Conroy Gold and Natural Resources plc said 3,000m drilling had started at its joint venture Clontibret gold target in Ireland.
PROGRAMME
The company’s joint venture (JV) partner and operator Demir Export S.A. began the eight-hole programme at the end of April.
Conroy Gold added that the programme aimed to extend the eastern gold lodes and the stockwork gold mineralisation, both of which are open in all directions and to depth.
Seven of the drill holes are step-out, and one hole is targeting an up-dip gold mineralisation zone.
All of the drill holes are planned to intersect the stockwork.
Drilling is projected to increase the stockwork gold mineralisation to the northeast and also to extend the depth of the stockwork.
Three of the drill holes are focused primarily on the eastern lodes of the Clontibret gold resource, with a view to extending these to the north.
STEP OUT
Conroy Gold said it that these drill holes also had potential for the discovery of new lodes.
The drilling will step out from the known gold mineralisation, in both the stockwork and eastern lodes in the deposit.