Business
Results of ongoing drilling at Clay Lake
Results of ongoing drilling at Clay Lake.
About this update from Conroy Gold & Natural Resources Plc
[{"type":"text","content":"\n \n \n 11 October 2010\n\n Conroy Diamonds and Gold Plc \n\n (\"Conroy\" or \"the Company\") \n\nSUCCESSFUL RESULT FROM HOLES ON STEP OUT\n\nDRILLING PROGRAMME AT CLAY LAKE GOLD TARGET\n\n * Step out drill programme continues to give positive results - 13 zones of\n mineralisation intersected\n \n * 14 metres of 0.72 grammes per tonne (\"g/t\") gold, including 2 metres of\n 1.72g/t gold\n \n * Also intersections of 2 metres of 1.78g/t gold, 2 metres of 1.27g/t gold\n 2.4 metres of 0.92g/t gold, 3 metres of 0.82g/t gold and 3 metres 1.29g/t\n gold\n \nConroy (AIM: CDG; ESM: CDGI) is pleased to announce that the ongoing step out\ndrilling programme, in the north-western corner of its Clay Lake gold target in\nCo. Armagh, has returned positive results with 13 zones of mineralisation\nintersected. The step out programme of inclined holes follows on from previous\npositive gold results which demonstrated the presence of a broad zone of gold\nmineralisation.\n\nThe first drill hole was 233 metres in length to a vertical depth of\napproximately 165 metres, which intersected 2.4 metres of 0.92g/t gold from 2.6\nmetres. This was followed by 2 metres of 1.78g/t gold from 26 metres followed\nby a 3 metres intersection of 0.82g/t gold from 113 metres, and a 2 metre\nintersection of 1.27g/t gold from 167 metres.\n\nThe second drill hole was 161 metres in length to a vertical depth of\napproximately 114 metres, and it intersected 14 metres of 0.72g/t gold from 125\nmetres including 3 metres from 128 metres which averaged 1.72g/t gold. This was\nfollowed by 3 metres of 0.61g/t gold from 146 metres.\n\nThe third drill hole, 161.35 metres in length to a vertical depth of\napproximately 114 metres, intersected 2 metres of 0.58g/t gold from 30 metres.\nThis was followed by 1 metre of 1.22g/t gold from 36 metres followed by a 7\nmetres intersection of 0.35g/t gold and 4.6g/t silver from 87 metres, and 11\nmetres intersection of 0.43g/t gold and 3.2g/t silver from 145 metres including\n3 metres of 0.82g/t gold and 5.7g/t silver.\n\nThe fourth drill hole, which was 157 metres in length to a vertical depth of\napproximately 120 metres, intersected 7 metres of 0.95g/t gold from 69 metres\nincluding 3 metres of 1.29g/t gold from 83 metres. This was followed by 1 metre\nof 1.33g/t gold from 83 metres followed by a 1 metre intersection of 1.80g/t\ngold ...