Alba Mineral Resources plc has successfully completed the first blast at its Llechfraith priority gold target at Clogau gold mine in north Wales. COMMERCIAL “We are delighted to have successfully and safely completed the first blast at our main gold target at Clogau, the Llechfraith target,” said executive chairman George Frangeskides. “To our knowledge, this is […]
Tag: Alba Mineral Resources plc
Alba raises £192,522 via retail offer
Alba Mineral Resources plc has conditionally raised approximately £192,522 before expenses via a “significantly oversubscribed” retail offer, exceeding its target of £100,000. The company issued 550,063,457 new ordinary shares of 0.01 pence each in the company at 0.035 pence per share. Following admission, Alba’s total number of ordinary shares in issue will be 9,725,510,695, with voting rights. The company holds […]
Alba raises £300,000 via placing
Alba Mineral Resources plc has raised £300,000 in a placing and subscription of 857,142,857 new ordinary shares at 0.035 pence per ordinary share. USES Chairman George Frangeskides subscribed for 48,571,428 shares for £17,000 and non-executive director Michael Nott subscribed for 8,571,428 (£3,000). Following admission, the total number of ordinary shares in issue will be 9,175,447,238, with voting rights. The […]
Alba reports ‘highly creditable’ fines gold
Alba Mineral Resources plc said it had a “highly creditable” result from processing fines from the surface waste tip at its Clogau-St David’s gold mine in north Wales. HISTORICAL Trench one revealed 16.4 grams equating to back-calculated head grade for the -20mm fines material of 3.83 g/t from trench one. Trench three resulted in 14.2 grams, […]
Alba enters pre-blasting phase at Clogau
Alba Mineral Resources plc this week entered the pre-blasting phase in the Lower Llechfraith workings at Clogau-St David’s gold mine, north Wales. MINING A total 100m of cabling is being installed and a new pump lowered to No.4 level to complete dewatering of No.5 level. “The new pump is a sludge pump with a high head […]
GreenRoc raises £110,000 via subscription
GreenRoc Mining plc has this week raised a further £110,000 via a subscription of a total 6,111,108 new ordinary shares of 0.1 pence each at a price of 1.8 pence per share. DIRECTORS/PDMRs The company’s directors, persons discharging managerial responsibilities, its largest shareholder Alba Mineral Resources plc and a number of Alba concert parties took […]