CGNR.L

Conroy Gold & Natural Resources Plc
Conroy Gold & Natural Resources Plc - AGM Statement
21st December 2023, 07:03
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21 December 2023

[2011 Jan 28 CGNR Logo]

Conroy Gold and Natural Resources plc

("Conroy Gold" or "the Company")

ANNUAL GENERAL MEETING STATEMENT

  · Good progress on the Company's gold exploration and development programme
  · Over 6,000 metres of drilling completed

The annual general meeting of Conroy Gold and Natural Resources PLC (AIM: CGNR),
the gold exploration and development company, will hold its annual general
meeting today at The Conrad Dublin Hotel, Earlsfort Terrace, Dublin at 12
noon.

At this meeting, Professor Richard Conroy, Chairman, will make the following
statement:

"The Company's achievements during the year and the period post balance sheet
date include:

  · The discovery of a second district scale gold trend, the Skullmartin gold
trend, in the Longford Down Massif in addition to the Orlock Bridge gold trend
previously discovered by the Company in the Massif.

  · The discovery of visible gold in the Skullmartin Gold trend at Creenkill
together with gold assay results of up to 123 g/t Au (4oz gold per tonne).

  · In excess of 6,000 metres of drilling completed to date as part of the Joint
Venture with Demir Export A.Ş ("Demir Export") with results indicating that the
extensive gold target at Clay Lake could contain a major gold deposit.

  · Drilling results also indicated continuity between the Clontibret gold
deposit and the Corcaskea gold target.

  · Funding from Demir Export is approximately €5 million to date covering
exploration programmes on the various joint venture licences. Another €1 million
plus is required to be spent to conclude the first phase of the Joint Venture
which would earn Demir Export a 25% interest in the Joint Venture licences.

  · Equity interest acquired in Karelian Diamond Resources which holds
exploration licences for Nickel/Copper/Platinum Group Metals in Northern Ireland
and diamond exploration and development interests in Finland.

The Board looks forward to another year of operational progress."

For further information please contact:

Conroy Gold and Natural Resources plc  Tel: +353-1-479-6180
Professor Richard Conroy, Chairman
Allenby Capital Limited (Nomad)        Tel: +44-20-3328-5656
Nick Athanas/Nick Harriss
Peterhouse Capital (Broker)            Tel:+44-20-7469-0930

Duncan Vasey                           Tel: +44-20-3290-0707

Lothbury Financial Services
Michael Padley
Hall Communications                    Tel: +353-1-660-9377
Don Hall

Visit the website at: www.conroygold.com


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