Alba Mineral Resources plc reported “large” amounts of visible sulphide mineralisation in blasted rocks, indicating associated gold mineralisation, at its Clogau-St David’s gold mine. BULK SAMPLE The company has also noted visible gold within the blasted ore. Drilling and blasting at level 5 on the Llechfraith target continues round the clock, with a team of […]
Tag: Alba Mineral Resources plc
GreenRoc signs MoU with Morrow
GreenRoc Strategic Materials plc has signed a memorandum of understanding to collaborate and develop graphite active anode material (AAM) for batteries with Norwegian company Morrow Batteries ASA. FOUNDATION The company said it had also started the process of establishing a Norwegian-registered subsidiary, NorGraph AS, focused on work related to production of AAM for batteries. GreenRoc, […]
Alba acquires Tanzania gold options
Alba Mineral Resources plc has acquired an option to earn into a portfolio of gold licences, including “near-term” production opportunities, in northern Tanzania. VALUE The move follows the company’s signing an option last week for the Finnsbo rare earth project in eastern Sweden. Alba said that the Tanzanian licences were in the same district as […]
Alba expands into Sweden with rare earth option
Alba MIneral Resources plc has entered an option for the Finnsbo rare earth project in the historic magnetite mining district of eastern Bergslagen in Uppland, eastern Sweden. VALUE The licence lies 15km north of the 540-year-old Dannemora magnetite mine, and within the southern fringes of the “regionally extensive” high strain ductile Forsmark Deformation Zone. Current […]
Alba raises £300,000 via placing
Alba Mineral Resources plc has raised £300,000 by a placing of one billion new ordinary shares at 0.03 pence per ordinary share. USES Following admission, the company’s total ordinary shares in issue will number 10,736,939,266, with none held in treasury. Alba today also opened a separate retail offer at the same price per share to […]
Alba to process 25t of historic Clogau ore
Alba Mineral Resources plc has removed around 25 tonnes of ore from historic mining, due to be processed for gold, from the Llechfraith target at its Clogau-St David’s mine in north Wales. BLASTING The “significant” exercise cleared the in-situ ore on levels 4 and 5, which “greatly exceeded” the anticipated volume and consequently extended the […]