Conroy Gold and Natural Resources plc has completed the joint venture agreement with Demir Export SA for gold licences in Ireland and Northern Ireland. CONDITIONS The company said all outstanding conditions had been met and that it had received €1 million. Work began at Clontibret in January 2022 and a 3,000 metre drilling programme is planned […]
Tag: Demir Export
Conroy granted Mines Royal options
Conroy Gold and Natural Resources plc said that its joint venture (JV) with Demir Export SA had received two Mines Royal options for gold projects in Ireland and Northern Ireland. OPTIONS The Crown Estate awarded the options to Conroy Gold (Armagh) Ltd. Conroy Gold added that the grant met the final outstanding condition precedent to […]
Conroy Gold to start step-out drilling for 3,000m at Clontibret
Conroy Gold and Natural Resources plc said it aimed to start a step-out drilling programme in late April at its joint venture Clontibret gold project in Ireland. PROGRAMME Turkish partner and operator Demir Export A.S. will drill eight holes totalling some 3,000m. The programme is part of the JV’s plans to explore and develop further […]
Conroy Gold notes widest intercept to date at Clontibret
Conroy Gold and Natural Resources plc noted the widest intercept yet from drill results at Clontibret gold deposit in Ireland. DRILL HOLES During 2021, the company’s joint venture (JV) partner and operator Demir Export A.S. drilled holes TW001 and TW005 as part of its due diligence programme prior to the JV agreement. TW001 TW001 confirmed […]
Conroy transfers Irish gold licences to Demir JV
Conroy Gold and Natural Resources plc has transferred its licences to the joint venture (JV) companies established with Demir Export for its gold project in Ireland and Northern Ireland. LICENCES The company received approval to transfer Clontibret licence PL2194 in the Republic of Ireland to Conroy Gold (Clontibret) Ltd. Additionally, it has transferred the Northern […]
Conroy agrees main terms with Demir for Clontibret
Conroy Gold and Natural Resources plc said it had agreed the main terms of the proposed joint venture (JV) with Turkish miner Demir Export on the Clontibret licence in Ireland. AGREEMENT The JV called Project Inis will involve Demir developing the gold deposit to construction ready status and bringing it into operation as a gold […]