Conroy Gold & Natural Resources Plc · LSE:CGNR

Conroy Gold & Natural Resources — Investor Presentation (May 2025)

35 slides from Conroy Gold & Natural Resources's investor presentation, May 31, 2025

  1. Slide 1: Conroy Gold and Natural Resources PLC - Discs of Gold Project

    CONROY GOLD AND NATURAL RESOURCES PLC DISCS OF GOLD PROJECT Targeting a Tier 1 Economic Deposit in Ireland www.conroygold.com (AIM: CGNR)

  2. 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 (

  3. Slide 3: Discs of Gold Project in Ireland Targets a Tier One Resource

    Conroy Gold and Natural Resources PLC (AIM: CGNR) Discs of Gold Project in Ireland Targets a Tier One Resource  Solid foundations for District Scale gold play  Potential starter project (Clontibret) demonstrating early proven positive economics  Clontibret: 517Koz @ 2g/t Au (2017 I&I Resource). P

  4. Slide 4: Gold and Mining in Ireland

    Gold and Mining in Ireland Context and Potential  History of alluvial gold in Ireland  Solid gold artefacts dating to 2200 BC in the National Museum of Ireland in Dublin  Wicklow gold rush of 1795  Long history of prolific base metals mining in Ireland  Navan (Tara), Galmoy and Lisheen Zinc (Zn

  5. Slide 5: World Class Gold Potential in Ireland & Northern Ireland

    Discs of Gold Project World Class Gold Potential in Ireland & Northern Ireland Clay Lake Curraghinalt (6Moz) Discs of Gold Clontibret Cavanacaw Project Area Glenish (0.35Moz) Rockcorry Creenkill Clontibret Tullyvin (0.5Moz) Bocks Slieve Glah 100 KM 50 KM  Dominant land position of over 1,000km2 (10

  6. Slide 6: Location, Location, Location

    Discs of Gold Project Location, Location, Location Positioned along transatlantic Situated within regionally significant Localised along favourable litho- structural corridor geochemical anomalies structural contacts coincident with elevated gold-in-soils  Multiple eastern Canadian gold  Dalradian

  7. Slide 7: Clontibret Gold Deposit is Just the Beginning

    Discs of Gold Project Clontibret Gold Deposit is Just the Beginning  Initial 517Koz @ 2.0 g/t Au (I&I Resource) • 320Koz Au Indicated and 197Koz Au Inferred (2017)  Positive early economics • Mineralisation comes to surface • 11 year mine life, 49% IRR, 2 year payback • BIOX processing results in

  8. Slide 8: Barely Scratched the Surface at Clontibret

    Discs of Gold Project Barely Scratched the Surface at Clontibret Fosterville mine (>10Moz) Clontibret Prospect (517Koz to date)  Underground mining commenced in 2005 from near  Low grade, refractory orebody (Au-As-Sb) surface, low grade, refractory mineralisation (Au-As-Sb)  Mineralisation is dis

  9. Slide 9: Clontibret Gold Deposit Remains Open in all Directions

    Discs of Gold Project Clontibret Gold Deposit Remains Open in all Directions Schematic model Trenching (Corcaskea) 16.5m @ 6.5 g/t Au High grade 11.0m @ 5.3 g/t Au lode zones Lisglassan Stream Outcrop 5.6 g/t Au Disseminated gold in an extensive Resource Established stockwork zone 517Koz @ 2.0 g/t A

  10. Slide 10: Clontibret Gold Deposit Re-logging Programme

    Discs of Gold Project Clontibret Gold Deposit Re-logging Programme  Project to Re-log 18,000m of Core from Clontibret initiated Q4/2024. The Work’s Purpose… • Consistently characterize the geology & mineralization, especially antimony (Sb) • Underpin a more robust 3D geological model of the target

  11. Slide 11: Clontibret Gold Deposit – Antimony (Sb) Potential

    Discs of Gold Project Clontibret Gold Deposit – Antimony (Sb) Potential  Clontibret deposit sited on an 1800s antimony (Sb) mine. Sb was High Grade Au Lodes not considered in 2017 resource and 2011 PEA. Assay grades up to 14% Sb over 1.2m seen in historic workings from the resource area  Metallurg

