The Company has delineated a 1 Millon+ oz (JORC-compliant) gold resource along a 50km (30 mile) gold trend from County Armagh across to Counties Monaghan and Cavan, along which it has identified a series of highly prospective gold targets. Conroy Gold and Natural Resources is a public company listed on the London Stock Exchange (AIM).
One Million+ oz Gold Resource at Clontibret
Resource delineated* on only 20% of the Clontibret target - largest discovered in Ireland or the UK - drilling expected to further increase resources.
At the most advanced target, Clontibret in County Monaghan, a mineral resource of over 1 million ounces of gold (Indicated 440,000 ounces, Inferred 590,000 ounces) has been delineated in an area representing less than 20% of the target. Drilling is continuing within the 20% area, and has commenced in the remaining 80% of the Clontibret target anomaly, which is expected to further increase this resource.
Latest Conroy Gold News
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Conroy Gold: Common Sense Q+A with Management
Written on Thursday, 12 January 2012 10:33 Be the first to comment! Read more...
Continuing with the "Common Sense" theme as featured in our 2012 Stock Picks article, Part I of which was published on Monday, we recently took the opportunity to put a few investor focused questions to the Management of Conroy Gold, which you can read below, together with MiningMaven's recent synopsis on the company.
On 16th December the company announced an update to their scoping study, subsequent to which, on 21st December both the Chairman and the Managing Director informed the market that they had increased their shareholding in the company.
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Conroy Gold: Developing a gold mine in Ireland….
Written on Sunday, 28 August 2011 11:27 Be the first to comment! Read more...
On the 12th March 2011 we first wrote about Conroy Gold and Natural Resources (LON:CGNR) (‘Conroy Gold’) and discussed the thirty mile gold trend they were exploring in Ireland. Conroy Gold has, to date, assembled in excess of one million ounces of JORC gold at its Clontibret project, with 440,000 ounces indicated and 590,000 ounces inferred.
Based on the January 2010 Edison Gold report, using their discounted benchmark levels of $34 per ounce inferred and $159 per ounce indicated meant Conroy’s gold ‘bank’ or, at least, the resource in the ground, could be worth around £55million or 24p per issued share.
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Conroy Gold : Exploration Campaign Q&A
Written on Tuesday, 21 June 2011 06:36 Be the first to comment! Read more...
Conroy Gold and Natural Resources (LON:CGNR) : Exploration Campaign Q&A
This morning the company updated the market with further positive results from its infill drilling campaign in Clontibret. Readers should note this that Q&A was prepared prior to the announcement of todays results:
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Conroy Gold and Natural Resources: - Ireland’s World Class Gold Potential!
Written on Sunday, 03 April 2011 16:27 Be the first to comment! Read more...
When we first came across Conroy Gold and Natural Resources we were extremely cautious. Exploration is a risky business at the best of times and history is littered with countless stories of explorers with grandiose plans, very few of which ever amount to more than a hill of beans.
But when it comes to speculation, this sector is irrepressible. That’s the excitement and that’s what draws us. The hard part and certainly where the skill comes in, is separating the genuine opportunities from the pipe dreams – and then embracing the risk for what it is before aligning our money with our mouths!
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Conroy Gold and Natural Resources: A Thirty Mile Gold Trend!!
Written on Saturday, 12 March 2011 17:04 Be the first to comment! Read more...
Conroy Gold and Natural Resources (LON:CGNR) A Thirty Mile Gold Trend!!
There is something quite peculiar about the stock market. Notwithstanding the Efficient Markets Hypothesis which suggests that market prices will reflect all publicly known information; experience has taught us that markets are often far from efficient and quite often irrational - at least in the short term.
But for those familiar with Benjamin Grahams 1949 Classic “The Intelligent Investor” we are probably going over old ground. The fact seems to be that prices of individual shares can move from significantly undervalued to overvalued and particularly on the AIM market, these moves can be quite rapid and dramatic. So when “Mr Market”, notorious for his wild mood-swings, is feeling a bit down in the mouth, the keen eyed investor is often presented with a fairly decent buying opportunity.
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