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Conroy Gold & Natural Resources PLC - Ireland and Finland-focused gold exploration and development company - Promotes Deputy Chair John Sherman to chair immediately, following the death of executive chair & founder Richard Conroy in October. Further, regarding the Discs of Gold project in Ireland, Conroy says it is initiating a re-logging programme covering over 30,000 metres of drill core to extract more comprehensive and consistent information.
‘The purpose of this work is to build a robust geological model, identify controls to mineralisation, progress [or] advance each target and realise the full growth potential of the emerging gold district in Conroy Gold’s license area. The ongoing learnings from this effort will inform our choices for the next cycle of major investment in the project, including in the context of potential joint venture partnerships,’ the company adds.
Current stock price: 4.80 pence each, up 3.2% on Monday afternoon in London
12-month change: down 57%
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