Business
Appointment of Golder Associates
Appointment of Golder Associates.
About this update from Conroy Gold & Natural Resources Plc
[{"type":"text","content":"\n \n \n 8 July 2010\n\n CONROY DIAMONDS AND GOLD PLC \n\n (\"Conroy\" or \"the Company\") \n\n APPOINTMENT OF GOLDER ASSOCIATES AS ENVIRONMENTAL CONSULTANTS \n\n * Initiation of Environmental Scoping Studies - another step towards mine\n development\n \n * Studies will be primarily related to the Clontibret Project\n \n * Golder has extensive experience of mine development In Ireland\n \n * Technical and Financial studies already underway\n \nConroy (AIM:CDG; ESM:CDG.I) is pleased to announce the appointment of Golder\nAssociates (\"Golder\") as its environmental consultants for the scoping studies\non the Clontibret gold project, in Ireland. To date, the Company has a JORC\nCompliant resource of over 1 million oz defined on only 20 per cent. of its\nClontibret target.\n\nThe environmental scoping studies will primarily be related to Clontibret, but\nin view of Conroy's other gold discoveries in the area including Clay Lake in\nCo. Armagh, 4.5 miles North-East of Clontibret, the study will take place\nagainst the background of these and other closely related discoveries.\n\nGolder employs nearly 7,000 people globally and has extensive mine development\nexperience in Ireland, across Europe and worldwide. It is widely recognised for\nsetting industry standards in a range of fields including environmental and\nhealth and safety standards for mining. Golder will work in close association\nwith Wardrop Engineering Inc. who is currently engaged in the technical and\nfinancial scoping studies at Clontibret.\n\nProfessor Richard Conroy, Chairman of Conroy Diamonds and Gold said:\n\n\"I am delighted to announce the appointment of Golder as Environmental\nConsultants to Conroy. Having worked with Golder before, I know the quality of\nits work and am confident that it will make a major contribution towards the\ndevelopment of a gold mine at Clontibret which, in time, I believe, offers the\npotential to generate a significant return for our shareholders as well as\nmaking a material contribution to the local economy.\"\n\nEnquiries:\n\nConroy Diamonds and Gold Plc \n \nProfessor Richard Conroy, Chairman +353 1 661 8958\n \nMerchant John East Securities Limited (Nomad) \n \nSimon Clements/Virginia Bull +44 20 7628 2200\n \nIBI Corporate Finance Limited (ESM Adviser) \n \nJohn Tuite +353 1 637 7800\n \nCity Capital Corporation Limited (Broke...