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Additional High Gold Grades Discovered at Clont...
Additional High Gold Grades Discovered at Clont....
About this update from Conroy Gold & Natural Resources Plc
[{"type":"text","content":"\n \nThe information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (\"MAR\"). With the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n\n11 July 2018\n\nConroy Gold and Natural Resources plc\n\n(“Conroy Gold†or “the Companyâ€)\n\nADDITIONAL HIGH GOLD GRADES DISCOVERED AT CLONTIBRET\n\nConroy Gold and Natural Resources plc (AIM: CGNR) is pleased to report significant gold intersections from the seventh and eighth drill holes completed in the current (2018) drilling programme on the Company’s 100% owned Clontibret gold deposit.\n\nHighlights:\n\nSignificant Gold Intercepts and Grades:\n\n\n4.0m @ 7.4 g/t Au (including 1.0m @ 24.4 g/t Au)\n\n7.5m @ 2.2 g/t Au (including 1.1m @ 11.9 g/t Au)\n\n2.0m @ 5.3 g/t Au\n\n3.0m @ 2.2 g/t Au\n\n\nThese results relating to new drill holes 7 and 8, totalling 402.7m, intersected 10 and 6 gold lodes respectively, with high grade gold and wide intersections.\n\nThis drilling programme is focused on the Clontibret gold deposit in the southwest of the Clay Lake - Clontibret gold target where a JORC compliant resource of 517,000 ounces of gold is defined on 10% of the Clay Lake - Clontibret gold target (announced by the Company on 28 July 2017). \n\nProfessor Richard Conroy, Chairman commented: \n\n“Once again the new drill results confirm further high gold grades with wide intersections. We look forward to providing further updates in the near future.â€\n\nFurther Information\n\n\nDrilling completed successfully on holes 7 and 8 which were designed to test infill and extensions of gold lodes\n\n\n\nOver 1350 metres now completed of the >1,700 metres, planned in the expanded drill programme\n\n\nSignificant gold intercepts and grades – Drill Holes 7 and 8\n\nDrill Hole 7\n\n• 3.0m @ 2.2 g/t Au from 86.0m\n\n• 7.5m @ 2.2 g/t Au from 100.0m (including 1.1m @ 11.9 g/t Au)\n\n• 1.0m @ 2.0 g/t Au from 124.5m\n\n• 4.0m @ 7.4 g/t Au from 185.0m (including 1.0m @ 24.4 g/t Au)\n\nDrill Hole 8\n\n• 1.0m @ 2.3 g/t Au from 33.0m\n\n• 2.0m @ 5.3 g/t Au from 52.5m\n\n• 1.0m @ 3.4 g/t Au from 83.7m\n\n• 2.0m @ 2.5 g/t Au from 135.0m\n\nThe new gold intercepts confirm ...