PROJECT FINANCE

Conroy ditches Anglo Asian for Turkish partner

AIM-listed junior Conroy Gold has agreed a potential JV with Turkey’s Demir Export A.S to develop its Longford Down Massif project in Ireland, leaving previous JV candidate Anglo Asian Mining on the sidelines.

Conroy Gold's Longford-Down Massif project is located in north east Ireland

Conroy Gold's Longford-Down Massif project is located in north east Ireland

Conroy signed a letter of intent with Demir on Thursday, also confirming it had ended talks with Anglo Asian.    The LOI outlined a phased earn-in, giving Demir the option to take up to a 57.5% interest...

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