Member Info for Yogi1

Newmont is good shout in my opinion. I suspect they are in discussions with a number of companies. At least they confirmed in the podcast that they are in discussions wit strategic partners and potential JV partners. Exciting time i think.

They have spelled it out for us. They are in discussions regarding a strategic partner and joint venture partner. The re-logging feeds into this but does not delay any deal signing, as it doesnt depent on relogging results. So deal/deals will land Q2, Q3, or Q4 according to the company.

There can be very unconvincing posters here talking negatively at every opportunity, like a broken record, doubting what the company are saying, but the bottom line is that the company have told the market what they are doing and thats what will happen. Simples!!! They are even giving timeframes these days. Why would they do that. Seriously are there posters here so childish that they must continuously deny what is blatantly obvious to every one else.

Listen to the podcasts they are spelling it out to you. If you are hearing something else, then you have problems.

I have been listening to recent interviews by Kevin and Cathal. Both are very impressive indeed. Kevin McNulty is a fantastic geologist and we are very lucky to have him. Cathal is a breath of fresh air bringing energy to both CGNR and KDR at a time when it was needed. You can tell listening to him that he is extremely bright. Both top men in my opinion.

Given Marian’s profile in the industry, it’s no surprise her endorsement of CGNRs projects carries a lot of weight and interest building .

Why would they waste their time with all that if nothing of value.

Agree, But It’s the RNS’s you need to read. For example:

https://www.conroygoldandnaturalresources.com/sites/default/files/2021%20March%209%20Drilling%20Targets%20Confirmed.pdf

Apology - I should have said £675,000 (1m Euro worth in 2006)

Absolutely DS

Market Cap is £1.46m. Simply daft. Sure CGNRs Finish licences alone were independently valued at £1m back when the price of gold was approx $500- $600, and that was long before exploration work brought them quietly to the drill ready stage.

DS, If a deal appears over the next few weeks, you will need to rethink your position.

This could easily move to a 40p - 60p trading range if a deal emerges. We saw before how quickly this can move on news.

Tend to agree with you Infinityx

3-4% of the company traded today. No surprise the volume is going up. Is news of a deal/deals close.

Buys are showing as sells here. Todays volume is almost all buys. Market Makers holding this back. This should be rising a lot further.

Ireland can be a ‘key player’ in Europe’s push for new mines to supply critical and rare minerals

The EU’s Critical Raw Materials Act comes into force this week with the ambition of increasing the supply of essential minerals

Daniel Murray

May 23, 2024....Business Post

Zinc, which Ireland is richly endowed with, does not currently meet the critical threshold for supply risk but remains of significant importance for the energy transition and the Irish economy."

But the IGI also claimed that for Ireland to play its part, more geoscientists are needed here with a greater emphasis required in second and third level education on geology as much of the current geoscience workforce in mineral exploration and mining are coming close to retirement age.

"With the CRMA comes greater career prospects for geoscientists," Ms Blackwell said.

"However, this opportunity needs to be matched by greater awareness, prioritisation, and investment in geology as a subject across the Irish education system."

"The next generation of geologists will be the backbone of sustainable mining practice essential to unlocking Ireland’s mineral exploration and mining potential."

eu critical materials rules could lead to new irish mines...23 may 2024....by will goodbody

business editor

new eu rules have come into effect aimed at ensuring the union has access to a secure and sustainable supply of critical raw materials.

the critical raw materials act (crma) is focused on protecting access to materials that are considered to be of high economic importance to the eu, but vulnerable to supply disruption.

at the moment the eu is heavily reliant on critical raw materials (crms) coming from outside the bloc, often from just one country, leaving it exposed to disruption.

but with demand for crms likely to rocket in the coming years as materials like lithium, copper and cobalt are increasingly used in clean energy and digital systems, the eu is seeking to safeguard its own supplies.

the regulation lists 34 crms that member states will have to put processes in place in order to enable projects around as well as a subset of 17 of those that are considered to be strategic.

benchmarks have also been set including having at least 10% of extraction, 25% of recycling and 40% of processing carried out locally within the eu.

those considered strategic will have access to a more streamlined and efficient permitting system and facilitated access to finance.

there will also be a designated authority or authorities in each state that will have to act as a single contact point for permits.

in ireland there will be one contact point for extraction and another for processing and recycling.

according to the institute of geologists of ireland (igi), with its rich geological landscape, historical mining track record and established permitting and regulatory regimes, ireland can be a key member state to help the eu meet its targets.

it says in practice this will require opening up to 15 new mines in the eu, including in ireland, exploring for new deposits here, particularly of zinc, and revisiting closed mines and mine waste facilities.

the igi also says more local processing facilities will have to be used, there will need to be additional recycling and metal recovery and a more streamlined permitting process.

"ireland is ahead of many countries in europe with a mature and established mining industry, accompanied by comprehensive geological data and developed regulatory systems," said emer blackwell of the igi.

"most have had limited mining experience in the last three decades compared to ireland where mining has evolved since the 1960s. it's clear that ireland can harness this experience to play a significant role in europe’s quest to secure the future supply of critical raw materials."

"with potential deposits of copper, lithium, baryte, antimony, and ****nic awaiting exploration, ireland’s role in diversifying the eu’s raw material supply is paramount.

In talks with a number of majors is how I see it

The Company continues to actively engage with interested parties to develop partnerships to accelerate and fund the next phases of the “Discs of Gold” project. The re-logging programme, including the work on the antimony potential of the Clontibret target, is helping to define and prioritise the investment choices to best progress the Discs of Gold project and build shareholder value.”

Ongoing discussions with potential strategic and financial partners…….so sounds like a number of interested parties