A THIRTY mile ‘gold district’ has been discovered across Counties Armagh, Monaghan and Cavan.
The news was revealed yesterday (Tuesday) by Conroy Gold and Natural Resources, as it said it has received a further positive mineralogical report as it plans to develop its first operational gold mine at Clontibret in County Monaghan.
In effect, this means that the amount of gold likely to be recovered from the flotation process will be high, while the amount likely to be lost to tailings will be low, a statement from the company indicated.
“I am very pleased to see the continued positive progress in the metallurgical testwork which is most encouraging as we move forward with the technical studies required for the planning and development of the company’s first operational gold mine,” said company chairman Professor Richard Conroy.
