“IMPORTANT STEP” TOWARDS DEVELOPMENT OF GOLD MINE AT CLONTIBRET

In a statement released to the Stock Exchange this week, Conroy Gold and Natural Resources plc has announced that it is to undertake a ‘step-out’ drilling programme on the Clontibret gold target comprising eight drill holes totalling approximately 3,000m. described by Company Chairman professor richard Conroy as “a further important step towards the development of a gold mine at Clontibret”, work is anticipated to commence in late april as part of the company’s Joint Venture with demir export. Conroy said the aim of the work was “to add to the geological understanding of the whole Clontibret target with a view to speeding its development to construction ready status and bringing it into operation as a gold mine.” “The primary objective is to extend both the lode and the stockwork gold mineralisation, with the majority of the drilling focused on the stockwork. Both the stockwork and lode gold mineralisation are open for extension in all directions and to depth,” the statement to the Stock exchange added.