Conroy Gold and Natural Resources PLC announced assay results from a further two drill holes on the Derryhennet section of its Clay Lake gold target in the Longford-Down Massif in Ireland. The results included 31.0 metres gold zone intersection at 1.0 g/t gold (including grades up to 3.2 g/t gold) and a 29.0 metres gold zone at 0.9 g/t gold (including 16.0 metres 1.2 g/t gold). The Derryhennet section of the gold target is an orogenic folded black carbonaceous shale hosted gold target and is up to 1Km in length and 2Km in width.

The step-out drilling programme has confirmed good continuity of the gold Stockwork zone at Derryhennet which now stands at over 400 metres in length and is still open. The continued encountering in this programme of wide gold intersections at relatively shallow depths further indicates the potential for high tonnage, overall gold content and mineability in this part of the Clay Lake gold target. The two drill holes, which totalling 493.8m, complete an eight-hole (2,303.3m) step-out drill programme on the Derryhennet Section of the Company's Clay Lake gold target bringing the total drilling to date at Derryhennet to 5,067.0 metres in twenty five drill holes.

The overall Clay Lake gold target is 3Km in length and in places 2Km wide. The first drill hole, CGA-22-001, was drilled to a down hole depth of 190.3 metres, at a 60 degree dip, and intersected a series of gold zones including 29.0 metres grading 0.9 g/tgold from a down hole depth of 26.0 metres and 31.0 metres at 1.0 g/T gold with grades up to 3. 2 g/t gold within 38.0 metres grading 0. 9 g/t gold from a down hole depth of 107.0 metres. This hole was situated 300m to the northeast of the drill hole (CGA-22-005) which intersected 40.5 metres at 1.2 g/tgold and c.100.0m to the northeast of the drilling hole which intersected 100.0 metres at 0.6 g/t gold, at a depth of 26.4 metres, which is believed to be the longest continuous gold intersection in the British Isles.

The second drill hole, CGA- 22-008, was drilled to a down holes depth of 317.5 metres, at a 60 degree dipping, and intersected 2.0 metres at 1.1 g/t gold from 126.0m, 4.0 metres at 1. 1.1 g/tgold from 155.0 metres, 3.0 metres to 1.6 g/t gold from 267.0 metres and 2.0 metres at 1.,0 g/t gold from 280.0 metres. Intercepts from drill holes CGA-22-001 and CGA-22-008 at Derryhennet include: CGA-22-001; 1.0m @ 0.4 g/t gold from 280.,0 metres. Intercepts of drill holes CGA-22, and intersected a series.