Conroy to accelerate work at Irish project
JOHANNESBURG (miningweekly.com) – Exploration company Conroy Gold and Natural Resources is putting in place a drilling programme to accelerate development on its Irish gold property, following a £1-million strategic investment in December.
Conroy reported on Monday that the drilling programme would start shortly and that it would focus on increasing the known Joint Ore Reserve Committee resource of 517 000 oz of gold at Clontibret and to convert the inferred resources into the indicated category to calculate reserves.
The drill programme is also planned to expand the overall gold resource on the company’s licence area on which the combined Clay Lake/Clontibret area alone has the potential to host a significant number of contained ounces.
“I am very pleased to report that following the strategic financing in December that we now have the funds in place to accelerate the work necessary to enable us to develop a mine at our Clontibret/Clay Lake target.
“Based on the work already done we believe we have the opportunity on our licence area in Ireland to develop a world-class mining project. The focus will be on Clontibret initially as we look to bring in the first gold mine on our property into production at the earliest opportunity," commented chairperson Richard Conroy.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation