REG-Conroy Gold & Natural Resources Plc: Gold anomalies discovered along Skullmartin

Conroy Gold and Natural ResourcesAnnouncement

08/07/2025 07:02

8 July 2025


 

 

Conroy Gold and Natural Resources plc

("Conroy Gold" or "the Company")

 

FIVE GOLD ANOMALIES DISCOVERED ALONG SKULLMARTIN GOLD TREND

 
* Skullmartin Gold trend expands to over 30km in length
 
* Successful first pass identifies substantial gold anomalies; Moyer at 3km by
3km and Shanco at 3km by 1km
 

Conroy Gold and Natural Resources PLC (AIM: CGNR) is pleased to report
excellent results from the Company's sampling programme which has led to the
discovery of five additional gold anomalies along the Skullmartin gold trend,
which now extends to over 30km in length running Northeast to Southwest in the
Longford - Down massif in Ireland.

 

The new anomalies are additional to Creenkill and Bocks, and are namely
Clarebane, Knockreagh, Shanco, Taghart and Moyer. Two of the anomalies, being
Moyer at 3km by 3km and Shanco at 3km by 1km, cover substantial areas. The
regional programme has been very successful at first pass in identifying
substantial gold anomalies for further follow up, prospecting and sampling. 

 

The anomalies confirm the prospectivity of the Skullmartin gold trend which
also hosts multiple gold mineralisation styles including disseminated visible
gold in a quartz breccia outcrop at Creenkill to the north east of the trend
(where the Company returned the highest gold assay results since the Company
began exploration in the Longford -Down massif).  The location of the
discoveries are set out in the below map:


 

 

The assay results received from ALS OMAC Laboratories Limited, Loughrea were
based on the selection of 265 soil samples of the 468 soil samples collected
across the Skullmartin gold trend on a 1km2 or 500m2 bases (announced by the
Company on 13 February 2025) as part of the licence work commitments carried
out over the last 2 years. Thirty of the regional samples had gold-in-soil
assay results greater than 5ppb Au up to a maximum of 82ppb Au (anomalies
greater than 10ppb gold-in-soil in the Longford-Down Massif tend to be
associated with gold-in-bedrock) and enabled the identification of 5
additional gold anomalies.

 

Mr John Sherman, the Company's Chairman, commented: "This is a positive step
forward with the identification of five new gold anomalies bringing the total
on the expanded 30km length Skullmartin trend to seven to date. These
discoveries, while early stage, significantly support the exploration
potential along the Skullmartin trend where free gold in outcrop with values
of up to 123.0g/t Au have been discovered at Creenkill."

 

About the Skullmartin Gold Trend

Conroy Gold's Skullmartin trend was discovered by the Company in 2022, is
located 20km to the south of the Orlock Bridge gold trend and runs parallel to
the Orlock Bridge gold trend.  It extends for over 30km and presently
comprises seven exploration gold targets. One at Creenkill in Northern Ireland
and six at Bocks, Clarebane, Knockreagh, Shanco, Taghart and Moyer in the
Republic of Ireland. 

 

The Creenkill gold target followed by the Bocks gold target are the Company's
most advanced targets on the Skullmartin gold trend followed by the recent
discoveries, particularly Moyer at 3km by 3km and Shanco at 3km by 1km.

 

At the Creenkill gold target the Company has discovered a quartz breccia
outcrop which has returned assay results of 123.0 g/t (4 oz) with visible
(native) gold (announced by the Company on 22 February 2023). The assay
results are the highest gold assay results since the Company began exploration
in the Longford - Down massif and indicates the potential for free gold in the
licence areas.

 

Creenkill also has multiple gold mineralisation styles present with
disseminated visible gold in the quartz breccia outcrop and a zone of
arsenopyrite fault gouge grading 1.7 g/t Au running nearly parallel to the
quartz breccia outcrop at 100m to the northwest of the outcrop. There are also
quartz-pyrite veins giving grades of 2.7 g/t Au running nearly perpendicular
to the quartz breccia outcrop.

 

Initial trenching at quartz breccia outcrop gave 1.0m @ 64.3 g/t Au and
drilling intersected and 1.2m @ 3.8 g/t Au. Trenching thirty five metres to
the southwest of the quartz breccia outcrop has identified what is interpreted
to be the same zone assaying 17.5 g/t. Approximately one hundred and fifteen
metres from the quartz breccia outcrop to the northeast initial trenching and
drilling intersected 1.0m @ 6.5 g/t Au and 0.5m @ 11.5 g/t Au. These results
to the southwest and northeast of the quartz breccia outcrop extend the
surface extent of the zone to approximately 150 metres in length and it
remains open.

 

Twelve kilometres to the southwest of the Creenkill gold target along the
Skullmartin gold trend lies the Bocks gold target covering an area of 1.5km by
1.1km.

 

This release has been approved by Kevin McNulty PGeo, who is a member of the
Company's technical staff and 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.

 

 

 

For further information please contact:

 Conroy Gold and Natural Resources PLC                                                          Tel: +353-1-479-6180                            
 John Sherman, Chairman Maureen Jones, Managing Director                                                                                        
 Allenby Capital Limited (Nomad)                                                                Tel: +44-20-3328-5656                           
 Nick Athanas / Nick Harriss / Lauren Wright                                                                                                    
 Peterhouse Capital Limited (Broker) Lucy Williams / Duncan Vasey  Lothbury Financial Services  Tel: +44-20-7469-0930    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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