Plans for Antimony as well as Gold

15 December 2014                                

                                                                               
                     Conroy Gold and Natural Resources plc                     

                          ("Conroy" or "the Company")                          

         PLANS FOR ANTIMONY AS WELL AS GOLD TO BE MINED AT CLONTIBRET          

  * Elevated Antimony Contents in Gold Flotation Concentrate
   
  * Metallurgical Testwork Indicates Potentially Economic Quantities of
    Antimony
   
Conroy Gold and Natural Resources plc (AIM: CGNR, ESM: CGNR.I), the gold
exploration and development company focused on Ireland and Finland, is pleased
to announce plans for antimony to be mined at Clontibret in addition to gold.

Antimony is specified by the European Commission as a critical raw material and
a large supply deficit is also forecast by the European Commission. The product
is used primarily in the production of flame retardants.

Metallurgical testwork has revealed that potentially economic quantities of
antimony may occur in the gold bearing concentrate at Clontibret following
flotation.

Work has been conducted to identify flowsheet options to allow for the
extraction of the antimony from the gold bearing concentrate. Several process
options have been identified, and future metallurgical testwork will include
testing these options and optimising extraction to provide a saleable antimony
product.

This release has been approved by Michael Brennan (MSc, SAIMM), who is a member
of the Company's technical staff, 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.

Professor Richard Conroy, Chairmancommented:

"Thepotentially economic quantities ofthe strategically important
mineralantimony,in addition to the gold which is intended to be mined at
Clontibret, is a very welcomefurther development as the Company moves forward
with its mining plans for Clontibret."

For further information please contact:

Conroy Gold and Natural Resources plc                      Tel: [phone]
Professor Richard Conroy, Chairman                                             
                                                                               
Sanlam Securities UK Limited (Nomad)                       Tel: [phone]    
Virginia Bull/Simon Clements                                                   
                                                                               
Hybridan LLP (Broker)                                      Tel: [phone]    
Claire Louise Noyce/William Lynne                                              
                                                                               
IBI Corporate Finance Limited (ESM Adviser)                Tel: [phone]    
Ger Heffernan                                                                  
                                                                               
Lothbury Financial Services                                Tel: [phone]    
Michael Padley/Gary Middleton                                                  
                                                                               
Hall Communications                                        Tel: [phone]
Don Hall                                                                       

Visit the website at: www.conroygold.com