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Zinc discovery to South of Clay Lake Gold Anomaly
Zinc discovery to South of Clay Lake Gold Anomaly.
About this update from Conroy Gold & Natural Resources Plc
[{"type":"text","content":"\n \n 4 June 2009\n\n Conroy Diamonds and Gold Plc \n\n (\"Conroy\" or \"the Company\") \n\n NEW ZINC DISCOVERY TO SOUTH OF CLAY LAKE GOLD ANOMALY \n\n * Extensive Zinc-In-Soil Anomalies With Values Up To 2,947parts per million\n (\"ppm\")\n \n * Average For All 1,500 Samples Well In Excess Of Typical Background Values\n \n * Gold Remains Company's Primary Focus But Base Metal Follow-Up Planned\n \nConroy (AIM:CDG) is pleased to announce the discovery of a series of extensive\nzinc-in-soil anomalies on its prospecting licences in Counties Monaghan and\nArmagh in Ireland.\n\nThe anomalies, which extend over several square kilometres, are located to the\nsoutheast of the Company's Clontibret gold target in County Monaghan, where it\npreviously announced a one million ounce gold resource, and to the south of the\nlarge gold anomaly recently discovered by the Company at Clay Lake in County\nArmagh.\n\nApproximately 1,500 shallow soil samples were collected and analysed for base\nmetals, returning values ranging up to 2,947 ppm zinc and averaging 374 ppm\nzinc. More than 300 samples assayed over 500 ppm zinc and 39 samples exceeded\n1,000 ppm zinc. Typical background values in the area are less than 200ppm\nzinc.\n\nThe Longford-Down Massif, in which the Company has already outlined an\nextensive gold trend, has a history of base metals mining. Antimony was mined\nat Clontibret, where the first gold discovery was made, and shallow lead and\nzinc mines near Keady in South Armagh were worked in the nineteenth century.\nHistoric mines in the immediate area included the Annaglogh (lead, zinc,\ncopper) mine, just west of the newly discovered anomalies, and the College and\nClay mines, respectively 4.5km and 2.5km to the north west of those anomalies.\n\nThe new zinc discovery lies to the south of the Orlock Bridge Fault which is\nconsidered to be a major structural controlling factor influencing\nmineralisation in the Longford-Down Massif. The zinc anomalies overlie fine to\ncoarse-grained massive greywacke sandstones and micro-conglomerates. This is\ncomparable to parts of the Caledonian geology in Scandinavia, which hosts major\nstratabound base-metal sulphide deposits.\n\nThese base metal findings provide further evidence that a significant\nmetalliferous system is present in the Clay Lake and Clontibret areas of the\nLongford-Down Mas...