Conroy discovers gold prospect in Monaghan

Exploration company Conroy Diamonds has announced the discovery of an extensive new gold-bearing structure to the east of Tullybuck…

Exploration company Conroy Diamonds has announced the discovery of an extensive new gold-bearing structure to the east of Tullybuck-Lisglassan, Co Monaghan.

A gold seam was encountered over a wide area 540 metres by 250 metres. Conroy plans to follow up this latest discovery with further testing of the quantities involved.

The new seam is located immediately north of the Orlock Bridge Fault, approximately 850 metres east of Tullybuck-Lisglassan where earlier geological surveys indicated mineral deposits.

The prospects lie within one of the three areas identified by SRK Consulting in its review of Conroy's gold properties as being "highly prospective".