Conroy Gold & Natural Resources Plc AGM Statement

 
TIDMCGNR 
 
21 December 2023 
 
[2011 Jan 28 CGNR Logo] 
 
Conroy Gold and Natural Resources plc 
 
("Conroy Gold" or "the Company") 
 
ANNUAL GENERAL MEETING STATEMENT 
 
  · Good progress on the Company's gold exploration and development programme 
  · Over 6,000 metres of drilling completed 
 
The annual general meeting of Conroy Gold and Natural Resources PLC (AIM: CGNR), 
the gold exploration and development company, will hold its annual general 
meeting today at The Conrad Dublin Hotel, Earlsfort Terrace, Dublin at 12 
noon. 
 
At this meeting, Professor Richard Conroy, Chairman, will make the following 
statement: 
 
"The Company's achievements during the year and the period post balance sheet 
date include: 
 
  · The discovery of a second district scale gold trend, the Skullmartin gold 
trend, in the Longford Down Massif in addition to the Orlock Bridge gold trend 
previously discovered by the Company in the Massif. 
 
  · The discovery of visible gold in the Skullmartin Gold trend at Creenkill 
together with gold assay results of up to 123 g/t Au (4oz gold per tonne). 
 
  · In excess of 6,000 metres of drilling completed to date as part of the Joint 
Venture with Demir Export A.S ("Demir Export") with results indicating that the 
extensive gold target at Clay Lake could contain a major gold deposit. 
 
  · Drilling results also indicated continuity between the Clontibret gold 
deposit and the Corcaskea gold target. 
 
  · Funding from Demir Export is approximately ?5 million to date covering 
exploration programmes on the various joint venture licences. Another ?1 million 
plus is required to be spent to conclude the first phase of the Joint Venture 
which would earn Demir Export a 25% interest in the Joint Venture licences. 
 
  · Equity interest acquired in Karelian Diamond Resources which holds 
exploration licences for Nickel/Copper/Platinum Group Metals in Northern Ireland 
and diamond exploration and development interests in Finland. 
 
The Board looks forward to another year of operational progress." 
 
For further information please contact: 
 
Conroy Gold and Natural Resources plc  Tel: [phone] 
Professor Richard Conroy, Chairman 
Allenby Capital Limited (Nomad)        Tel: [phone] 
Nick Athanas/Nick Harriss 
Peterhouse Capital (Broker)            Tel:[phone] 
 
Duncan Vasey                           Tel: [phone] 
 
Lothbury Financial Services 
Michael Padley 
Hall Communications                    Tel: [phone] 
Don Hall 
 
Visit the website at: www.conroygold.com 
 
 
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(END) Dow Jones Newswires

December 21, 2023 02:04 ET (07:04 GMT)