herald

Wednesday 18 October 2017

Gold in those hills

mining

Ireland's first commercial gold mine could be worth more than €150m, it has been claimed.

Conroy Gold yesterday reported that it has found further evidence of high grade gold at a drilling site in Clontibret, Co Monaghan.

The firm said that results from its initial drilling uncovered grades measuring up to 25.29 grams per tonne.

Conroy Gold's chairman, Professor Richard Conroy, said that it was a "fantastic result" and added that the mine could well yield over €150m worth of gold throughout its lifetime.

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