POSITIVE RESULTS YIELDED IN LATEST CLONTIBRET GOLD EXPLORATION

The company mining for gold in Clontibret in Co Monaghan has located additional mineralisation deposits of the precious metal. Conroy Gold and Natural Resources issued a statement to the London Stock Exchange on Thursday last in which it said that a fourth drill hole exploration conducted with joint venture partner Demir Export had shown further positive results from its Clontibret target. The company said the drill hole intersected gold mineralisation in the stockwork at a down hole depth of 91.8 metres. The gold mineralisation extended to a down hole depth of 125 metres, including eight metres at 1.2 grams of gold per tonne from 96 metres. Conroy said the results from hole four, in conjunction with those from the first three drill holes, indicated the potential for high tonnage and overall gold content….