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Drilling Confirms New Gold-in-Bedrock Discove...
Drilling Confirms New Gold-in-Bedrock Discove....
About this update from Conroy Gold & Natural Resources Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\n13 September 2023\n\n \nConroy Gold and Natural Resources plc\n(\"Conroy Gold\" or the \"Company\")\n \n \nDRILLING CONFIRMS NEW GOLD-IN-BEDROCK DISCOVERY \n \n \n\nNew gold-in-bedrock discovery at Drumavaddy anomaly in Slieve Glah in County Cavan \n\nDrill results with values of 2.0 g/t gold over 1 metre \n\nZones of 10 metres of gold mineralisation intersected \n\nContinuity of gold mineralised structure supported by trenching and drilling \nConroy Gold and Natural Resources PLC (AIM: CGNR) is pleased to announce that assay results from a scout trench (c.90m) and two scout drill holes (totalling c.500m) at Drumavaddy on the Company's Slieve Glah gold target in County Cavan, indicate a new gold-in-bedrock target at the Southwestern end of the 65km (40 mile) Orlock Bridge gold trend. The drilling and trenching programme is being carried out in conjunction with the Company's joint venture partner, Demir Export A.Ş (\"Demir Export\").\n \nThe scout trenching and drill programme was designed to test the Drumavaddy anomaly (announced by the Company on 23 March 2023), where deep overburden sampling identified a highly anomalous gold target measuring 300 metres by 150 metres with values up to 3,460 ppb Au. \n \nThe trenching encountered a low grade 10 metre gold-in-bedrock zone. A subsequent drill hole intersected this gold zone at depth confirming the continuity of the gold mineralised structure. A second drill hole intersected a separate gold zone of 2.0 g/t gold over 1 metre. \n \nGold mineralisation intersected by trenching and drilling in the Drumavaddy area of the Slieve Glah gold target.\n \nIntercepts from the trench included:\n \n· 10.0m @ 0.2 g/t Au from 49.0m\n· 4.0m @ 0.4 g/t Au from 67.0m\n \n(Only intercepts of 0.2 g/t Au or greater are presented)\n \nIntercepts from the two scout drill holes included:\n \nFirst drill hole\n\n7.0m @ 0.2 g/t Au from 22.0m \nSecond drill hole\n\n9.0m @ 0.3 g/t Au (including 0.50m @ 1.0 g/t Au) from 56.0m\n0.5m @ 0.3 g/t Au from 67.0m\n0.5m @ 0.3 g/t Au from 88.0m\n1.0m at 2.0 g/t Au from 159.0m \n(Only intercepts of 0.3 g/t Au or greater are presented)\n \nAll samples were analysed by ALS (OMAC Laboratories) Loughrea using Au-ICP21 (Au by fire assay and ICP...