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Positive Mineralogical Report
Positive Mineralogical Report.
About this update from Conroy Gold & Natural Resources Plc
[{"type":"text","content":"\n \n 4 June 2013\n\n \n Conroy Gold and Natural Resources plc \n\n (\"Conroy\" or \"the Company\") \n\n POSITIVE MINERALOGICAL REPORT ON CLONTIBRET \n\n * Mineralogical Characteristics of Flotation Bulk Concentrate and Rougher\n Tailings Analysed\n \n * Gold grade in the Bulk Concentrate was very high - 32.8 g/t with 3 g/t\n silver\n \n * Exposure and association of the particulate gold in the Bulk Concentrate\n sample also very high (~90%)\n \n * Bulk Concentrate Amenable to the Biox® Process Proposed in the Scoping\n Study\n \nConroy Gold and Natural Resources plc (\"Conroy Gold\") (AIM: CGNR, ESM: CGNR.I),\nthe gold exploration and mine development company, is pleased to announce that\nthe mineralogical report on the flotation Bulk Concentrate and Rougher Tailing\nsamples has been received and is positive. Conroy Gold has discovered a thirty\nmile gold district in Ireland running across Counties Armagh, Monaghan and\nCavan and is planning to develop its first operational gold mine at Clontibret\nin Co. Monaghan.\n\nThe mineralogy of the flotation samples was investigated using QEMSCAN - an\nintegrated automated mineralogy and petrography solution in combination with\nX-ray diffraction and geochemical analyses to identify and quantify\nmineralogical characteristics.\n\nThe gold grade in the Bulk Concentrate was very high at 32.8 g/t with 3 g/t\nsilver. The Rougher Tailing had a much lower gold grade of 0.25 g/t and 1 g/t\nof silver showing that most of the gold is being captured in the Bulk\nConcentrate.\n\nThe test results indicated that most of the gold in the Bulk Concentrate is\nassociated with sulphides. This association suggests that these samples will be\namenable to the Biox® process proposed in the Scoping Study, as the sulphides\nwould be broken down during the process. Exposure and association of the\nparticulate gold in the Bulk Concentrate was very high (~90%) indicating that\nmost of this gold should be recovered during leaching.\n\nProfessor Richard Conroy, Chairman,commented:\n\n\"I am very pleased to see the continuedpositiveprogress in the metallurgical\ntestworkwhich is most encouraging as we move forward with the technical studies\nrequired forthe planning and development of the Company's first operational\ngold mine.\"\n\nFor further information please contact:\n\nConroy Gold and Natural Resources plc T...