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EXTENSIVE GOLD INTERSECTION CLAY LAKE GOLD TARGET
EXTENSIVE GOLD INTERSECTION CLAY LAKE GOLD TARGET.
About this update from Conroy Gold & Natural Resources Plc
[{"type":"text","content":"\n \nRNS Number : 9519F Conroy Gold & Natural Resources PLC 01 November 2018 \n\n \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.\n1 November 2018\n \n \n \n \nConroy Gold and Natural Resources plc\n(\"Conroy Gold\" or \"the Company\")\n \nEXTENSIVE GOLD INTERSECTION AT CLAY LAKE GOLD TARGET\n \nHighlights:\n \n· 52.5m grading 0.5 g/t Au intersected from 108.5m depth\n \n· 18.0m grading 0.6 g/t Au intersected from 240.0m (including 2.0m grading 2.7 g/t Au) \n \n· Mineralisation grading 0.3 g/t Au over 150.5m interval from 108.5m depth\n \nConroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and development Company focused on Ireland and Finland is pleased to report an extensive gold intersection from a drill hole completed in the north eastern end of its Clay Lake gold target. This intersection is strong evidence of a very large gold mineralising system in the Clay Lake area.\n \nThe gold intersection extends for 150.5 metres at 0.3g/t gold. This wide gold intersection adds to previous drilling and trenching results which suggest potential for high tonnage and overall gold content in the Clay Lake gold target. \n \nThe intersection of 2 metres at 2.7 g/t gold at a downhole depth of 252 metres (199 metres vertical depth) is the deepest intersection to date on the Clay Lake gold target which remains open in all directions as well as to depth.\n \nThis drill hole at the north eastern end of the Clay Lake gold target follows on a series of 10 drill holes in the Clontibret gold deposit and forms part of an overall drilling programme encompassing the 17km long gold district of the Clontibret - Clay Lake - Glenish gold target in the northeast of Company's licence area on which an updated exploration target of 8.8 million ounces gold (excluding the 517,000 ounce Clontibret deposit) has been estimated (announced by the Company on 2 August 2018).\n \nThe drill hole also intersected el...