For thousands of other reports visit RSC's Mineral Intellingence Map
Conroy Gold and Natural Resources Plc
Summary
| Project: | Clontibret | |
|---|---|---|
| Deposit: | Clontibret | |
| Location: | Ireland | |
| Commodities: | Gold | |
| Date: | 6/18/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-6-2018: Conroy Gold and Natural Resources Plc announces an Exploration/Drilling Update report for its Clontibret deposit at the Clontibret project. Drilling results incl. 3.0m @ 4.8g/t Au. Conroy Gold and Natural Resources plc (AIM: CGNR) the gold expl | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Kevin McNulty (Internal) | |
| ABSTRACT: | Conroy Gold and Natural Resources plc (AIM: CGNR) the gold exploration and development company focused on Ireland and Finland, is pleased to report further results from its current infill drilling programme on the Company’s 100% owned Clontibret gold deposit. The infill drilling programme has further increased confidence in the Indicated (and Inferred) Resource estimate in two of the main lodes (based on the 2017 resource estimate). These lodes represent approximately 10% of the 2017 resource.These results relate to drill holes 5 and 6 (totalling 406m) of the 1,000 metre drill campaign announced by the Company on 12 February 2018 (expanded to >1,700 metres, as announced 14 June 2017). This drilling programme is 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 is defined on 10% of the Clay Lake - Clontibret gold target (announced by the Company on 28 July 2017). Results are being reported for two drill holes for a total of 406 metres. Due to the ‘stacked’ nature of the lodes both drill holes were targeted as infill regarding some lodes and as extensions regarding others. The new intercepts confirm (and will allow refinement of) the 2017 geological model with respect to lode continuity and grade. Only those mineralised intercepts exceeding 2 gram-metres gold have been reported. One drill hole (representing the majority of sub 2 gram-metre gold intercepts) was designed to test lode extensions to depth on a section of known lower grade. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report