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Gold & silver

Conroy Gold reports half-year results

Conroy has been methodically opening up a new gold province in Ireland

Conroy Gold and Natural Resources PLC (LON:CGNR) lost €703,294 in the six months to 30 November 2020.

Cash at the period end stood at €503,879.

During the period, strong exploration results were reported from the company’s ground in Ireland, including new gold discoveries made in the Glenish licence area and the outlining of new geological structures over the Cargalisgorran area of the Clay Lake gold target.

During the period Conroy raised just over £1.2mln to fund exploration work.

Post the period-end, the company has signed a letter of Intent for a development joint venture with Turkish company Demir Export A.S.

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