REG - Conroy Gold&Nat Res - Directorate Change

Conroy Gold and Natural ResourcesAnnouncement

03/03/2025 07:15

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RNS Number : 0532Z  Conroy Gold & Natural Resources PLC  03 March 2025

 3 March 2025

Conroy Gold and Natural Resources plc

("Conroy Gold" or the "Company")

 

Director Resignation

Conroy Gold (AIM: CGNR), the Irish-based resource company focused on advancing
its "Discs of Gold" project in Ireland, regrets to announce the resignation,
effective from 28 February 2025, of Non-Executive Director Ms. Marian
Moroney.  Ms. Moroney has accepted a senior executive role with BHP Group
Ltd, being appointed as Head of Prospect Evaluation.  She has elected to step
down from the Board of Conroy Gold due to potential conflicts of interest that
may arise with her new executive role.

Ms. Moroney commented:

"I am grateful for the opportunity to have served on the board and contributed
to the company's vision and growth over the past year. I wish the Board and
the Company continued success in all its endeavours as it advances its 'Discs
of Gold Project'."

 

On behalf of the Board and staff, John Sherman, Chairman of Conroy Gold,
commented:

 

"With her knowledge, passion, and directness, Marian has made an immeasurable
contribution to the development of the Company and its "Discs of Gold"
project.  She leaves the Board with our deep appreciation for her service and
friendship.  We wish her every success in her new position."

 

 

 

 For further information please contact:

 

 Conroy Gold and Natural Resources plc  Tel: +353-1-479-6180
 John Sherman, Chairman

 Maureen Jones, Managing Director
                                         Tel: +44-20-3328-5656

 Allenby Capital Limited (Nomad)
 Nick Athanas/Nick Harriss

 Peterhouse Capital Limited (Broker)     Tel: +44-20-7469-0930

 Lucy Williams / Duncan Vasey

 Lothbury Financial Services             Tel: +44-20-3290-0707
 Michael Padley
                                        Tel: +353-1-660-9377

 Hall Communications
 Don Hall

 

Visit the website at: www.conroygold.com (http://www.conroygold.com)

 

About the "Discs of Gold" Project
Conroy Gold's "Discs of Gold" project in Ireland is defined by two parallel
district scale gold trends, extending over c.90km, which are 100% held under
license by the Company, and anchored by the Clontibret gold deposit.  The
Clontibret target area contains a currently defined 517Koz gold resource @ 2.0
g/t Au (320Koz Au Indicated and 197Koz Au Inferred (2017)) which remains open
in multiple directions.   The Company has identified a further seven gold
targets in its license area with the Clay Lake and Creenkill gold targets
being of particular interest.  Gold occurs in multiple styles in the
Company's license area, including free gold, refractory gold in arsenopyrite
and gold associated with pyrite and antimony (stibnite), suggesting multiple
hydrothermal events seeded the deposit. There are clear geological analogies
between the "Discs" targets and large gold deposits in Southeastern Australia
and Atlantic Canada.

 

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