3rd Jun 2015 07:58
LONDON (Alliance News) - Conroy Gold and Natural Resources PLC on Wednesday said it has received positive results from the infill drilling undertaken at the Clontibret gold and antimony project in County Monaghan in Ireland.
Conroy said the results showed gold grades of 20.05 grams per tonne over 1 metre and 14.10 grams per tonne of gold over 0.25 metres.
The gold mineralisation zone at the site has been extended on the results and the gold mineralisation at depth has been confirmed.
"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," said Richard Conroy, chairman of Conroy.
Shares in Conroy were down 2.5% to 0.78 pence on Wednesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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