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AN IRISH PROSPECTING company is planning to develop what could be a “new European gold-mining district” yielding over 500 tonnes of the precious metal along the northern border.
Gold exploration and mining company Conroy Gold and Natural Resources is putting together its scheme to build Ireland’s first commercial gold mine at Clontibret in Co Monaghan along a nearly 50km “gold trend” stretching from Co Armagh to Co Cavan.
The Dublin-based company today announced its two-step plan for the Clontibret site, the first stage of which involved building a starter pit – a shallow mine - at an estimated cost of about €32 million.
Conroy Gold said the first pit would concentrate on “a high-grade, densely drilled portion of the resource” that would generate positive cash flows within the first two years of its operation.
The second phase would involve a possible underground mine, as well as more surface pits, to get to gold found 12m below the surface during earlier drilling.
A European gold district in Ireland
Chairman Prof Richard Conroy said the Clontibret plans were ”set within what we believe is the beginning of a new European gold mining district with exploration and conceptual studies by the company suggesting the potential for 15-20 million ounces of gold within the 30-mile gold trend and also possibly zinc and other mineral potential.”
The company said it was continuing to explore along the trend and it had earmarked other potential mining sites like its find at Clay Lake, to the northeast of Clontibret, where there was “potential for high tonnage and overall gold content”.
And there’s zinc there too
A large zinc “anomaly” – nearly one tenth the size of the entire county – had also been found to the south of the Clay Lake site.
The Clontibret location was the site of an antimony mine in the 1800s but more recent drilling in the area revealed major gold deposits in the region.
On its website, Conroy Gold cited Ireland’s “user-friendly legislation”, tax incentives and ease of exploration as among the reasons for setting up mining operations in the country.
READ: Monaghan mine could end up producing €70 million worth of gold per year
READ: More positive results from tests at Monaghan gold mine site
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An og and 92 minute goal oh my God to beat rangers
@John Kenny: do og’s and 92nd minute goals not count or something?
@John Kenny: united, the only team that get slated if they win or lose.
@John Kenny: They all count. If Ireland scored a 92nd minute goal and it went in off Evan Ferguson’s left nut you’d be hopping around the place celebrating so stop talking ballcocks.
@Tezmond McVicar: no I wouldn’t I support England
I’m sure even the most hardcore Liverpool supporter was delighted when Bruno got the winner. Rangers horrible club with horrible supporters and once again caused mayhem in Manchester.
https://www.dailyrecord.co.uk/news/scottish-news/rangers-fans-violent-clashes-old-34542937
@Anthony Curran: There was a gombeen on the 42 stating that Liverpool fans turned into Rangers fans when Gerrard moved up there haha You are correct, I imagine all Irish fans wanted Rangers to lose. If we wanted to laugh at Utd (and we do) we could say that Utd have finally found their level.
@ecrowley ecrowley: what position do you play for liverpool?
@Setanta O’Toole: Where was it implied I played for Liverpool?
@ecrowley ecrowley: oh yous did Eric even the 42 ran match reports or the games for yous .
@paulie: on
@paulie: I had no interest in Rangers reports. I don’t know any Irish people or Liverpool fans who cared. In fact calling them “Steven Gerrard’s Rangers” was cringe. But you’re off in your own imaginary world. Again.
@ecrowley ecrowley: it was the school girl devotion to gerrard that had you all interested in rangers at the time and you know it Eric dreadful people.
@paulie: You keep saying “you all”. I’ve put it in simple terms neither I or anyone I know took any interest in Rangers just cos Gerrard took over.
@ecrowley ecrowley: ill put it in simple terms you are lying.
@paulie: That’s enough talking to a wall for today.
@paulie: and lying… coming from a fella who can’t even admit the English team you support.
@ecrowley ecrowley: I told you I don’t support anyone in English football now what relevance it has I don’t know but I’ll work with you eric.
@Anthony Curran: why would Liverpool fans care about Manchester United v Glasgow rangers.
@Setanta O’Toole: they all play it’s a family apparently they say.
Rangers. Worst supporters in the world. Glad they were beaten,
Awful match though.
Surely there’s a ban coming for Rangers in European comp after that. Worst supporters in any sport.
United 2 , Sevco 1 … sweet
It was like League of Ireland stuff…
Is crawly the clown at it again,asking why Liverpool fans would care about a man utd rangers match,Christ what can we do with this thing,he’s clearly not well.
have your say