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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Conroy Diam&Gld | LSE:CDG | London | Ordinary Share | IE0002163354 | ORD EUR0.03 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.375 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCDG 8 July 2010 CONROY DIAMONDS AND GOLD PLC ("Conroy" or "the Company") APPOINTMENT OF GOLDER ASSOCIATES AS ENVIRONMENTAL CONSULTANTS * Initiation of Environmental Scoping Studies - another step towards mine development * Studies will be primarily related to the Clontibret Project * Golder has extensive experience of mine development In Ireland * Technical and Financial studies already underway Conroy (AIM:CDG; ESM:CDG.I) is pleased to announce the appointment of Golder Associates ("Golder") as its environmental consultants for the scoping studies on the Clontibret gold project, in Ireland. To date, the Company has a JORC Compliant resource of over 1 million oz defined on only 20 per cent. of its Clontibret target. The environmental scoping studies will primarily be related to Clontibret, but in view of Conroy's other gold discoveries in the area including Clay Lake in Co. Armagh, 4.5 miles North-East of Clontibret, the study will take place against the background of these and other closely related discoveries. Golder employs nearly 7,000 people globally and has extensive mine development experience in Ireland, across Europe and worldwide. It is widely recognised for setting industry standards in a range of fields including environmental and health and safety standards for mining. Golder will work in close association with Wardrop Engineering Inc. who is currently engaged in the technical and financial scoping studies at Clontibret. Professor Richard Conroy, Chairman of Conroy Diamonds and Gold said: "I am delighted to announce the appointment of Golder as Environmental Consultants to Conroy. Having worked with Golder before, I know the quality of its work and am confident that it will make a major contribution towards the development of a gold mine at Clontibret which, in time, I believe, offers the potential to generate a significant return for our shareholders as well as making a material contribution to the local economy." Enquiries: Conroy Diamonds and Gold Plc Professor Richard Conroy, Chairman +353 1 661 8958 Merchant John East Securities Limited (Nomad) Simon Clements/Virginia Bull +44 20 7628 2200 IBI Corporate Finance Limited (ESM Adviser) John Tuite +353 1 637 7800 City Capital Corporation Limited (Broker) Charles Dampney +44 20 3178 3399 Lothbury Financial Services Limited Michael Padley/Michael Spriggs +44 20 7868 2010 Hall Communications Don Hall +353 1 660 9377 Further details on Conroy Diamonds and Gold can be found on its website at: www.conroydiamondsandgold.com END
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