Irish-based exploration company Conroy has said it has received positive results from its drilling programme at its Clontribet gold project.

The results relate to the first drill hole completed in the planned 3,500 metre infill driling programme where the company has a joint ore reserves committee standard compliant gold resource of over 1 million ounces.

Company chairman, Professor Richard Conroy said that the company is "pleased and impressed" with the extent and grades of the intersections in the first drill hole of the infill drilling programme which the company commenced following the positive outcome of the scoping studies carried out by Wardrop Engineering.

"The programme will allow us to optimise the mine design, which shows us initially producing 24,000 ounces of gold per annum, and to further define the resource."