Gold zones at Slieve Glah identified

23 June 2014 Conroy Gold and Natural Resources plc ("Conroy" or "the Company") GOLD ZONES AT SURFACE ON THE SLIEVE GLAH GOLD TARGET IDENTIFIED BY ROCK CHIP GRAB SAMPLING * 1.7g/t Gold from Rock Chip Grab Sample * Gold present in Black Carbonaceous Shales * New Gold-in-Bedrock Target 3km (2 Miles) from Previous Gold-in-Bedrock drilled in Slieve Glah Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the goldexploration and development company focused on Ireland, is pleased to announcethe discovery of a series of gold zones at surface on its Slieve Glah goldtarget. These gold zones were identified by rock chip grab sampling. The zonesoccur on the most Southeastern gold target (Target area 1) of the Slieve Glahgold targets in Co. Cavan. They are the first gold-in-bedrock results recordedwithin Target area 1. They are located over 3km (2 miles) from previousgold-in-bedrock results identified through trenching and drilling within Targetarea 2 of Slieve Glah. The Company has previously identified, through geophysics and soil sampling,four large gold targets areas at Slieve Glah. These gold target areas appear tobe structurally controlled. They occur as a series of right angle zonesadjacent to the Orlock Bridge Fault. This major structural fault is believed tobe an important influencing factor on mineralisation in the region. At SlieveGlah the fault undergoes a pronounced strike swing. The Company believes thatthis strike swing may be of significance in relation to potentialmineralisation in the area. The grab samples included a high result of 1.7g/t gold and 0.38g/t, 0.35 g/tand 0.28g/t gold from black carbonaceous pyrite shales. The Slieve Glah gold targets lie at the southern end of the 50km (30 miles)gold trend discovered by the Company. This gold trend stretches from Co. Armaghin Northern Ireland across Counties Monaghan and Cavan in the Republic ofIreland. The Slieve Glah gold targets are located approximately 40km (25 miles) south ofthe Clontibret Gold Project in Co. Monaghan where the Company is planning todevelop its first operational gold mine. 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, Chairman,commented: "This is very encouraging and adds further evidence of the potential extent ofwhat we believe is the beginning of a new European gold district" For further information please contact: Conroy Gold and Natural Resources plc Tel: +353-1-661-8958Professor Richard Conroy, Chairman Sanlam Securities UK Limited (Nomad) Tel: +44-20-7628-2200Virginia Bull/Simon Clements Hybridan LLP (Broker) Tel: +44-20-3713-4581Claire Louise Noyce/William Lynne IBI Corporate Finance Limited (ESM Adviser) Tel: +353-766-234-800Ger Heffernan Lothbury Financial Services Tel: +44-20-7868-2010Michael Padley/Michael Spriggs Hall Communications Tel: +353-1-660-9377Don Hall

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