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Conroy Gold discovers new gold target in the Longford-Down Massif

The anomaly is aligned on a similar trend to the gold lodes in the Clontibret gold deposit where the company has a gold resource of 517,000 ounces

Conroy Gold and Natural Resources PLC -

Conroy Gold and Natural Resources PLC (AIM:CGNR, FRA:FKV1) discovered an extensive new gold-in-soil target on its licence area in the Longford-Down Massif in Ireland.

The discovery lies between the AIM-listed company’s Derryhennet gold target, where it has identified significant grades and widths of gold-in-bedrock, and the site where the Clay Lake Gold nugget was discovered in the 1980s, with a weight of 30.05 grammes and gold content of 28 grammes.

The new target covers an area of approximately 700 metres by 250 metres and trends north northwest – south southeast.  

“This discovery highlights the continued potential for new gold discoveries on the company’s licences in the district scale gold trend which it has discovered in the Longford-Down Massif,” said chairman Professor Richard Conroy.

“The new anomaly is in addition to the series of potentially multi-million ounce gold targets already discovered by the company along the trend.”

The discovery was made during a detailed follow up soil sampling programme, which identified 15 samples above 10 parts per billion (ppb) gold, including one of 92ppb gold.

Conroy Gold’s drilling programme in the Longford- Down Massif continues and the company is awaiting results from drilling at Clontibret and Cargalisgorran. 

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Conroy Gold and Natural Resources on latest drilling results at Clay Lake...

Conroy Gold and Natural Resources PLC (AIM:CGNR, FRA:FKV1)'s (LON:CGNR) chairman Professor Richard Conroy joins Proactive London to discuss news of significant gold intersections from drilling in the Cargalisgorran section of its Clay Lake gold target.  Conroy explains how they have...

on 13/8/21

2 min read