New 'gold zones' discovered in Monaghan by Irish exploration company

Four new ‘gold zones’ have been discovered in Co Monaghan by Conroy Gold and Natural Resources, the company has announced.

The presence of the four new gold zones in a 150-metre wide structural corridor in the western part of the Glenish gold target - a large, 147 hectare, gold-in-soil anomaly located 7.5km southwest of the Company’s existing Clay Lake-Clontibret gold target.

The new drilling results included intersections of 2.25 metres grading 2.65 g/t gold, at a depth of 18 metres; 2.0 metres grading 1.59 g/t gold at a depth of 27.75 metres; 2.75 metres grading 1.43 g/t gold at a depth of 36 metres and 3 metres grading 1.76 g/t gold at a depth of 64.25 metres.

Professor Richard Conroy, chairman, said: “The newly discovered gold zones significantly upgrade the potential of the Glenish gold target, which is close to our already established Clay Lake - Clontibret gold target, and further enhances the prospectivity of the company’s gold licences in Ireland