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LONDON (Alliance News) - Conroy Gold & Natural Resources PLC has finished a drilling programme in Ireland, it said Wednesday, with results expected in July.
Conroy has drilling 611 metres at the Slieve Gah gold target on Ireland's Longford-Down massif.
The purpose of drilling was to follow up on "encouraging" gold-in-soil, deep overburden, and trenching results at Slieve Gah. Four holes in total were drilled.
Chair Richard Conroy commented: "The company's emphasis remains on its potential multi-million ounce gold target in the Glenish-Clontibret-Clay Lake area.
"However, the nature and extent of the Slieve Glah gold target area in the south-west of the gold trend suggests it could add significantly to the 8.8 million ounce gold potential seen in the Glenish-Clontibret-Clay Lake gold target area."
Shares in the company were untraded in London on Wednesday, last quoted at a price of 5.65 pence each.
