Conroy Gold and Natural Resources plc intersected high grade bedrock gold from trenching at its joint venture (JV) Mines Royal option of Newtownhamilton in County Armagh, Northern Ireland.
MINERALISATION
The company said assay results, including a gold intersection of 1.0m at 64.3g/t gold, confirmed the bedrock source of the high grade (up to 123.0g/t Au) quartz breccia samples discovered in February 2023.
Trenching was conducted with joint venture Turkish partner Demir Export S.A. approximately 35 metres to the south of the discovery.
A grab sample interpreted to be from the same zone returned 17.5g/t Au.
Conroy Gold added that systematic sampling of trenching at the target also identified a mineralised quartz vein, which returned values up to 2.7g/t Au, and a mineralised fault gouge, which returned values up to 0.5g/t Au.
The JV has started a follow-up drilling programme.
Chairman Professor Richard Conroy described the results as highly encouraging, further highlighting the area’s potential.