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Friday 9 December 2016

Gold hunter Conroy gets licence to go seek and find

EXPLORATION

Eimear Ni Bhraonain

Published 07/12/2011 | 05:00

THERE's gold in them thar' hills. At least that's what an Irish firm is hoping after it was granted a licence to explore above ground for precious minerals.

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The Department of Communications, Marine and Natural Resources has given permission to Conroy Gold and Natural Resources Ltd to search for minerals including gold, base metals and silver in counties Clare, Kilkenny and Tipperary.

The firm was granted seven prospecting licences in these areas covering 300sq km.

The geology of the region is similar to the Armagh and Monaghan gold belt where the firm has had success.

Successful

"I am delighted that the company has been granted these licences in lithologies similar to those of the Armagh-Monaghan gold belt, where we have been so successful,'' said the chairman of Conroy Gold, Richard Conroy.

Mr Conroy said there were no jobs being created at the moment as it was in the early stages of the exploration.

The renewable licences are initially for a period of six years and for specified minerals. However, they are reviewed by the State every two years.

The company said it was looking forward to working in Co Kilkenny again as it was previously involved in the discovery of zinc at Galmoy.

Ballyknockana and Brenormore in Co Tipperary; Curraheen and Killamery in both Kilkenny and Tipperary; and Gortmagy, Ardskeagh and Cloontra in Co Clare are the areas where the search for gold will be carried out. In the late 1980s, Burmin Exploration and Development Plc identified gold in stream sediments and soils.

Irish Independent

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