  12. Slide 12: Extensive Pipeline of Additional Gold Targets from 90km of Trend

    Discs of Gold Project Extensive Pipeline of Additional Gold Targets from 90km of Trend  In addition to the advancing Clontibret gold discovery, a full and balanced pipeline of additional gold targets are being delineated along the Orlock Bridge and Skullmartin Gold Trends  Orlock Bridge Gold Trend

  13. Slide 13: Clay Lake Gold Target

    Discs of Gold Project Clay Lake Gold Target The Clay Lake gold nugget discovered in the 1980s weight 30.05g, gold content 28g within licence area 25 KM  An extensive gold target over 3km in length and in places 2km wide  Initial drilling identified broad zones of gold mineralisation  Drilling: 10

  14. Slide 14: Creenkill Gold Target

    Discs of Gold Project Creenkill Gold Target  The Creenkill Gold target, a new discovery (February 2023), located 20km southeast of Clontibret and lies along the Skullmartin gold trend  123.0 g/t (4 oz) gold assay result in quartz breccia at surface with visible (native) gold  Initial trenching an

  15. Slide 15: Led by an Experienced Team of Mineral Explorers

    Discs of Gold Project Led by an Experienced Team of Mineral Explorers Garth Earls Kevin McNulty (Director) (Senior Geologist) Professor Garth Earls is a former Director of the Geological Kevin has over 25 years’ experience in the mining industry. Prior to Survey of Northern Ireland and was part of t

  16. Slide 16: Next Steps... Realising the Potential

    Discs of Gold Project Next Steps... Realising the Potential  Advance Clontibret to development  Refine and test geological controls to (high grade) mineralisation  Relogging (alteration, sulphidation) and structural analysis  Deeper drilling to test resultant high grade controls  Assess the ful

  17. Slide 17: Share Structure & Corporate Governance Overview

    Conroy Gold and Natural Resources PLC (AIM: CGNR) Share Structure & Corporate Governance Overview  55.1M shares in issue.  Listed on the London Stock Exchange’s AIM section. Allenby Capital sponsoring Nomad  6/24-5/25 average monthly trading (on exchange): 3.9M by volume, $185K by value  3.1M wa

  18. Slide 18: Financial Overview

    Conroy Gold and Natural Resources PLC (AIM: CGNR) Financial Overview  “Discs” project… a large opportunity created by CGNR despite limited financial resources  Public market funding mainly sourced from a short list of committed private investors  DEX jv agreement funded large expansion & advance

  19. Slide 19: Professor Richard Conroy (1933-2024)

    Conroy Gold and Natural Resources PLC (AIM: CGNR) Professor Richard Conroy (1933-2024)  Prof. Conroy, Company founder and Executive Chairman, passed away in October 2024  His vision… Ireland was an emerging gold province with potential for economic scale ore bodies  Rooted in the knowledge of gol

  20. Slide 20: Board and Senior Management

    Conroy Gold and Natural Resources PLC (AIM: CGNR) Board and Senior Management John Sherman Howard Bird (Chairman) (Director) John Sherman has over 25 years of public markets investment Howard Bird is a Geoscientist with over 30 years’ experience including experience as an equity analyst at J.P. Morg

  21. Slide 21: Summary

    Summary CGNR’s Discs of Gold Project Targets a Tier One Resource  Right Place  Clear geological analogies of CGNR’s license area to Fosterville (10Moz) in Victoria and Queensway (2Moz initial resource) in Newfoundland  Similar host rocks (age and lithologies)  Similar structural evolution/settin

  22. Slide 22: Discs of Gold Project

    CONROY GOLD AND NATURAL RESOURCES PLC DISCS OF GOLD PROJECT www.conroygold.com

  23. Slide 23: Appendix

    Appendix  Background on “Discs of Gold” Naming  Overview of Mining in Ireland & Fiscal Framework  Resources, Preliminary Economic Assessment (PEA) and Metallurgy Studies  Top Drilling and Trenching Intersections from “Discs of Gold” Project  Early Stage Gold Targets in the Longford Down Massif

  24. Slide 24: Origin of the Name

    Discs Of Gold Project Origin of the Name  Project named after the two gold “Sun Discs” found in Tedavnet, County Monaghan, adjacent to the Company’s licence area  These magnificent gold ornaments date from circa 4000 years ago and are part of the National Museum of Ireland’s collection Gold “Sun D

