres 
 
  * Gold Mineralisation Zone Extended - Orebody Open at Depth and Along Strike 
 
  * Gold Mineralisation at Depth Confirmed 
 
  * Stockwork Zone - Gold Intercepted at 340.5 Metres - Deepest Intersection to 
    Date 
 
    ­­­________________________________________________________________ 
 
Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the gold 
exploration and development company focused on Ireland and Finland, is pleased 
to announce further results from its infill drilling programme in relation to 
the mining plan for the development of its Clontibret gold and antimony project 
in County Monaghan, Ireland. 
 
The drilling results include an intersection in one hole of 1 metre of 20.05 g/ 
t gold, at a depth of 94.5 metres, 1.5 metres of 3.5 g/t gold at a depth of 
40.5 metres, 1 metre of 3.4 g/t gold at a depth of 36.5 metres, 1.5 metres of 
2.16 g/t gold at a depth of 27 metres and 1 metre of 2.4 g/t gold at a depth of 
138.5 metres. 
 
In a further drill hole 0.25 metres of 14.1 g/t gold at a depth of 119.5 
metres, 0.25 metres of 8.44 g/t gold at a depth of 36.75 metres, 1.25 metres of 
1.67 g/t gold at a depth of 42.25 metres and 2 metres of 1.88 g/t gold at a 
depth of 75 metres were intersected. 
 
Drilling in one of these holes was continued in order to intersect the 
stockwork zone at depth (the gold orebody at Clontibret comprises both lode 
zones and a stockwork zone). The results within the stockwork zone included a 
series of five, one metre intersections of gold at a grade of approximately 1g/ 
t gold, or over, down to a depth of 340.5 metres.  This is the deepest level to 
date at which gold has been intersected at Clontibret and confirms that the 
gold orebody at Clontibret remains open at depth. It is also open along strike. 
 
The results provide evidence of continuity of gold mineralisation at depth and 
enable the existing geological orebody model to be confirmed and the gold 
mineralisation zone to be extended. 
 
This release has been approved by Kevin McNulty PGeo, who is a member of the 
Company's technical staff who holds a BSc/MSc in Geology and Remote Sensing, in 
accordance with the guidance note for Mining, Oil & Gas Companies issued by the 
London Stock Exchange in respect of AIM Companies, which outlines standards of 
disclosure for mineral projects. 
 
 Professor Richard Conroy, Chairman, commented: 
 
"I am delighted with these further excellent drilling results at Clontibret, 
which include more high grade gold mineralisation and demonstrate both the 
continuity of the mineralisation and that the orebody is open at depth, as well 
as being open along strike." 
 
For further information please contact: 
 
Conroy Gold and Natural Resources plc        Tel: +353-1-661-8958 
Professor Richard Conroy, Chairman 
 
Sanlam Securities UK Limited (Nomad)         Tel: +44-20-7628-2200 
Virginia Bull/Simon Clements 
 
Hybridan LLP (Broker)                        Tel: +44-20-3713-4580 
Claire Louise Noyce/Niall Pearson/William 
Lynne 
 
IBI Corporate Finance Limited (ESM Adviser)  Tel: +353-766-234-800 
Ger Heffernan 
 
Lothbury Financial Services                  Tel: +44-20-3290-0707 
Michael Padley/Eleanor Moore 
 
Hall Communications                          Tel: +353-1-660-9377 
Don Hall 
 
 
Visit the website at: www.conroygold.com 
 
 
 
END 
 

1 Year Conroy Gold & Natural Re... Chart

1 Year Conroy Gold & Natural Re... Chart

1 Month Conroy Gold & Natural Re... Chart

1 Month Conroy Gold & Natural Re... Chart

Your Recent History

Delayed Upgrade Clock