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'There's gold in them there hills' ... At least in the hills of South Armagh that is! Exploration company Conroy Gold and Natural Resources have announced that high grade gold has been discovered in excavations in the Newtownhamilton area and around Clay Lake near Keady.
Conroy Gold & Natural Resources have been licenced to explore for gold in an area called the Longford Down Massif which runs from Longford /Cavan up to Armagh and beyond and have discovered a substantial presence of the precious metal in Cavan and Monaghan as well.
For those who talk technical where gold is concerned the Newtownhamilton area has seen results of a gold intersection of 1.0m at 64.3g/t gold with channel samples returning 1.0m @ 64.3g/t Au from the trenching programme have confirmed the bedrock source of the high grade (up to 123.0g/t Au) quartz breccia samples discovered in the area (announced by the Company on 22 February 2023).
Professor Richard Conroy, Chairman, Conroy Gold commented “It is highly encouraging to confirm the bedrock source of the high grade gold mineralisation and to identify gold in quartz breccia over thirty five metres away in the same target area. This trenching programme has further highlighted the potential of this area, with further gold zones identified in quartz veins and fault gouge together with the high grade quartz breccia initially discovered.”
