Conroy Diamonds and Gold PLC (AIM: CDG) said it discovered a series of extensive zinc-in-soil anomalies on its prospecting licences in Counties Monaghan and Armagh in Ireland.
The anomalies, which extend over several square kilometres, are located to the southeast of the company's Clontibret gold target in County Monaghan, where it previously announced a one million ounce gold resource, and to the south of the large gold anomaly recently discovered by the company at Clay Lake in County Armagh.
Approximately 1,500 shallow soil samples were collected and analysed for base metals, returning values ranging up to 2,947 parts per million zinc and averaging 374 ppm zinc. More than 300 samples assayed over 500 ppm zinc and 39 samples exceeded 1,000 ppm zinc. Typical background values in the area are less than 200ppm zinc.