Business
DRILLING PROGRAMME COMMENCES AT CLONTIBRET
Conroy Gold and Natural Resources PLC has commenced a c.2,000-meter drilling program at Clontibret, with the first hole targeting over 500 meters vertical depth to test newly identified gold and antimony plunge trends and expand the existing 517,000-ounce gold resource. A second drill rig will be mobilized to accelerate the program, which aims to assess the potential for higher-grade mineralisation at depth and evaluate the contribution of antimony to the deposit's attractiveness. The company highlights geological analogies with the high-grade Fosterville Gold Mine, suggesting potential for significant gold mineralisation. Disclaimer*
About this update from Conroy Gold & Natural Resources Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\n15 December 2025 Conroy Gold and Natural Resources plc(\"Conroy Gold\" or \"the Company\") DRILLING PROGRAMME COMMENCES AT CLONTIBRET \tFirst drill hole in a c.2,000m drilling programme now underway with a second drill rig to be mobilised to accelerate the programme \tInitial hole targeting over 500m vertical depth - the deepest test to date \tProgramme designed to test newly identified gold and antimony plunge trends and expand existing resource Conroy Gold and Natural Resources PLC (AIM: CGNR) is pleased to provide further detail in respect to its exploration activities at Clontibret, which is the initial focus of the work programme to advance its \"Discs of Gold\" project as referenced recently in the Chairman's statement for the 2025 Annual Report. The Company confirms that drilling has commenced at Clontibret on the c.2,000 metre initial programme. This programme marks a significant advance in the Company's strategy to test the deeper potential of the Clontibret deposit. The drill holes are designed to follow up on the gold and antimony plunge trends identified during the detailed re-logging project, as first announced on 27 February 2025. First Deep Drill Hole Underway The first hole, now in progress, is planned to target the major stockwork zone located beneath the historic Tullybuck Antimony Mine, at approximately 500 metres vertical depth. This hole represents the deepest drilling undertaken on the Clontibret deposit to date. The hole has been designed to intersect more than ten identified lodes before reaching the deeper stockwork zone target. The objective is to enhance the geological understanding of the system and assess the potential for higher-grade, structurally controlled mineralisation at depth. Follow-Up Drill Holes The second and third drill holes will test the strike extension of the antimony-bearing lode system toward a postulated northern fault zone believed to separate the Corcaskea mineralisation from the main Clontibret deposit. The holes will also test several of the central gold lodes. A second drill-rig is expected to be mobilised before year-end to accelerate this portion of the programme. This drill programme represents the first phase of systematic deeper exploration at Clontibret and is an important ste...