Conroy Gold & Natural Resources Plc · LSE:CGNR
Conroy Gold & Natural Resources — Investor Presentation (December 2015)
20 slides from Conroy Gold & Natural Resources's investor presentation, Dec 14, 2015
Slide 1: Conroy Gold and Natural Resources plc
Conroy Gold and Natural Resources plc AIM: CGNR ESM: CGNR.I www.conroygold.com
Slide 2: Disclaimer
DISCLAIMER The content of information contained in this Presentation has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000 (“FSMA”) or an authorised investment business firm within the meaning of the Irish Investment Intermediaries Act 1995 (
Slide 3: Gold Mine Development at Clontibret
CLONTIBRET FIRST GOLD MINE GOLD MINE DEVELOPMENT AT CLONTIBRET 3 Conroy Gold and Natural Resources
Slide 4: Clontibret – First Gold Mine Technical Highlights
CLONTIBRET – FIRST GOLD MINE TECHNICAL HIGHLIGHTS OPEN PIT GOLD MINE – 10+ YEAR MINE LIFE 515,100 OUNCES GOLD TO BE MINED SIGNIFICANT POTENTIAL TO INCREASE GOLD RESERVES – IN REMAINING 80 % OF CLONTIBRET, ALSO OPEN AT DEPTH AND ADJACENT LARGE GOLD TARGETS SUCH AS CLAY LAKE HIGH GOLD : CONCENTRATE RA
Slide 5: Clontibret – First Gold Mine Location
CLONTIBRET – FIRST GOLD MINE LOCATION CLONTIBRET TARGET 2 – 5 MILLION OUNCES POTENTIAL THIRTY MILE GOLD TREND – SERIES OF GOLD TARGETS OVERALL POTENTIAL 15 – 20+ MILLION OUNCES GOLD 5 Conroy Gold and Natural Resources
Slide 6: Scoping (PEA) Studies – Tetra Tech Clontibret Gold Mine
CLONTIBRET – FIRST GOLD MINE SCOPING (PEA) STUDIES – TETRA TECH CLONTIBRET GOLD MINE PRELIMINARY ECONOMIC Gold-in-Soil Footprint ASSESSMENT (PEA) STUDY AREA COVERED APPROX. 20% OF THE OVERALL GOLD TARGET AREA POSITIVE TECHNICAL AND FINANCIAL RESULTS PEA STUDY AREA 0 0.5 1Miles 0 0.5 1 1.5 2 Kilometr
Slide 7: JORC Resource (Tetra Tech)
CLONTIBRET – FIRST GOLD MINE JORC RESOURCE (TETRA TECH) INDICATED INFERRED TOTAL TONNES Au OUNCES TONNES Au OUNCES TONNES Au OUNCES (g/t) (g/t) (g/t) 4,926,900 1.64 259,956 6,782,800 1.56 341,148 11,709,700 1.6 601,104 Prepared According To Australasian Joint Ore Reserve Committee (JORC) Guidelines
Slide 8: Vertical Cross-Section 330050N Gold Lode Zones and Stockwork Gold
CLONTIBRET – FIRST GOLD MINE VERTICAL CROSS-SECTION 330050N GOLD LODE ZONES AND STOCKWORK GOLD (RED) 1.m @ 1.6 g/t 9.2m @ 2.5 g/t 4.8m @ 2.6 g/t 0m 3.6m @ 2.2 g/t 10.6m @ 2.5 g/t 100m 3.0m @ 1.7 g/t 1.6 @ 5.0 g/t 60.7m @ 0.5 g/t Inc. 19m @1.2g/t 7.1m @ 9.2 g/t 200m 8 Conroy Gold and Natural Resource
Slide 9: 3D Mine Model
CLONTIBRET – FIRST GOLD MINE 3D MINE MODEL High Grade Lodes Stockwork Depth 160m 9 Conroy Gold and Natural Resources
Slide 10: Favourable Metallurgy
CLONTIBRET – FIRST GOLD MINE FAVOURABLE METALLURGY Au : S Ratio 0.00 5.00 10.00 15.00 20.00 25.00 METALLURGICAL CHARACTERISTICS Salmita OF CLONTIBRET ORE INCLUDE: Jerrit Canyon CI2 Project (1st 5 yrs) Newmont - Minahsa Red Lake (Goldcorp) Fairview (Vantage Gold) Mesel Roaster Project CLONTIBRET LODE
Slide 11: Process Flow Diagram
