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Gold bearing lodes within antimony mine workings
Gold bearing lodes within antimony mine workings.
About this update from Conroy Gold & Natural Resources Plc
[{"type":"text","content":"\n \n11 May 2017\n\nConroy Gold and Natural Resources plc\n\n(“Conroy†or “the Companyâ€)\n\nGOLD BEARING LODES WITHIN ANTIMONY MINE WORKINGS\n\n\nMine Drift Cuts Across Four Gold Bearing Structures\n\nIntercepts in Lodes of 7.00g/t to 12.8g/t Gold\n\nGold Over Widths of 3.00m to 10.00m\n\nGold Mineralisation Recognised to be Older than Antimony Mineralisation\n\n\n__________________________________________________________________\n\nConroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the gold exploration and development company focused on Ireland and Finland, is pleased to announce that following gold assay data pertaining to the original antimony mine workings at Clontibret becoming available, it has been possible to relate the occurrence of four gold bearing lodes, within the 48m of the Tullybuck drift, in the historical underground workings.\n\nGold assay data pertaining to the historical underground workings at the Clontibret deposit has recently become available. The samples were collected by an Irish-Canadian company during the 1950s and comprise detailed channel samples of the back (roof) and walls of the drift and shafts. Detailed surveyed sample maps and original ‘signed off’ assay sheets have been examined.\n\nPart of the initial historical underground development from the early 1800s comprised 80m of drifts that followed stibnite (antimony) veins. It is now recognised that the antimony mineralisation is younger than the gold mineralisation and is oriented in a more northerly direction. Although the underground antimony workings essentially followed a single stibnite vein, it is interpreted that the Tullybuck drift has cross cut four gold bearing structures.\n\nThe Company has been able to relate its own geological mapping from the Clontibret stream, drilling data and the recently available assay data from the underground workings. The interpretation is that, within the 48m of underground development in the Tullybuck drift, the following gold bearing lodes occur.\n\n\n\nLode\nWidth (m)\nGrade (g/t Au)\n\n\n\n30\n10.0\n 7.0\n\n\n\n33\n 4.0\n12.8\n\n\n\n34\n 5.5\n12.0\n\n\n\n35\n 3.0\n 9.8\n\n\n\nExamination of drilling in the vicinity of the Tullybuck workings supports this interpretation as an intercept 20m from the southern end of the Tullybuck drift co...