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Environmental Study Update

27 Jul 2011 07:00

27 July 2011 Conroy Gold and Natural Resources plc ("Conroy" or "the Company")

Preliminary Environmental Studies at Clontibret Gold Project Completed

* Detailed environmental monitoring and site assessments initiated * Ecological studies underway * Surface water monitoring locations established * Weather station installed

Conroy (AIM: CGNR; ESM: CGNR.I), is pleased to announce that further to the announcement of 8 July 2010 Golder Associates ("Golder") has completed its preliminary environmental studies at its Clontibret gold project in Co. Monaghan, Ireland, where the Company plans to develop a gold mine.

Detailed environmental monitoring and site assessments have now been initiated by Golder. Ecological studies have also commenced, surface water monitoring locations have been established and a weather station has been installed.

Other aspects of the detailed environmental assessments will include hydrology, hydrogeology, socio-economic, soil and land uses, historic environment and cultural heritage, air quality, noise and vibration, nature conservation, landscape and visual impact, traffic and transportation, consultation with stakeholders, treatment processes, tailings disposal and a detailed restoration plan.

Further announcements will be made in due course as to progress regarding the Clontibret Project.

Commenting, Chairman, Professor Richard Conroy said:

"I am delighted at the excellent progress achieved to date. The preliminary studies have been completed and the detailed environmental impact assessment (EIA), a key element in the planning process, has now been initiated. This is another step in progressing the development of the mine."

Further Information:

Conroy Gold and Natural Resources plc Tel: +353-1-661-8958 Professor Richard Conroy, Chairman Merchant Securities Limited (Nomad) Tel: +44-20-7628-2200 Simon Clements/Virginia Bull, XCAP Securities PLC (Broker) Tel: +44-20-7101-7070 John Grant/ Karen Kelly/ David Lawman IBI Corporate Finance Limited (ESM Adviser) Tel +353-1-637-7800

Brian Farrell Lothbury Financial Services Tel: +44-20-7868-2010

Michael Padley/Michael Spriggs

Hall Communications Tel: +353-1-660-9377 Don Hall

Visit the website at: www.conroygoldandnaturalresources.com

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