Release date- 14082019 - Conroy Gold and Natural Resources plc (AIM: CGNR), the gold exploration and development Company focused on Ireland and Finland, is pleased to report that assay results from two 'Scout' drill holes have identified a new gold zone on Target Area 1 of its Slieve Glah exploration property on its licence area in the Longford Down Massif in Ireland.
Drilling identifies 11 metre new zone of gold mineralisation in Slieve Glah Target Area 1
The new gold zone is located over 1.5km from the gold mineralised zone in Slieve Glah Target Area 2 and over 5.5km from the gold mineralisation in Slieve Glah Target Area 4
Two 'Scout' drill holes, totalling 308 metres, were drilled in Slieve Glah Target Area 1.
The Slieve Glah target has a series of four huge / extensive gold-in-soil Target Areas located at the south western end of the 65km (40mile) gold tend discovered by the Company in the Longford-Down Massif.
At Slieve Glah the Orlock Bridge Fault undergoes a significant flexure, such flexures are associated with significant gold deposits and, in the Directors view, Slieve Glah is a very large and promising target with considerable gold potential and will form an important element of the ongoing work programme.