27 July 2011
Conroy Gold and Natural Resources plc
("Conroy" or "the Company")
Preliminary Environmental Studies at Clontibret Gold Project Completed
* Detailed environmental monitoring and site assessments initiated
* Ecological studies underway
* Surface water monitoring locations established
* Weather station installed
Conroy (AIM: CGNR; ESM: CGNR.I), is pleased to announce that further to the
announcement of 8 July 2010 Golder Associates ("Golder") has completed its
preliminary environmental studies at its Clontibret gold project in Co.
Monaghan, Ireland, where the Company plans to develop a gold mine.
Detailed environmental monitoring and site assessments have now been initiated
by Golder. Ecological studies have also commenced, surface water monitoring
locations have been established and a weather station has been installed.
Other aspects of the detailed environmental assessments will include hydrology,
hydrogeology, socio-economic, soil and land uses, historic environment and
cultural heritage, air quality, noise and vibration, nature conservation,
landscape and visual impact, traffic and transportation, consultation with
stakeholders, treatment processes, tailings disposal and a detailed restoration
plan.
Further announcements will be made in due course as to progress regarding the
Clontibret Project.
Commenting, Chairman, Professor Richard Conroy said:
"I am delighted at the excellent progress achieved to date. The preliminary
studies have been completed and the detailed environmental impact assessment
(EIA), a key element in the planning process, has now been initiated. This is
another step in progressing the development of the mine."
Further Information:
Conroy Gold and Natural Resources plc Tel: +353-1-661-8958
Professor Richard Conroy, Chairman
Merchant Securities Limited (Nomad) Tel: +44-20-7628-2200
Simon Clements/Virginia Bull,
XCAP Securities PLC (Broker) Tel: +44-20-7101-7070
John Grant/ Karen Kelly/ David Lawman
IBI Corporate Finance Limited (ESM Adviser) Tel +353-1-637-7800
Brian Farrell
Lothbury Financial Services Tel: +44-20-7868-2010
Michael Padley/Michael Spriggs
Hall Communications Tel: +353-1-660-9377
Don Hall
Visit the website at: www.conroygoldandnaturalresources.com