Mining company Conroy Gold says it has found gold in Co Armagh.

In a statement released to the Irish Stock Exchange this morning, the company 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

“Gold-in-bedrock has already been demonstrated at either end of this enlarged gold target,” it added.

Describing the discovery as "a positive and exciting step forward" company chairman Professor Richard Conroy said this "new information supports the potential for the presence of very significant underlying resources at the Clay Lake gold target."

The exploration company said the single gold anomaly is approximately 3km in length and up to 2km in width.