https://www.miningweekly.com

Conroy to accelerate work at Irish project

29th January 2018

By: Creamer Media Reporter

     

Font size: - +

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.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ASTPM
ASTPM

Established in 1983, the ASTPM is an industry association and representative body of the welded carbon steel tube and pipe manufacturers of South...

VISIT SHOWROOM 
Virtual Gas Network (Pty) Ltd
Virtual Gas Network (Pty) Ltd

Virtual Gas Network supplies compressed natural gas via a virtual gas distribution network.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.058 0.833s - 111pq - 2rq
Subscribe Now