Agreement Signed with Tetra Tech WEI Inc.

26 November 2012

                                                                               
                     Conroy Gold and Natural Resources plc                     

                          ("Conroy" or "the Company")                          

 Agreement Signed with Tetra Tech WEI Inc. ("Tetra Tech") to Provide Technical 
         Services in Support of the Metallurgical Test Work Programme          

Conroy Gold and Natural Resources plc (AIM:CGNR; ESM:CGNR.I), the gold
exploration and development company focused on Ireland which plans to develop
its first gold mine in Clontibret in Co. Monaghan, is pleased to announce that
Tetra Tech have been appointed to provide technical services in support of the
ongoing metallurgical test work programme.

Tetra Tech will review the metallurgical studies on behalf of Conroy and
compile the metallurgical report for the metallurgical section in the
Feasibility Studies for the proposed mine.

Tetra Tech is a multi-disciplined engineering and consulting firm which has
been working in the global mining industry since the early 1960s and is at the
forefront of gold mining expertise. Tetra Tech has a particular expertise in
biological oxidation techniques. Tetra Tech carried out the Scoping Studies for
the planned mine on 20% of the Clontibret gold target and are therefore already
very familiar with the project.

The Pre-Feasibility metallurgical test work programme, which is already
underway, comprises Comminution, Flotation and BIOX® Test work. The test work
is being managed and executed by SGS South Africa (Pty) Ltd ("SGS") under the
supervision and direction of Gold Fields Ltd ("Goldfields"). BIOX® is a
well-established bacterial oxidation process. Gold Fields Ltd is a world leader
in this environmentally friendly proven technology with a number of plants
currently in operation worldwide including South Africa, Ghana, Brazil, China
and Australia.

Commenting today, Chairman, Professor Richard Conroy said:

"I am delightedthat Tetra Tech with their outstanding expertise in
metallurgyisinvolved in association with SGS and Goldfields in the
Metallurgical studies, one of the major sections of the Feasibility Studies."

For further information please contact:

Conroy Gold and Natural Resources plc                      Tel: [phone]
                                                                               
Professor Richard Conroy, Chairman                                             
                                                                               
Merchant Securities Limited (Nomad)                        Tel:                
                                                           [phone]    
                                                                               
Simon Clements/Virginia Bull                                                   
                                                                               
Hybridan LLP (Joint Broker)                                Tel:                
                                                           [phone]    
                                                                               
Claire Noyce/Deepak Reddy                                                      
                                                                               
Shore Capital Stockbrokers Limited (Joint Broker)          Tel:                
                                                           [phone]    
                                                                               
Jerry Keen/Bidhi Bhoma/Toby Gibbs                                              
                                                                               
IBI Corporate Finance Limited (ESM Adviser)                Tel:                
                                                           [phone]    
                                                                               
Brian Farrell                                                                  
                                                                               
Lothbury Financial Services Limited                        Tel:                
                                                           [phone]    
                                                                               
Michael Padley/Michael Spriggs                                                 
                                                                               
Hall Communications                                        Tel: [phone]
                                                                               
Don Hall                                                                       

Visit the website at: www.conroygoldandnaturalresources.com