Conroy Gold and Natural Resources plc has received all the proceeds and closed its non-brokered private placement of 16,412,500 new ordinary shares of €0.001 each, to raise £1,313,000. The funds will be used to advance the company’s base and precious metals exploration licences across the Irish border and for general working capital. Long-term value investors […]
Tag: Conroy Gold and Natural Resources plc
Conroy increases fundraise to £1.3m
Conroy Gold and Natural Resources plc has increased its £800,000 fundraise to £1.3 million after receiving more interest than expected, mainly from long-term investors in North America. The company, which is exploring for metals in Ireland and diamonds in Finland, held a non-brokered private placement at a price of eight pence per ordinary share of […]
Conroy proposes £800,000 fundraise
Conroy Gold and Natural Resources plc plans to raise up to £800,000 to progress drill testing on its gold licences in Ireland. Phase II drilling will target the Orlock Bridge Fault extension, from Clay Lake in Co. Armagh towards Clontibret in Co. Monaghan. The company will also drill at Clontibret, which is an anchor for […]
Conroy drill tests Orlock Bridge Fault extension
Conroy Gold and Natural Resources plc has started phase II drilling which will test the Orlock Bridge Fault extension, from Clay Lake in Co. Armagh towards Clontibret in Co. Monaghan. STOCKWORK The company previously interpreted a structural trend between the broad gold-bearing stockwork zones at Clay Lake and the stockwork zone in Clontibret, which has […]
Conroy interprets gold continuity towards Corcaskea
Conroy Gold and Natural Resources plc has interpreted continuity of gold between the Clontibret deposit and the Corcaskea area in County Monaghan, Ireland. GRADE The results are from step-out drill hole CGC-25-005, which intersected nine gold zones/lodes, to the north on the Eastern Zone lodes at Clontibret. Returns include 4.8 metres at 1.3 grammes per […]
Conroy identifies growth potential at Clontibret
Conroy Gold and Natural Resources plc has identified a “significant intensely altered zone”, which could lead to a “concealed hydrothermal gold system” and further gold mineralisation at Clontibret in Co. Monaghan, Ireland. ZONES The findings are from two holes, part of a 2,000-metre programme, drilled to test the northern strike extension of the central gold […]