Conroy Gold & Natural Resources Plc · LSE:CGNR
Conroy Gold & Natural Resources — Investor Presentation (July 2024)
39 slides from Conroy Gold & Natural Resources's investor presentation, July 2024
Slide 1: Conroy Gold and Natural Resources Plc - The Discs of Gold Project
CONROY GOLD AND NATURAL RESOURCES PLC THE DISCS OF GOLD PROJECT Targeting a Tier 1 Economic Deposit in Ireland 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: World Class Gold Potential in Ireland – Targeting a Tier 1 Economic Deposit
Conroy Gold and Natural Resources Plc (AIM: CGNR) World Class Gold Potential in Ireland – Targeting a Tier 1 Economic Deposit Exploration target of multi million oz economic deposits Reserve Definition & Economic Studies Proven economic mineralisation at Clontibret with 517k oz resource Clontibret
Slide 4: Project named after the Gold Sun Discs
The Discs Of Gold Project - Origin Project named after the two Gold “Sun Discs” found in Tydavnet, County Monaghan, adjacent to the Company’s licence acreage These magnificent gold ornaments date from over 4000 years ago GOLD “SUN DISCS”, FOUND IN COUNTY MONAGHAN, 2200-2000 BC
Slide 5: Gold in Ireland
The Discs of Gold Project - Gold in Ireland Historic Gold Ornaments dating back over 4,000 years Wicklow Gold Rush of 1795 Clontibret Gold Deposit - 1st Outcrop discovery 1956 Cavanacaw Gold Mine - started production in 2006 Gold found in Co. Monaghan 1956 Curraghinalt Deposit (Dalradian R
Slide 6: Investment Opportunity
Conroy Gold - Discs Of Gold Project Investment Opportunity The Investment opportunity includes: The Clontibret Gold Deposit which shares geological similarities to the Fosterville Gold Mine in Australia, one of richest gold mines in the world Two new district scale gold trends (Orlock Bridge (
Slide 7: Board and Senior Management
Board and Senior Management Richard Conroy John Sherman (Executive Chairman) (Deputy Chairman) Professor Richard Conroy has been involved a number of major John Sherman has over 25 years of public markets investment experience mining discoveries, including the Galmoy zinc orebodies which led as an e
Slide 8: Excellent Technical Team
Excellent Technical Team Marian Moroney Andrew Murrells (Director) (Senior Geologist) Marian is a recognised and accomplished leader in the Andrew Murrells has over 15 years of international mineral exploration and mining industry with over 30 years’ experience, working in Liberia and Cameroon on go
Slide 9: Management Track Record
The Discs Of Gold Project – Management Track Record Highly experienced and successful board and management team with a track record of success associated with: Galmoy zinc deposit in Ireland Pogo (5Moz) gold deposit in Alaska Lisheen zinc discovery in Ireland Grey Fox gold project in Canada Cur
Slide 10: Management Track Record in Mine Development and Environmental Acceptability
The Discs Of Gold Project – Management Track Record in Mine Development and Environmental Acceptability Management were involved in the development of both the Galmoy and Lisheen mines in Ireland Galmoy, Lisheen and Tara are quoted as text book examples of modern environmentally acceptable major min
Slide 11: 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 Resourc
Slide 12: Pipeline of Gold Targets being developed
The Discs Of Gold Project Pipeline of Gold Targets being developed Reserve Definition & Economic Studies Clontibret Advanced Exploration Clay Lake Drill Testing Creenkill Glenish Slieve Glah Target Identification Rockcorry & Delineation Bocks Tullyvin Generative Orlock Bridge Skullmartin Gold Trend
Slide 13: Geology and the Major Gold Target Areas in the North of Ireland
Geology and the Major Gold Target Areas in the North of Ireland CLONTIBRET 0.5Moz @ 2 g/t Au resource (320Koz Au Indicated and 197Koz Au Inferred) on only 20% of the gold-in-soil footprint CURRAGHINALT Orlock Bridge (Dalradian) Fault Zone (OBFZ) CAVANACAW (Galantas) Skullmartin Fault Zone (SFZ) Conr
Slide 14: Clontibret Gold Deposit – All the right geological ingredients
