REG-Conroy Gold & Natural Resources Plc: DRILLING TO COMMENCE IN APRIL AT CLONTIBRET

Conroy Gold and Natural ResourcesAnnouncement

14/03/2022 07:00

14 March 2022

Conroy Gold and Natural Resources plc

(“Conroy Gold” or “the Company”)

STEP-OUT DRILLING PROGRAMME TARGETED TO COMMENCE IN APRIL AT CLONTIBRET
* Drilling programme designed and agreed with Joint Venture Partner
* Initially eight drill holes planned totalling c. 3,000m
* Primary objective to extend both the Lode and Stockwork Gold Mineralisation
Conroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and
development Company focused on Ireland and Finland, is pleased to announce a
step-out drilling programme on the Clontibret gold target in Ireland, in
conjunction with its Joint Venture partner Demir Export A.?. (“Demir
Export”).

The programme is part of the Joint Venture with Demir Export to further
explore and to develop the new district scale gold trend discovered by Conroy
Gold along the Longford-Down Massif in Ireland.

The initial programme will comprise eight drill holes totalling approximately
3,000m and is anticipated to commence in late April 2022.

The primary objective is to extend both the lode and the stockwork gold
mineralisation, with the majority of the drilling focused on the stockwork.
Both the stockwork and lode gold mineralisation are open for extension in all
directions and to depth.

The additional drilling will also add significantly to the geological
understanding of the whole Clontibret target and speed the progression towards
its development to construction ready status and bringing it into operation as
a gold mine.

Professor Richard Conroy, Chairman, commented: 

“We are very pleased to announce this initial 3,000m drill programme in
conjunction with our Joint Venture partner Demir Export. It is a further
important step towards our objective of the development of a gold mine at
Clontibret.”

For further information please contact:

 Conroy Gold and Natural Resources plc                                                      Tel: +353-1-479-6180               
 Professor Richard Conroy, Chairman                                                                                            
 Allenby Capital Limited (Nomad)                                                           Tel: +44-20-3328-5656               
 Nick Athanas/Nick Harriss                                                                                                     
 First Equity Limited (Broker) Jason Robertson   Lothbury Financial Services  Tel: +44-20-7330-1883    T el: +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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