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Intercepts from Step-Out Drilling at Clontibret

22 Jun 2026 07:00

Conroy Gold & Natural Resources Plc - Intercepts from Step-Out Drilling at Clontibret

Conroy Gold & Natural Resources Plc - Intercepts from Step-Out Drilling at Clontibret

PR Newswire

LONDON, United Kingdom, June 22

 

22 June 2026

 

Conroy Gold and Natural Resources plc

("Conroy Gold" or "the Company")

 

INTERCEPTS FROM STEP-OUT DRILLING ON EASTERN ZONE AT CLONTIBRET INCREASE CONFIDENCE IN CONTINUITY TOWARDS CORCASKEA

Highlights

Increased continuity interpreted from Eastern Zone lodes towards Corcaskea 4.8 metres at 1.3 g/t Au, including 0.9m @ 3.1 g/t Au 1.0 metre at 2.7 g/t Au

Conroy Gold and Natural Resources plc (AIM: CGNR) is pleased to announce assay results from drillhole CGC-25-005 at Clontibret.   Drillhole CGC-25-005 represents a step-out to the north on the Eastern Zone lodes and is interpreted to demonstrate increased confidence in the continuity between the Clontibret deposit and the Corcaskea area.

 

The significance of CGC-25-005 lies in its location and extends drilling into the area between the Clontibret resource and the Corcaskea target, where trenching and surface sampling have returned significant gold values. Historic drillhole CL84-1 is located c.150m to the south of CGC-25-005 and both drillholes intersected many of the same interpreted Eastern Zone lodes indicating confidence in correlation and continuity. Furthermore, four of the lode zones intercepted in CGC-25-005 are stronger and wider than in CL84-1.

 

Overall, the new data confirms the continuity of the Eastern Zone of the mineralised system northwards towards Corcaskea and provides additional support for the Company's interpretation of persistent gold-bearing lodes extending northwards.

 

John Sherman, Chairman of Conroy Gold, commented:

 

"These results demonstrate further continuity of the Eastern Zone of the mineralised system at Clontibret towards the Corcaskea area where trenching previously presented results of 16.5m at 6.5g/t gold. The successful intersection of multiple mineralised lodes approximately 150 metres north of previous drilling, together with stronger grade and thickness values in several zones, is encouraging and provides further evidence of the scale and persistence of the gold system as we continue to evaluate the potential linkage between Clontibret resource area and Corcaskea."

 

Drill Hole CGC-25-005 Assay Results

Drill hole CGC-25-005 intersected nine gold zones/lodes.

 

CGC-25-005 Intersections

2.0m @ 0.6 g/t Au from 13.5m 4.8m @ 1.3 g/t Au from 35.2.5m (inc. 0.9m @ 3.1 g/t Au) 0.9m @ 0.4 g/t Au from 74.0m 0.5m @ 0.5 g/t Au from 186.5m 1.0m @ 0.4 g/t Au from 204.0m 1.0m @ 2.7 g/t Au from 214.5m 1.0m @ 0.4 g/t Au from 347.0m 1.0m @ 0.2 g/t Au from 360.0m 5.0m @ 0.3 g/t Au from 389.0m

 

(Only intercepts of 0.2 g/t Au or greater over 1.0m are presented). The hole was drilled to a depth of 426.6m on an azimuth of 090 degrees at an inclination of -60 degrees. All samples were analysed by ALS Loughrea (OMAC Laboratories Ltd.) using Au-ICP21 (Au by fire assay and ICP-AES 30g sample).

 

 

 

 

This release has been approved by Kevin McNulty PGeo, who is a member of the Company's technical staff and holds a BSc/MSc in Geology and Remote Sensing, in accordance with the guidance note for Mining, Oil & Gas Companies issued by the London Stock Exchange in respect of AIM Companies, which outlines standards of disclosure for mineral projects .

 

About the "Discs of Gold" Project

Conroy Gold's "Discs of Gold" project in Ireland is defined by two parallel district scale gold trends, extending over c.95km, which are 100 per cent. held under license by the Company and anchored by the Clontibret gold deposit.

 

The Clontibret target area contains a currently defined JORC (2012) 517Koz gold resource @ 2.0 g/t Au (320Koz Au Indicated and 197Koz Au Inferred (2017)) which remains open in multiple directions.

 

The Company has identified a further seven gold targets in its license area with the Clay Lake and Creenkill gold targets being of particular interest. Gold occurs in multiple styles in the Company's license area, including free gold, refractory gold in arsenopyrite and gold associated with pyrite and antimony (stibnite), suggesting multiple hydrothermal events occurred within the license area.

 

There are clear geological analogies between the "Discs of Gold" targets and large gold deposits in Southeastern Australia and Atlantic Canada.

