Conroy Gold intersects further 'significant' finds at Clontibret deposit

AIM-listed exploration and development firm Conroy Gold and Natural Resources reported further "significant intersections" from its ninth and tenth drill holes at the Clontibret gold deposit.

Conroy's drilling programme, focused on its wholly-owned Clontibret gold deposit, intersected nine gold lodes from drill hole nine and six gold lodes at drill hole ten.

Two of the gold lodes were intersected by both drill holes, which were 150 metres apart.

Conroy intersected as much as two metres at 7.9 grams of gold per tonne from dill hole nine.

Chairman Professor Richard Conroy said this brought to a successful conclusion the 10-drill hole programme at Clontibret as the company fills in detail about its 517,000 ounces resource at the deposit, part of its trifold Clontibret-Clay Lake-Glenish gold target.

The latest drilling part with the objective of upgrading the mineral resource at Clontibret "and thereby accelerating development on the company’s Irish gold property with a focus on commercialisation" of the wider target.

AS of 0850 BST, Conry shares had fallen 5.88% to 12p.