Conroy Gold and Natural Resources PLC, the gold exploration and development company focused on Ireland and Finland, has announced results from the two holes drilled at the Clontibret gold deposit which they believe offers potential to increase its overall value. The drilling was carried out by Demir Export AŞ as part of its due diligence and validation programme, prior to entering into a joint venture agreement with Conroy.
“The due diligence and validation drillholes completed by Demir Export have confirmed and added to the understanding of the Clontibret gold deposit built up by Conroy Gold,” company Chairman Professor Richard Conroy stated. “The Board believes that the confirmation of the gold grades encountered in the lode zone and the discovery of the widest gold intercept yet at Clontibret in the stockwork zone indicates there is the potential to increase the overall gold content of the deposit. “Demir Export has the mining expertise and the financial resources not only to…
