TIDMCGNR 
 
15 May 2023 
 
                     Conroy Gold and Natural Resources plc 
 
                          ("Conroy" or the "Company") 
 
                     HIGH GOLD GRADES SEEN IN TRENCHING ON 
 
                         NORTHERN IRELAND GOLD TARGET 
 
  * High grade bedrock gold intersected 
 
  * 1m @ 64.3g/t gold in channel samples 
 
  * Bedrock source of high grade gold (up to 123.0g/t Au) in breccia samples 
    confirmed 
 
  * 17.5g/t gold in grab sample - 35 metres to south of breccia samples 
    discovery 
 
Conroy Gold and Natural Resources PLC (AIM: CGNR), the gold exploration and 
development company focused on Ireland and Finland, is pleased to announce 
assay results from a trenching programme at its Mines Royal (Newtownhamilton) 
option area in County Armagh. The results included a gold intersection of 1.0m 
at 64.3g/t gold. The programme was carried out in conjunction with the 
Company's joint venture partner, Demir Export A.?. 
 
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). 
 
Trenching, approximately 35 metres to the south of this discovery, has 
identified quartz breccia, interpreted to be the same zone, from which a grab 
sample returned 17.5g/t Au. 
 
Systematic sampling of the trenching at this gold target has also identified a 
mineralised quartz vein, which returned values up to 2.7g/t Au, together with a 
mineralised fault gouge, which returned values up to 0.5g/t Au. 
 
A drilling programme has commenced to follow up on these high grade results. 
 
This release has been approved by EurGeol Andrew Murrells PGeo, who is a member 
of the Company's technical staff and holds a BSc in Geology, in accordance with 
the guidance note for Mining, Oil & Gas Companies issued by the London Stock 
Exchange in respect of AIM Companies, which outlines standards of disclosure 
for mineral projects. 
 
Professor Richard Conroy, Chairman, 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." 
 
For further information please contact: 
 
Conroy Gold and Natural Resources plc                Tel: +353-1-479-6180 
 
Professor Richard Conroy, Chairman 
 
                                                     Tel: +44-20-3328-5656 
Allenby Capital Limited (Nomad) 
 
Nick Athanas/Nick Harriss 
 
 
First Equity Limited (Broker)                        Tel: +44-20-7330-1883 
Jason Robertson 
 
Lothbury Financial Services                          Tel: +44-20-3290-0707 
 
Michael Padley 
 
Hall Communications                                  Tel: +353-1-660-9377 
 
Don Hall 
 
Visit the website at: www.conroygold.com 
 
 
 
END

(END) Dow Jones Newswires

May 15, 2023 02:00 ET (06:00 GMT)

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