Chesterfield potential Adeline buyer withdraws

Chesterfield Resources plc plans to look for an alternative buyer for its Canadian copper project after its potential purchaser withdrew from a conditional acquisition. SCALE The company said that Pacton Gold Inc. did not wish to proceed with the deal on the previous terms, which would have seen Chesterfield receive C$1.25m (£804,000) and C$300,000 (£193,000) for […]

Alba surface drilling extends Llechfraith strike

Alba Mineral Resources plc reported that its surface drilling programme has extended the strike of the Llechfraith gold target to 58 metres at the Clogau-St David’s gold mine, North Wales. This in addition to extending 66 metres below the deepest previously worked zone at the area. Since the start of February 2021, holes LL007 – […]

Alba to submit renewed application to dewater Llechfraith shaft at Clogau

Alba Mineral Resources plc said it aimed to submit in September its renewed application to dewater the Llechfraith shaft at the Clogau-St David’s gold project in North Wales. APPLICATION In November 2021, regulator Natural Resources Wales (NRW) refused to grant the company permission to dewater the shaft which lies below the Llechfraith adit level.  The […]