Conroy Gold reports positive results from Cavan study

Irish mining company says new research indicates high likelihood of gold in Slieve Glah area

An independent study shows the Slieve Glah area to be highly prospective for gold mineralisation
An independent study shows the Slieve Glah area to be highly prospective for gold mineralisation

Irish mining company Conroy Gold has announced positive results from an independent structural study undertaken at its Slieve Glah gold target in Co. Cavan.

The study, which was conducted by independent consultant structural geologists, Dr Francis Murphy and Dr David Coller, shows the area to be highly prospective for gold mineralisation.

Located approximately 40km to the south east of the Conroy’s proposed gold mine at Clontibret, the study further shows that the Slieve Glah target is associated with a major geological structure, the Orlock Bridge Fault, in which the potential for a concentration of gold mineralised faults is highlighted.

The fault undergoes a significant bend at Slieve Glah, leading to the development of a dilation zone which is believed could hold significant mineral potential.

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"The positive results of this independent structural study add further evidence of the gold potential in the Slieve Glah area and the entire 30 mile gold district in Ireland that the company has discovered," said chairman Prof Richard Conroy.

“ Slieve Glah is a very large target area and, although exploration is at an early stage, the potential and size of the gold anomalies there is exciting,” he added.

Charlie Taylor

Charlie Taylor

Charlie Taylor is a former Irish Times business journalist