Further indication of the presence of gold has been found in the Slieve Glah area of Co Cavan. The findings were issued by Conroy Gold and Natural Resources Plc this morning.
From deep overburden sampling carried out in association with the Company's joint venture partner, Demir Export, gold values up to 3,460 parts per billion were recorded in samples taken in the Drumavaddy area and 1,425 parts per billion in the Corraweelis area.
In the Leiter area, very high zinc values were recorded while, in the Largari target, high lead values were also recorded. A total of 1,434 samples were collected over 15 separate areas within the overall Slieve Glah Gold target area.
According to Professor Richard Conroy, the district scale gold area already has a number of gold targets. He told Northern Sound, "many of them with gold proven in bedrock but clearly there are many more gold targets still to be identified. There is also potential for base metals. The main emphasis at this stage will continue to be the development of the first gold mine in the district."