For thousands of other reports visit RSC's Mineral Intellingence Map
Conroy Gold and Natural Resources Plc
Summary
| Project: | Clay Lake-Clontibret | |
|---|---|---|
| Deposit: | Clontibret | |
| Location: | Ireland | |
| Commodities: | Gold | |
| Date: | 8/3/2016 | |
| Report Code: | (no code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-8-2016: Conroy Gold and Natural Resources Plc announces an Exploration/Drilling Update report for its Clontibret deposit at the Clay Lake-Clontibret project. Drilling results incl. 1m @ 15g/t Au. Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CG | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Kevin McNulty (Internal) | |
| ABSTRACT: | Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the gold exploration and development Company focused on Ireland and Finland, is pleased to announce that results from the first drillhole in its current drilling programme on its Clay Lake-Clontibret gold target in Ireland included high grade gold intersections of 1 metre at 15g/t gold and 1 metre at 8.4g/t gold and the discovery of a new gold bearing lode. The drillhole was located at the Clontibret end of the Company’s Clay Lake-Clontibret gold target and was drilled to a downhole depth of 102 metres. The drillhole intersected five gold bearing lodes including a new one. Four of the lodes were intersected at downhole depths from 32.5m, 45.5m, 50.75m and 75.75m with 1.5m at 1.0g/t Au, 1.5m at 5.6g/t Au (including 1.0m at 8.4g/t Au), 3.0m at 5.2g/t Au (including 1.0m at 15 g/t Au) and 4.0m at 3.5 g/t Au. A fifth intersection, of 1.25m at 2.9g/t Au from a downhole depth of 93.25m, intersected the new gold lode zone. Professor Richard Conroy, Chairman, commented: “I am delighted that the new drilling programme has already yielded such excellent results both at Glenish, where we recently intersected 4 new gold zones and now at the Company’s flagship Clay Lake-Clontibret gold target where we are targeting a multimillion oz gold resource”. | |
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