Conroy Gold and Natural Resources plc plans an eight-hole step-out drill programme for 2,000m on the Derryhennet section of its Clay Lake gold target in the Longford-Down Massif gold trend in Northern Ireland.
CLAY LAKE
The company’s joint venture Turkish partner Demir Export S.A. is conducting the programme at the target in County Armagh, which is one of a series along the 65km (45 miles) gold trend.
Clay Lake forms a single large gold-in-soil anomaly over 200 ha (c.500 acres) and is nearly 3km in length, which in places is 2km wide.
Conry Gold said that the project had a much larger gold-in-soil footprint than the Clontibret gold target.
PROGRAMME
Drilling will step out from the known gold mineralisation, where previous trenching results were up to 5m at 3.0g/t gold, and drilling results showed a continuous gold intersection of 100m at 0.6g/t gold (including 11.8m at 1.4g/t Au).
The programme is part of an overall assessment of the gold and base metal potential of the JV area.
Drilling is also planned in due course on other targets along the gold trend.