Conroy Gold & Natural Resources Plc New Gold Target Discovered

 
TIDMCGNR 
 
16 June 2015 
 
                     Conroy Gold and Natural Resources plc 
 
                          ("Conroy" or "the Company") 
 
             NEW GOLD TARGET DISCOVERED IN COUNTY MONAGHAN, IRELAND 
 
  * New Discovery Located Within Existing 30 Mile (50Km) Gold Trend 
 
  * Target Is An Extensive (700m by 300m) Gold-in-Soil Anomaly 
 
    __________________________________________________________________ 
 
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 the discovery of an extensive (700m by 300m) gold-in-soil anomaly 
near  Rockcorry in County Monaghan. The discovery lies approximately 7Km 
Southwest of the Company's Glenish gold target in Co. Monaghan and 14Km South 
west of Clontibret where the Company proposes to develop its first gold mine in 
the area. 
 
The discovery is located within the 30 mile (50Km) gold trend that the Company 
has outlined and its position, Southwest of the Company's Glenish gold target 
and Northeast of the Company's Slieve Glah gold target, adds further evidence 
as to the continuity of this gold trend. This gold trend runs from County 
Armagh in Northern Ireland across Counties Monaghan and Cavan in the Republic 
of Ireland. The trend lies along the major geological structure known as the 
Orlock Bridge Fault. 
 
Four gold-in-soil samples in the anomaly were above 20ppb gold and a further 
five above 10ppb gold. The anomaly will be further investigated but from the 
Company's   experience such levels of gold-in-soil samples have tended to be 
associated with gold-in-bedrock. The anomaly remains open  on its Northern 
side. 
 
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: 
 
"This discovery confirms the gold potential of the Company's licences in the 
area lying between the Company's existing gold targets to the Northwest at Clay 
Lake, Clontibret, where a mine is being developed, and Glenish, as well as 
those to the South at Slieve Glah." 
 
For further information please contact: 
 
Conroy Gold and Natural Resources plc                    Tel: 
                                                         [phone] 
 
Professor Richard Conroy, Chairman 
 
Sanlam Securities UK Limited (Nomad)                     Tel: 
                                                         [phone] 
 
Virginia Bull/Simon Clements 
 
Hybridan LLP (Broker)                                    Tel: 
                                                         [phone] 
 
Claire Louise Noyce/Niall Pearson/William Lynne 
 
IBI Corporate Finance Limited (ESM Adviser)              Tel: 
                                                         [phone] 
 
Ger Heffernan / Jan Fitzell 
 
Lothbury Financial Services                              Tel: 
                                                         [phone] 
 
Michael Padley 
 
Hall Communications                                      Tel: 
                                                         [phone] 
 
Don Hall 
 
Visit the website at: www.conroygold.com 
 
 
 
END