WELCOME TO CONROY GOLD AND NATURAL RESOURCES plc
Conroy Gold and Natural Resources plc is a gold exploration and development company focused on Ireland and Finland.
The Company is looking forward to developing its first gold mine, in the new district scale gold trend which it has discovered in Ireland, and to this end is actively engaged in seeking a joint venture partner.
The gold trend which the Company has discovered stretches for over 65km (40 miles). The trend is located along a major geological structure, the Orlock Bridge Fault Zone, in Northeast Ireland.
Four primary gold targets; Clontibret, Clay Lake, Glenish and Slieve Glah, with gold proven in bedrock, have been discovered along the gold trend.
A (JORC 2012) estimated resource of 320,000 Oz Au Indicated, 197,000 Oz Au Inferred (517,000 Oz Au) at an overall grade of 2 g/t Au has been established on a fraction of one of the gold target areas (Clontibret) with the majority of the drilling to date to a depth of less than 200m and a maximum depth of 350 metres. The deposit remains open in all directions as well as to depth and excellent gold intersections, e.g. 16.6m at 6.5 g/t Au, have been recorded outside the current resource area.
Conroy Gold and Natural Resource’s Prospecting Licences are 100% held by the Company, cover an area of over 800km2 along the gold trend, and give the Company the exclusive right to apply for a mining licence.
In Finland the Company’s gold exploration licences are located in the Lapland gold belt which hosts Europe’s largest gold mine. The Company believes that the area over which it holds exploration licences in Finland is prospective for iron oxide copper gold (IOCG) style mineralisation.
Ireland and Finland are mining friendly countries with established mining traditions and a favourable business climate. There is security of tenure and fiscal framework and excellent infrastructure and technical services in both Ireland and Finland.
Geology of the North of Ireland showing gold trends