22/07/2014 19:17:54 Free Membership Login

CONROY GOLD & NATURAL RESOURCES PLC - Statement re Metallurgical Test Work

Date : 01/08/2013 @ 6:00PM
Source : PR Newswire (US)
Stock : Conroy Gld&Nres (CGNR)
Quote : 1.25  0.0 (0.00%) @ 4:51PM
Conroy Gold share price Chart

CONROY GOLD & NATURAL RESOURCES PLC - Statement re Metallurgical Test Work

Conroy Gold (LSE:CGNR)
Historical Stock Chart

2 Years : From Jul 2012 to Jul 2014

Click Here for more Conroy Gold Charts.
CONROY GOLD & NATURAL RESOURCES PLC - Statement re Metallurgical Test Work
                                                                 8 January 2013

                                                                               
                     Conroy Gold and Natural Resources plc                     

                          ("Conroy" or "the Company")                          

              Initial Results of Metallurgical Test Work Positive              

Conroy Gold and Natural Resources plc (AIM:CGNR; ESM:CGNR.I), the gold exploration and development company focused on Ireland where it plans to develop a gold mine at Clontibret in Co. Monaghan, is pleased to announce that the first results of the Metallurgical test work have been received and were positive.

These results relate to the Comminution test work being undertaken by Goldfields Limited ("Goldfields") including grinding, crushing and other factors in relation to mill design. The test work undertaken included Bond Rod Work Index (BRWi), Bond Ball Work Index (BBWi), Bond Abrasion Work Index (Ai) and SAG Mill Comminution Test (SMC). The latter was carried out on behalf of Goldfields by JKTech which specialises in SAG Mill techniques.

The Abrasion Index was lower than anticipated and the ore is harder. The test sample was classified in the SMC test by JK Tech as being moderately hard.

The results suggest that either a combination of Semi-Autonomous Grind ("SAG")/ Ball Mill or "HPGR"/Ball Mill or a larger Ball Mill for the process plant be considered. Preliminary indications are that a "SAG"/Ball Mill combination may be the preferred choice.

Commenting today, Chairman, Professor Richard Conroy said:

"We are delighted to receive the first results of the Metallurgical studies. This is a further important step inour planned development of a gold mine at Clontibret in Co. Monaghan.Thetest work is continuingand these resultson the Comminution studieswill be followed by results from theFlotation test work."

For further information please contact:

Conroy Gold and Natural Resources plc                      Tel: +353-1-661-8958
                                                                               
Professor Richard Conroy, Chairman                                             
                                                                               
Merchant Securities Limited (Nomad)                        Tel:                
                                                           +44-20-7628-2200    
                                                                               
Simon Clements/Virginia Bull                                                   
                                                                               
Hybridan LLP (Joint Broker)                                Tel:                
                                                           +44-20-7947-4350    
                                                                               
Claire Noyce/Deepak Reddy                                                      
                                                                               
Shore Capital Stockbrokers Limited (Joint Broker)          Tel:                
                                                           +44-20-7408-4050    
                                                                               
Jerry Keen/Bidhi Bhoma/Toby Gibbs                                              
                                                                               
IBI Corporate Finance Limited (ESM Adviser)                Tel:                
                                                           +353-766-234-800    
                                                                               
Brian Farrell                                                                  
                                                                               
Lothbury Financial Services Limited                        Tel:                
                                                           +44-20-3440-7620    
                                                                               
Michael Padley/Michael Spriggs                                                 
                                                                               
Hall Communications                                        Tel: +353-1-660-9377
                                                                               
Don Hall                                                                       

Visit the website at: www.conroygoldandnaturalresources.com

Copyright ry 7 PR Newswire



Your Recent History
FX
EURAUD
Euro vs Au..
FX
USDAUD
US Dollar ..
ASX
WPL
Woodside
NASDAQ
AAPL
Apple
ASX
BHP
BHP Bilito..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE and AMEX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 au 140722 19:17