A new gold-in-bedrock target has been indicated from a scout trenching and drill programme at Drumavaddy on the Slieve Glah project in County Cavan.
ANOMALY
Conroy Gold and Natural Resources plc and Turkish joint venture partner Demir Export SA completed a 90cm scout trench and two scout drill holes for a total 500m.
The newly identified target lies at the southwestern end of the 65km (40 mile) Orlock Bridge gold trend.
The programme aimed to test the Drumavaddy 300m by 150m anomaly identified in March.
“The trenching encountered a low grade 10 metre gold-in-bedrock zone,” said the company.
“A subsequent drill hole intersected this gold zone at depth confirming the continuity of the gold mineralised structure.
“A second drill hole intersected a separate gold zone of 2.0 g/t gold over 1 metre.”
Chairman Professor Richard Conroy added the gold assay results confirmed the prospectivity of the “very extensive” target area in the Longford-Down Massif.