The Discs Of Gold Project - Clontibret Gold Deposit All the right geological ingredients Strong geological analogies between Fosterville (10Moz), Queensway and Disc Project : Similar host rocks (age and lithologies) Curraghinault (+6Moz Au) Similar structural evolution / setting Disc Project
Slide 15: Clontibret / Fosterville - Geological Comparison
The Discs Of Gold Project Clontibret / Fosterville - Geological Comparison Both Clontibret and Fosterville formed by an Orogenic Lode gold system Both hosted within a Ordovician age folded turbidite sequence of interbedded sandstones, siltstones and shales metamorphosed to sub-greenschist facies
Slide 16: Clontibret Deposit – Barely scratched the surface
Clontibret Deposit …. Barely scratched the surface At Fosterville the occurrence of visible gold becomes increasingly significant at depth (~800m) The majority of drilling at Clontibret to less than 200m and a maximum depth of 350m Fosterville - Swan Mineral Reserve of 2.34Moz grading at 49.6
Slide 17: Clontibret Gold Deposit
The Discs Of Gold Project – Clontibret Gold Deposit The Clontibret gold deposit lies on the Orlock Bridge Gold trend CLAY LAKE Trenching (Corcaskea) CLONTIBRET 16.5m @ 6.5 g/t Au GLENISH 11.0m @ 5.3 g/t Au GLENISH – CLONTIBRET – CLAY LAKE 17km GOLD DISTRICT Lisglassan Stream Outcrop LEGEND 5.6 g/t A
Slide 18: Clontibret Gold Deposit Cross-Section
The Discs Of Gold Project – Clontibret Gold Deposit Cross-Section Potential Expansion of Resource to Depth 8.6m @ 3.0 g/t Au 7.0m @ 9.3 g/t Au 30.4m @ 3.0 g/t Au Depth CDG55A CL848 CDG14 (330080N) CDG15CDG-03-14 W CLA7 CL846CL832 E 9.0m @ 2.6 g/t Au 8.1m @ 5.5 g/t Au 56.5m @ 0.6 g/t Au (330150N) VER
Slide 19: Clontibret Stream Section - Plan View, Longitudinal Section and Lode Outcrop
The Discs Of Gold Project – Clontibret Gold Deposit: Clontibret Stream Section - Plan View, Longitudinal Section and Lode Outcrop PLAN VIEW OF STREAM LODE OUTCROP IN STREAM CLONTIBRET STREAM 2.4 g/t Au 230 Legend Geology 2.8 g/t Au 2.4 g/t Au Gold Tullybuck Lode Mine SECTION ALONG CLONTIBRET STREAM
Slide 20: Clontibret Drilling Highlights
The Discs Of Gold Project – Clontibret Drilling Highlights Clontibret – Drilling with High Gold Grades and Intersections Au (g/t) Metres Depth Au (g/t) Metres Depth 24.4 1.0 From 185.9m (CDG-18-07) 1.0 94.5 From 164.0m (TW001) 22.4 1.0 From 95.0m (CDG-03-14) 3.0 30.4 From 30.4m (CDG3) 21.6 1.2 From
Slide 21: Clontibret Deposit 3D Model
The Discs Of Gold Project – Clontibret Deposit 3D Model GOLD LODES AND STOCKWORK
Slide 22: Resource, Scoping Study and Metallurgical Testwork
The Discs Of Gold Project – Clontibret Gold Deposit Resource : Scoping Study and Metallurgical Testwork 517Koz JORC (2012) resource (320Koz Au Indicated and 197Koz Au Inferred at 2 g/t Au) estimated in 2017 on only 20% of the gold-in-soil footprint of the Clontibret target The Clontibret gold de
Slide 23: Mining and Development Plan
The Discs Of Gold Project – Clontibret Gold Deposit Mining and Development Plan Phase 1: Development of Starter Pit (or underground mine). BIOX Processing recommended Phase 2: Extension of Starter Pit and / or underground mine Phase 3: Development of satellite pits and / or underground mines a
Slide 24: Clontibret / Fosterville – Mining Comparison
The Discs Of Gold Project - Clontibret / Fosterville – Mining Comparison Initial mining at Clontibret an open pit as at Fosterville Fosterville head grade was 2.3 g/t Au, Clontibret head grade is 2.0 g/t Au Processing at Fosterville by Bacterial oxidation (BIOX) - also recommended for Clontibr
Slide 25: Mining and Development – Planning Permission
The Discs Of Gold Project – Mining and Development Clontibret Gold Deposit PLANNING PERMISSION The Clontibret deposit located in County Monaghan is only c.30km from the Saint Gobain group mines gypsum project in the same County. This operation is a large (1km wide) open pit and underground operation
Slide 26: Mining and Development – Government Support