 

Technical Glossary

Au

Gold

Fire Assay

An assay procedure involving heating the sample in a furnace to ensure complete extraction of all the contained precious metal

g/t

Grams per metric tonne

 

ICP

Inductively coupled plasma

ICP-AES

Inductively coupled plasma atomic emission spectroscopy

 

 

For further information please contact :

Conroy Gold and Natural Resources plc

Tel: +353-1-479-6180

John Sherman, Chairman

Maureen Jones, Managing Director

Allenby Capital Limited (Nomad)

Tel: +44-20-3328-5656

Nick Athanas/Nick Harriss

Hybridan LLP (Broker)

Claire Louise Noyce

Lothbury Financial Services

Tel:   +44-20-3764-2341

 

 

Tel: +44-20-3290-0707

Michael Padley

 

 

Hall Communications

Tel: +353-1-660-9377

Don Hall

Visit the website at: www.conroygold.com


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Date   Source Headline
22nd Jun 20267:00 amPRNIntercepts from Step-Out Drilling at Clontibret
18th May 20268:34 amPRNResults from 2 Drill Holes at Clontibret
2nd Mar 20262:30 pmPRNDEEPEST GOLD MINERALISATION INTERSECTED TO DATE
26th Feb 20267:00 amPRNCompany Update
2nd Feb 20267:34 amPRNHalf-yearly results for the six months ended 30 November 2025
13th Jan 20267:00 amPRNAppointment of New Corporate Broker
17th Dec 20252:00 pmPRNResult of AGM
15th Dec 20257:00 amPRNDRILLING PROGRAMME COMMENCES AT CLONTIBRET
11th Dec 202511:00 amPRNHolding(s) in Company
26th Nov 20257:15 amPRNFinal Results for the Year to 31 May 2025
31st Oct 20255:00 pmPRNTotal Voting Rights
17th Oct 20252:00 pmPRNWarrant Exercise
8th Oct 20257:00 amPRNClosing of Non-Brokered Private Placement
29th Sep 20257:55 amPRNUpdate on Non-Brokered Private Placement
12th Sep 20257:00 amPRNLAUNCH OF NON-BROKERED PRIVATE PLACEMENT TO RAISE UP TO £1.5m
28th Aug 20257:00 amPRNAgreement re. restructuring of liabilities & RPT
8th Jul 20257:00 amPRNGold anomalies discovered along Skullmartin
2nd Jul 20257:00 amPRNUpdate on the Corcaskea Gold Target
15th May 20257:00 amPRNFundraising of €240,000
9th May 20257:00 amPRNAntimony Samples Discovered in Clontibret Area
3rd Mar 20257:00 amRNSDirectorate Change
28th Feb 20251:00 pmPRNHalf-yearly results for the six months ended 30 November 2024
27th Feb 202511:13 amPRNInitial Analysis at the Clontibret Deposit
13th Feb 20257:00 amPRNOperational Update
18th Dec 20243:45 pmPRNResult of AGM
29th Nov 202412:29 pmPRNUpdate re. Annual General Meeting
28th Nov 20245:41 pmPRNFinal Results for the year to 31 May 2024
8th Nov 202410:00 amPRNChange of Registered Office
4th Nov 20247:00 amPRNAppointment of Chairman and Company Update
1st Nov 20247:00 amPRNTotal Voting Rights
15th Oct 20242:30 pmPRNDeath of Director
9th Oct 20244:47 pmPRNFundraising of £259k
20th May 20247:00 amPRNDirectorate Change
8th May 20247:00 amPRNDrilling Results on Base Metal Target
29th Apr 20243:46 pmPRNUpdate on Joint Venture
29th Feb 20247:00 amPRNHalf-yearly results for the six months ended 30 November 2023
14th Feb 20247:00 amPRNAdditional Clay Lake Drill Results
29th Jan 20247:00 amPRNScout Drilling Results
17th Jan 20247:00 amPRNHolding(s) in Company
10th Jan 20247:00 amPRNAppointment of Non-Executive Deputy Chairman
21st Dec 20232:15 pmRNSResult of AGM
21st Dec 20237:03 amPRNAGM Statement
20th Dec 20237:00 amPRNGold zones intersected at Clay Lake
29th Nov 202312:30 pmPRNFinal Results
22nd Nov 20237:00 amPRNDrill Results from Clay Lake Gold Target
20th Oct 20231:54 pmPRNAppointment of Broker
13th Sep 20237:00 amPRNDrilling Confirms New Gold-in-Bedrock Discovery
4th Sep 20237:00 amPRNFurther Gold Targets Identified
13th Jul 20237:00 amPRNDrill Results from Creenkill Gold Target
30th Jun 20235:00 pmPRNTotal Voting Rights

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