CLONTIBRET – FIRST GOLD MINE PROCESS FLOW DIAGRAM TSF ROM Bin (Tailings Storage Ball Mill Flotation Facility) Flotation Tails Jaw Crusher Concentrate Cone Crusher Bio-Oxidation Carbon in Leach (CIL) Air Plant Cooling Plant Elution Neutralisation Counter-Current Decantation (CCD) CN Detox Depth 160m
Slide 12: Proposed Mining Plan for First Mine
CLONTIBRET – FIRST GOLD MINE PROPOSED MINING PLAN FOR FIRST MINE CONVENTIONAL OPEN PIT SURFACE MINE 515,100+ Oz Au 10+ MINE LIFE Phase112& 2 Phase Phase 515,100 370,900 144,200 Ounces Ounces Ounces THREE PHASES ENVISAGED PHASE 1: 144,200 Oz Au HIGH GRADE, SHORT PAYBACK PHASE 2: 370,900 Oz Au PIT EXT
Slide 13: Phase 1&2 Pits Production per Bench
PHASE 1&2 PITS (LODE STRUCTURES ONLY) PRODUCTION PER BENCH Bench Elevation Tonnes Head Grade (g/t) Ounces (Metres above sea-level) 80 – 60 579,240 1.88 35,011 60 – 40 790,106 1.98 50,297 40 – 20 799,104 1.93 49,585 20 – 0 779,426 1.92 48,113 0 – -20 723,712 1.91 44,442 -20 – -40 551,744 1.99 35,301
Slide 14: Comparison of Clontibret Project with World Total Cash and Production Cost Curves
COMPARISON OF CLONTIBRET PROJECT WITH WORLD TOTAL CASH AND TOTAL PRODUCTION COST CURVES Clontibret P1 & 2: Clontibret P1: Total Production Total Production Cost Cost Clontibret P1 & 2: Clontibret P1: Total Cash Cost Total Cash Cost 14 Conroy Gold and Natural Resources
Slide 15: Clay Lake Potential Resource Areas and Proximity
CLAY LAKE POTENTIAL RESOURCE AREAS AND PROXIMITY Clay Lake Large 2km by 1km target Locations Of Gold Proven Cargalisgorran In Bedrock Outside Tivnacree Resource Area Corcaskea 20% Clontibret Ballygreany Fintully 15 Conroy Gold and Natural Resources
Slide 16: Clay Lake Gold Target
CLAY LAKE GOLD TARGET TARGET AREA 2Km BY 1Km. (by soil geochemistry ) KALGOORLIE SUPER PIT APPROX. 3.5Km LONG, 1.5 Km WIDE HIGHEST GOLD-IN- SOIL VALUES TO DATE (UP TO 1.53 g/t Au) – WITHIN THE THIRTY MILE TREND. 16 Conroy Gold and Natural Resources
Slide 17: Clay Lake Nugget
CLAY LAKE GOLD TARGET CLAY LAKE NUGGET CLAY LAKE NUGGET DISCOVERED IN THE 1980’s AT CLAY LAKE IN COUNTY ARMAGH WEIGHT 30.05g, GOLD CONTENT 28g EXHIBITED IN THE ULSTER MUSEUM THE MOST SPECTACULAR FIND OF ALLUVIAL GOLD IN IRELAND IN RECENT YEARS 17 Conroy Gold and Natural Resources
Slide 18: Clay Lake Gold Target Potential
CLAY LAKE GOLD TARGET POTENTIAL DRILL INTERSECTION: 98.6m@0.57g/t (Including: 11.5m@1.44g/t) EXAMINING TRENCHED TRENCH INTERSECTION: OUTCROP 5m@ 3.02g/t OUTCROP 3m@1.3g/t, 18m@0.47g/t TRENCHING AT CLAY LAKE Locations of Gold Proven in Bedrock 18 Conroy Gold and Natural Resources
Slide 19: Gold Potential at Clay Lake
GOLD POTENTIAL AT CLAY LAKE CLAY LAKE, A CARBONACEOUS SHALE HOSTED GOLD DEPOSIT, ENCOMPASSES MANY OF THE GEOLOGICAL ATTRIBUTES OF MAJOR SEDIMENT-HOSTED GOLD DEPOSITS EXAMPLES OF THESE GOLD DEPOSITS INCLUDE: - THE MULTI-MILLION OUNCE GOLD DEPOSITS AT TIEN SHAN SUCH AS THE 169.3M OZ MURUNTAU MINE, ONE
Slide 20: Conroy Gold and Natural Resources plc
Conroy Gold and Natural Resources plc AIM: CGNR ESM: CGNR.I www.conroygold.com
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