GFI Gold Fields Ltd

LONDON--Conroy Gold and Natural Resources PLC (CGNR.LN) said Wednesday it has signed an agreement with Gold Fields Ltd. (GFI) to undertake mineralogical characterization and metallurgical test work on drill core samples provided from its Clontibret gold project in Co. Monaghan, Ireland, where it plans to develop a gold mine.

MAIN FACTS:

-Samples total over 350 kilograms of drill core and have been dispatched to South Africa for testing.

-Samples are comprised of ore grade material with a 10% dilution factor and represent a similar grade to that expected for run of mine.

-Conroy Gold shares closed Tuesday at 1 pence valuing the company at 3.58 million pound.

-Write to Ian Walker at ian.walker@dowjones.com

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