Conroy Gold and Natural Resources plc announced that positive results from a gold-in-soil sampling programme have shown that the Clay Lake and Cargalisgorran gold targets in Co. Armagh form a single large gold-in-soil target anomaly, over 200 Ha (c.500 Acres) in area, nearly 3km in length and, in places, 2km wide. Gold-in-bedrock has already been demonstrated at either end of this enlarged gold target.

This includes a drilling intersection of 7.5m at 5.58 g/t Au and trenching of 10m at 2.46g/t Au at the southwest end (Cargalisgorran), and drilling of 100m at 0.56g/t Au including 11.5m at 1.55g/t Au, and trenching of 5m at 3.02g/t Au in the northeastern end. Between the northeast and southwest portions of the anomaly, intersections of low grade gold and black carbonaceous stockwork material have been encountered suggesting the possibility of continuity between the mineralisation events at either end of the anomaly.