Additional Gold Mineralisation at Clontibret

14 September 2011

                                                                               
                     Conroy Gold and Natural Resources plc                     

                          ("Conroy" or "the Company")                          

ADDITIONAL GOLD MINERALISATION AT CLONTIBRET

  * New gold area discovered within proposed mining zone
   
  * Higher grades continuing, including 1.05 metres at 11.24 grammes per tonne
    (g/t) gold
   
  * Increased widths of mineralisation confirmed, including 9.1 metres at 2.87g
    /t gold
   
  * Good continuity with previously established gold zones
   
Conroy (AIM: CGNR; ESM: CGNR.I) is pleased to announce further results from its
ongoing infill drilling programme at its Clontibret gold project in Co.
Monaghan, Ireland where the Company plans to develop a conventional open pit
gold mine.

The latest results add a new gold area within the proposed mining zone, which
was identified in the Wardrop scoping study as announced on 7 February 2011. In
addition, as well as confirming the higher grades and wider intersections
previously reported, the results also demonstrate that there is lateral and
vertical continuity within the previously established gold zones.

Gold intersections in an angled drillhole drilled to a down hole depth of 301.6
metres (approximately 213 metres vertically) in the latest series of
drillholes, included 3.6 metres of 2.22 g/t from 79.6 metres and 9.10 metres of
2.87 g/t gold from 117.7 metres, including 1.05 metres of 11.24 g/t gold from
123.5 metres (see Table 1 below). This hole was drilled approximately 65 metres
away from the nearest drillhole within the scoping study resource estimation
and thus represents a new area of gold mineralisation within the proposed pit
area of the mine.

Table 1

Drill Hole         From (m)  Intercept (m)  Au (g/t)
                                                    
Intersection          79.60            3.6      2.22
                                                    
Intersection          117.7            9.1      2.87
                                                    
incl.                 123.5           1.05     11.24
                                                    
Intersection         142.96           5.49      0.69
                                                    
Intersection         181.68           2.32      3.31
                                                    
Intersection          277.3           1.95      0.72

A further drillhole in this series was drilled to a down hole depth of 168
metres (approximately 119 metres vertically) and intersected 2.9 metres of 2.21
g/t gold from 64.5 metres, including 0.55 metres at 10.36 g/t gold (see Table 2
below) giving further confirmation and confidence in the continuity within the
established gold zones.

Table 2

Drill Hole         From (m)  Intercept (m)  Au (g/t)
                                                    
Intersection          64.50           2.90      2.21
                                                    
incl.                 65.85           0.55     10.36
                                                    
Intersection         143.85           2.00      0.61

This release has been approved by Kevin McNulty PGeo, who is a member of the
Company's technical staff, who holds a BSc/MSc in Geology and Remote Sensing,
in accordance with the guidance note for Mining, Oil & Gas Companies issued by
the London Stock Exchange in respect of AIM Companies, which outlines standards
of disclosure for mineral projects.

Commenting, Chairman, Professor Richard Conroy said:

"I am delighted to see the continuing good results from the infill drilling
with a new area of gold mineralisation identified. The results also confirm a
sustained increase in the widths and gold grades together with continuity with
previously established gold zones. It is another important step forward in the
Company's plans to develop a gold mine at Clontibret."

Further Information:

Conroy Gold and Natural Resources plc                   Tel: [phone]   
                                                                               
Professor Richard Conroy, Chairman                                             
                                                                               
Merchant Securities Limited (Nomad)                     Tel: [phone]  
                                                                               
Simon Clements/Virginia Bull,                                                  
                                                                               
XCAP Securities PLC (Broker)                            Tel: [phone]  
                                                                               
John Grant/ Karen Kelly/ David Lawman                                          
                                                                               
IBI Corporate Finance Limited (ESM Adviser)             Tel [phone]    
                                                                               
Brian Farrell                                                                  
                                                                               
Lothbury Financial Services                             Tel: [phone]  
                                                                               
Michael Padley/Michael Spriggs                                                 
                                                                               
Hall Communications                                     Tel: [phone]   
                                                                               
Don Hall                                                                       

Visit the website at: www.conroygoldandnaturalresources.com

Background on Scoping Study

As set out in the Company's announcement dated 7 February 2011, a conventional
open pit operation was designed by Wardrop Engineering Inc as part of the
Scoping Study. Gold mineralisation at Clontibret occurs in two styles - high
grade lode style mineralisation and disseminated gold in stockwork. The scoping
study concentrated on the high grade lode zones and some higher grade zones
within the stockwork at a minimum width of two metres with a total resource of
over 500,000 oz gold. A pit optimisation commodity baseline of US$970/oz gold
price was applied for the purposes of the study

The area of the Scoping Study comprises only 20 per cent of the Clontibret
target. The remaining 80 per cent of the Clontibret target remains open and two
other larger targets (Clay Lake and Glenish) lie in close (7km / 4.5miles)
proximity. In total there are five large targets along a 50km gold trend.