REG-Conroy Gold & Natural Resources Plc: New Gold Target Discovered <Origin Href="QuoteRef">CDG.I</Origin> <Origin Href="QuoteRef">CGNR.L</Origin>

Conroy Gold and Natural ResourcesAnnouncement

16/06/2015 07:00

16 June 2015

                     Conroy Gold and Natural Resources plc                     

                          ("Conroy" or "the Company")                          

             NEW GOLD TARGET DISCOVERED IN COUNTY MONAGHAN, IRELAND            

  * New Discovery Located Within Existing 30 Mile (50Km) Gold Trend
   
  * Target Is An Extensive (700m by 300m) Gold-in-Soil Anomaly
   
    __________________________________________________________________
   
Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the gold
exploration and development company focused on Ireland and Finland, is pleased
to announce the discovery of an extensive (700m by 300m) gold-in-soil anomaly
near  Rockcorry in County Monaghan. The discovery lies approximately 7Km
Southwest of the Company's Glenish gold target in Co. Monaghan and 14Km South
west of Clontibret where the Company proposes to develop its first gold mine in
the area.

The discovery is located within the 30 mile (50Km) gold trend that the Company
has outlined and its position, Southwest of the Company's Glenish gold target
and Northeast of the Company's Slieve Glah gold target, adds further evidence
as to the continuity of this gold trend. This gold trend runs from County
Armagh in Northern Ireland across Counties Monaghan and Cavan in the Republic
of Ireland. The trend lies along the major geological structure known as the
Orlock Bridge Fault.

Four gold-in-soil samples in the anomaly were above 20ppb gold and a further
five above 10ppb gold. The anomaly will be further investigated but from the
Company's   experience such levels of gold-in-soil samples have tended to be
associated with gold-in-bedrock. The anomaly remains open  on its Northern
side.

This release has been approved by Kevin McNulty PGeo, who is a member of the
Company's technical staff who holds a BSc/MSc in Geology and Remote Sensing, in
accordance with the guidance note for Mining, Oil & Gas Companies issued by the
London Stock Exchange in respect of AIM Companies, which outlines standards of
disclosure for mineral projects.

 Professor Richard Conroy, Chairman commented:

"This discovery confirms the gold potential of the Company's licences in the
area lying between the Company's existing gold targets to the Northwest at Clay
Lake, Clontibret, where a mine is being developed, and Glenish, as well as
those to the South at Slieve Glah."

For further information please contact:

Conroy Gold and Natural Resources plc                    Tel:               
                                                         +353-1-661-8958    
                                                                            
Professor Richard Conroy, Chairman                                          
                                                                            
Sanlam Securities UK Limited (Nomad)                     Tel:               
                                                         +44-20-7628-2200   
                                                                            
Virginia Bull/Simon Clements                                                
                                                                            
Hybridan LLP (Broker)                                    Tel:               
                                                         +44-20-3713-4580   
                                                                            
Claire Louise Noyce/Niall Pearson/William Lynne                             
                                                                            
IBI Corporate Finance Limited (ESM Adviser)              Tel:               
                                                         +353-766-234-800   
                                                                            
Ger Heffernan / Jan Fitzell                                                 
                                                                            
Lothbury Financial Services                              Tel:               
                                                         +44-20-3290-0707   
                                                                            
Michael Padley                                                              
                                                                            
Hall Communications                                      Tel:               
                                                         +353-1-660-9377    
                                                                            
Don Hall                                                                    

Visit the website at: www.conroygold.com



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