Discovery of High Zinc Levels

18 July 2013 Conroy Gold and Natural Resources plc ("Conroy" or "the Company") DISCOVERY OF HIGH ZINC LEVELS WITHIN CONROY GOLD LICENCE AREA * Zinc values up to 30 per cent. seen in grab samples * Elevated copper values of 0.125 and 0.216 per cent also encountered Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the explorationand mine development company which has discovered a thirty mile gold districtin Ireland running across Counties Armagh, Monaghan and Cavan and is planningto develop its first operational gold mine at Clontibret in County Monaghan, ispleased to announce that an ongoing evaluation of old lead workings within theCompany's licence area has yielded highly positive zinc results of up to 30 percent. Grab samples were taken from twelve of the old lead workings spoil heaps in theCompany's licence area. Most of these samples gave high lead values as might beexpected although a lead value of 7.31 per cent. at the Tassan workings inCounty Monaghan was particularly high. However, two samples from the Cornaurney workings in County Cavan gaveexceptionally high zinc levels of 30.00 and 18.40 per cent. respectively. Thesesamples also had elevated copper of 0.125 and 0.216 per cent., silver of 9.2and 3.8 ppm, antimony of 101 and 49 ppm as well as mercury at 27ppm and 14ppm,gallium of 200ppm and 100ppm and cadmium of 2000 ppm and 688ppm. As well as its gold discoveries the Company has discovered an extensivezinc-in-soil anomaly on its prospecting licences in Counties Monaghan andArmagh. The very high zinc levels detected in the old mine working spoil heapsin County Cavan add to the overall metalliferous potential of the licence areafor both gold and base metals. The original gold discovery at Clontibret where the Company is proposing todevelop a gold mine was made in old workings for antimony. Antimony is knownalso to be associated with silver, lead and copper deposits. This release has been approved by Kevin McNulty PGeo, who is a member of theCompany'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 bythe London Stock Exchange in respect of AIM Companies, which outlines standardsof disclosure for mineral projects. Professor Richard Conroy, Chairmancommented: "The very high zincresultsaremost interesting and the presence of copperaddsstill further to the potential of thisdistrict not only for gold but forbase metals." 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 Simon Clements/Virginia Bull Hybridan LLP (Joint Broker) Tel: +44-20-7947-4350 William Lynne/Deepak Reddy Shore Capital Stockbrokers Limited (Joint Broker) Tel: +44-20-7408-4050 Jerry Keen/Bidhi Bhoma/Toby Gibbs IBI Corporate Finance Limited (ESM Adviser) Tel: +353-766-234-800 Brian Farrell Lothbury Financial Services Tel: +44-20-7868-2010 Michael Padley/Michael Spriggs Hall Communications Tel: +353-1-660-9377 Don Hall

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