  25. Slide 25: Mining in Ireland - Location of Major Deposits

    Mining in Ireland Location of Major Deposits LONGFORD-DOWN MASSIF (Gold and Base Metals) Conroy Gold and Natural Resources (CGNR) 2 District scale gold trends Curraghinalt (Gold, Silver and Copper) Dalradian Resources NI 43-101 Resource 6,104,000 oz Cavanacaw (Gold) Galantas Gold NI 43-101 Resource

  26. Slide 26: Government Support for Industry's Expansion

    Mining in Ireland Government Support for Industry’s Expansion  Permission to expand Kingscourt Gypsum mine granted  Large (1km) open pit & underground operation  Most recent expansion permits issued January 2024  Included relocation of local GAA (sport) facilities  CGNR’s Clontibret target loca

  27. Slide 27: Fiscal Framework in Republic of Ireland

    Mining in Ireland Fiscal Framework in Republic of Ireland  25.0% corporation tax on mining operations – 12.5% corporation tax on income and chargeable gains from general trading  Main categories of capital allowance are:  Exploration and development expenditure  Plant & machinery investment  In

  28. Slide 28: Fiscal Framework in Northern Ireland

    Mining in Ireland Fiscal Framework in Northern Ireland  25% corporation tax on corporate income from general trading (including mining operations)  Main categories of capital allowance (“Mineral Extraction Allowance” code in UK & NI) are:  The acquisition of mineral deposits and rights  Explorat

  29. Slide 29: Resources, Preliminary Economic Assessment (PEA) and Metallurgy Studies

    Discs of Gold Project Resources, Preliminary Economic Assessment (PEA) and Metallurgy Studies  Feb 2011 Resource and PEA  Resource 506Koz @ 1.7 g/t Au (152Koz Au Indicated and 354Koz Au Inferred Feb 2011) @ 0.6g /t cut-off grade  Feb 2011 PEA 7.2 year mine life with a 4.3 year payback period, 17.

  30. Slide 30: Top Drilling and Trenching Intersections

    Discs of Gold Project Top Drilling and Trenching Intersections Drilling Intersections Trenching Intersections Metres Au (g/t) TARGET AREA Metres Au (g/t) TARGET AREA 94.5 1.0 Clontibret 16.5 6.5 Clontibret 30.0 3.0 Clontibret 11.0 5.3 Clontibret 5.0 13.0 Clontibret 15.0 3.6 Clontibret 6.1 8.0 Clonti

  31. Slide 31: Slieve Glah Gold Targets

    Discs of Gold Project Slieve Glah Gold Targets Orlock Bridge Fault Zone 25 KM Target 5 Target 4  Significant offset / step in the Orlock Bridge Fault Zone at Slieve Target 3 Glah; potentially favourable for mineralisation  Gold-in-soil geochemistry identified series of discrete gold Target 2 anoma

  32. Slide 32: Glenish Gold Target

    Discs of Gold Project Glenish Gold Target 25 KM  An extensive gold geochemical anomaly larger than Clontibret  Channel samples up to 1.0m @ 9.4 g/t Au in bedrock  Target lies on major structural intersection; where the Glenish fault intersects the Orlock Bridge Fault Zone 1.5 KM 32

  33. Slide 33: Rockcorry, Tullyvin and Bocks Gold Targets

    Discs of Gold Project Rockcorry, Tullyvin and Bocks Gold Targets  Rockcorry: Au – As – Sb  A 700m by 350m untested geochemical anomaly  Tullyvin: Au – As (± Cu )  A 400m by 400m untested geochemical anomaly  Bocks: Au – As  A 1,500m by 1,100m untested geochemical anomaly 30 KM  Additional Tar

  34. Slide 34: Longford Down Massif Zinc Potential

    CGNR – Other Exploration Projects Longford Down Massif Zinc Potential Zinc 30.0% Zinc (Zn) grab sample from Cornaurney historic lead mine Target Cornaurney 25 KM  Significant >20 historic mines in licence area. The area was historically referred to as the Armagh-Monaghan mining district.  Large 10

  35. Slide 35: Finland Gold - Ruosselka Target

    CGNR – Other Exploration Projects Finland Gold - Ruosselka Target  Iron oxide copper-gold (IOCG) target - RUOSSELKA Nattanen granite suite  Extensive alteration (hematitic) Kittila  Gold-in-bedrock to southeast Pahtavaara  High gold-in-till values  Gold grains in till Gold grains from till from

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