RE: Interview3 Jul 2022 13:06
http://www.conroygoldandnaturalresources.com/projects/clontibret
Just a reminder, sure you have all seen it but maybe one or two have not.
"A (JORC 2012) estimated resource of 320,000 Oz Au Indicated, 197,000 Oz Au Inferred, (517,000 Oz Au), at an overall grade of 2 g/t Au, has been established on a fraction of the Clontibret gold target area with the majority of the drilling to date to a depth of less than 200m and a maximum vertical depth of 350 metres.
A preliminary economic assessment (PEA) at a gold price of US$1,372 has been undertaken by independent consultants Coffey (Tetra Tech), demonstrating both financial and technical viability with an NPV (8) US$72.3m and IRR 49.4% and payback within year 2."
"Drill results at Clontibret have shown high gold grades and intersections including: 24.4g/t Au over 1.0 metre, 21.6g/t Au over 1.2 metres, 9.2g/t Au over 3.9 metres and 6.1g/t Au over 5.0 metres"
And then going to the recent Stockbox interview...The Prof says
and i think this is a first....some indication of when the first mine planning will be put forward.
Suggests the results from the 2 holes recently drilled will be decent...imo