Conroy Gold reports 'significant' gold intersections at Clontibret

Conroy Gold and Natural Resources reported “significant” gold intersections from the seventh and eighth drill holes completed in the current drilling programme on its 100%-owned Clontibret gold deposit on Wednesday.

The AIM-traded firm said the significant gold intercepts and grades included 4.0m at 7.4 g/t Au, including 1.0m @ 24.4 g/t Au; 7.5m at 2.2 g/t Au, including 1.1m @ 11.9 g/t Au; 2.0m @ 5.3 g/t Au; and 3.0m @ 2.2 g/t Au.

It said those results - relating to new drill holes 7 and 8, totalling 402.7m - intersected 10 and six gold lodes respectively, with high grade gold and wide intersections.

The drilling programme was focused on the Clontibret gold deposit in the southwest of the Clay Lake - Clontibret gold target, where a JORC-compliant resource of 517,000 ounces of gold was defined on 10% of the gold target, as announced by Conroy Gold on 28 July last year.

“Once again the new drill results confirm further high gold grades with wide intersections,” said chairman Richard Conroy.

“We look forward to providing further updates in the near future.”