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 […]
Tag: Orlock Bridge Fault
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 appoints John Sherman as chairman
Conroy Gold and Natural Resources plc appointed its deputy chairman John Sherman as chairman with immediate effect. DISCS OF GOLD His appointment follows the death last month of the company’s founder and executive chairman Richard Conroy. Mr Sherman is Professor Conroy’s son-in-law. Conroy has also named its licence area as the Discs of Gold project, […]
Conroy identifies second gold trend
Conroy Gold and Natural Resources plc has discovered a second gold trend in the Longford-Down Massif after linking a new gold target to one found last month. SKULLMARTIN FAULT Assay results reported today from gold-in-soil sampling on prospecting licence 4554 in County Monaghan showed values greater than 10 parts per billion (ppb) gold over a […]