REG-Conroy Gold & Natural Resources Plc: Positive results from infill drilling at Clontibret <Origin Href="QuoteRef">CDG.I</Origin> <Origin Href="QuoteRef">CGNR.L</Origin>

Conroy Gold and Natural ResourcesAnnouncement

03/06/2015 07:00

3 June 2015

                     Conroy Gold and Natural Resources plc                     

                          ("Conroy" or "the Company")                          

              POSITIVE RESULTS FROM INFILL DRILLING AT CLONTIBRET              

  * Grades of 20.05 g/t Gold over 1 Metre and 14.10 g/t Gold over 0.25 Metres

  * Gold Mineralisation Zone Extended - Orebody Open at Depth and Along Strike

  * Gold Mineralisation at Depth Confirmed

  * Stockwork Zone - Gold Intercepted at 340.5 Metres - Deepest Intersection to
    Date
   
    ­­­________________________________________________________________

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 further results from its infill drilling programme in relation to
the mining plan for the development of its Clontibret gold and antimony project
in County Monaghan, Ireland.

The drilling results include an intersection in one hole of 1 metre of 20.05 g/
t gold, at a depth of 94.5 metres, 1.5 metres of 3.5 g/t gold at a depth of
40.5 metres, 1 metre of 3.4 g/t gold at a depth of 36.5 metres, 1.5 metres of
2.16 g/t gold at a depth of 27 metres and 1 metre of 2.4 g/t gold at a depth of
138.5 metres.

In a further drill hole 0.25 metres of 14.1 g/t gold at a depth of 119.5
metres, 0.25 metres of 8.44 g/t gold at a depth of 36.75 metres, 1.25 metres of
1.67 g/t gold at a depth of 42.25 metres and 2 metres of 1.88 g/t gold at a
depth of 75 metres were intersected.

Drilling in one of these holes was continued in order to intersect the
stockwork zone at depth (the gold orebody at Clontibret comprises both lode
zones and a stockwork zone). The results within the stockwork zone included a
series of five, one metre intersections of gold at a grade of approximately 1g/
t gold, or over, down to a depth of 340.5 metres.  This is the deepest level to
date at which gold has been intersected at Clontibret and confirms that the
gold orebody at Clontibret remains open at depth. It is also open along strike.

The results provide evidence of continuity of gold mineralisation at depth and
enable the existing geological orebody model to be confirmed and the gold
mineralisation zone to be extended.

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:

"I am delighted with these further excellent drilling results at Clontibret,
which include more high grade gold mineralisation and demonstrate both the
continuity of the mineralisation and that the orebody is open at depth, as well
as being open along strike."

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                                                              
                                                                           
Lothbury Financial Services                  Tel: +44-20-3290-0707         
Michael Padley/Eleanor Moore                                               
                                                                           
Hall Communications                          Tel: +353-1-660-9377          
Don Hall                                                                   
                                                                           

Visit the website at: www.conroygold.com



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