Conroy Gold granted three new PLs in Longford-Down Massif

editorial

3 years ago

Conroy Gold and Natural Resources plc has been granted three further prospecting licences of PL3131, PL4554 and PL4559 in the Longford-Down Massif in Ireland.

Total: the JV will have 15 licences across nearly 1,000km^₂ (*Conroy Gold*)

TRANSFER

The company applied for the licences, covering 100 km_² (39 sq miles), prior to completing its joint venture (JV) with Demir Export S.A.

Conroy Gold will now apply for the licences’ transfer to Conroy Gold (Longford-Down) Ltd, one of the JV’s companies.

This will give the JV a total of 15 licences in the Longford-Down Massif and take the overall area, containing a district-scale gold trend, to nearly 1,000km^₂.

Conroy Gold said that the granted licences were considered to have potential for gold and base metals.