News

July 01, 2009

Conroy Adds Zinc And More Gold To The Assembly Of Minerals Present On Its Extensive Irish Exploration Licences

By Alastair Ford

Things are moving along fairly rapidly up at Conroy Diamonds & Gold’s Clay Lake gold exploration licence in County Armagh, or as rapidly as they ever do in mining and exploration, given that we're talking about a set of disciplines governed by the workings of geological time. First Professor Conroy’s company identified an extensive gold-in-soil anomaly at Clay Lake, and now it’s identified gold in the bedrock too. Recently extracted rock chip samples, taken from the bed of a stream that runs through the Clay Lake property, all showed gold mineralization, with one sample running as high as 1.31 grammes per tonne.

It all bodes well for Conroy, which already boasts a million ounces of gold to its name on the Clontibret property seven kilometers to the south west of Clay Lake. The gold-in-soil anomaly at Clay Lake shows up as bigger than that at Clontibret, and Clontibret’s million ounces comes from a relatively small section of the overall anomaly. Clay Lake, says the professor, “is bigger than Clontibret, and richer, and we’re very pleased with that”. As well he might be, although it’s still early days....