The Discs Of Gold Project – Mining and Development Minister for Mines visit Conroy Gold Booth in Toronto GOVERNMENT SUPPORT The governments of Ireland and Northern Ireland are highly supportive of the mining industry. The Irish government has undertaken to make decisions on major new projects within
Slide 27: Pipeline of Gold Targets
The Discs Of Gold Project – Pipeline of Gold Targets In addition to the Clontibret gold deposit a pipeline of other gold targets have been discovered by the Company along the Orlock Bridge and Skullmartin Gold Trends Clay Lake, Glenish, Slieve Glah, Rockcorry and Tullyvin lie along the Orlock Br
Slide 28: Pipeline of Gold Targets being developed
The Discs Of Gold Project Pipeline of Gold Targets being developed Reserve Definition & Economic Studies Clontibret Advanced Exploration Clay Lake Drill Testing Creenkill Glenish Slieve Glah Target Identification Rockcorry & Delineation Bocks Tullyvin Generative Orlock Bridge Skullmartin Gold Trend
Slide 29: Geology
The Discs Of Gold Project – Geology Modified after Geological Survey of Ireland 50k mapping 29
Slide 30: Advanced Exploration – Clay Lake Gold Target
The Discs Of Gold Project – Advanced Exploration Clay Lake Gold Target Clay Lake gold target, an extensive drill-tested gold target c 7.5km to northeast of Clontibret gold deposit Potential for high tonnage and multi-million ounce gold content Over 3km in length and in places 2km wide Gold i
Slide 31: Advanced Exploration – Clay Lake Gold Target
The Discs Of Gold Project – Advanced Exploration Clay Lake Gold Target CLAY LAKE CLONTIBRET Derryhennet CLONTIBRET – CLAY LAKE Camagh Cargalisgorran
Slide 32: Clay Lake Gold Target - Adjacent Potential
The Discs Of Gold Project – Advanced Exploration Clay Lake Gold Target - Adjacent Potential Stream Pan Concentrate 804.7 g/t Au (7.13g) Clay Lake Clay Lake Nugget (Gold content 28 gm) Strachan's Lough Soil Geochem 141 ppb Au
Slide 33: Drill Testing – Creenkill Gold Target
The Discs Of Gold Project – Drill Testing Creenkill Gold Target The Creenkill Gold Target, a new (February 2023) discovery, located 20km southeast of Clontibret along the Skullmartin gold trend 123.0 g/t (4 oz) gold in quartz breccia with visible (native) gold Gold bearing (Quartz breccia) outcr
Slide 34: Drill Testing – Slieve Glah
The Discs Of Gold Project – Drill Testing Slieve Glah The Orlock Bridge Fault Zone undergoes a significant strike-swing at Slieve Glah Gold-in-soil geochemistry Target 4 identified four 3km long Orlock Bridge gold targets at Slieve Glah Fault Zone Target 3 Rock chip samples of up to 1.7 g/t Au
Slide 35: Drill Testing – Glenish
The Discs Of Gold Project – Drill Testing Glenish CLAY LAKE CLONTIBRET GLENISH An extensive gold geochemical anomaly larger than Clontibret Channel samples up to 1.0m @ 9.4 g/t Au in Drill Hole Metres g/t Au bedrock GL5 2.2 1.3 Target lies on major GL10 2.3 2.7 structure where Glenish GL13 1.8
Slide 36: Target Identification & Delineation – Rockcorry, Tullyvin and Bocks
The Discs Of Gold Project – Target Identification & Delineation Rockcorry, Tullyvin and Bocks Rockcorry Along the Orlock Bridge Gold trend, c.14km to southwest of Clontibret gold deposit (Deep Overburden (DOB) samples Max 442ppb Au). Target identified and is at drill ready status Tullyvin Also a
Slide 37: Potential
The Discs Of Gold Project – Potential Proven economic mineralisation at Clontibret – 517Koz, PEA key stats (11yr mine life, 49% IRR, 2yr payback) Barely scratched the surface – Clontibret - open at depth and down plunge c/f Fosterville Two district scale gold trends – Largest gold-in-soil tren
Slide 38: Investment Case
The Discs Of Gold Project – Investment Case Estimated project value of Clontibret Proven economic mineralisation at Clontibret • 517Koz, PEA key stats (11yr mine life, 49% IRR, 2yr payback) Comparison with Fosterville Seven further major targets identified Land position secured – licences
Slide 39: The Discs of Gold Project
CONROY GOLD AND NATURAL RESOURCES PLC THE DISCS OF GOLD PROJECT www.conroygold.com
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