Alba Mineral Resources plc has completed the acquisition of a further 10% in Gold Mines of Wales Ltd to hold 100% of the Clogau gold project within the Dolgellau Gold Belt in North Wales. SHARES The company will apply for the 200 million company consideration shares to be admitted to trading on AIM. Following admission, […]
Tag: Alba Mineral Resources plc
Alba losses rise following GreenRoc listing and increased exploration
Alba Mineral Resources plc recorded an increase in losses following the AIM listing of its investee company GreenRoc Mining and increased exploration activities. INTERESTS The company’s interim results for six months ended 31 May 2022 incorporate Alba’s subsidiaries operating in Wales (gold) and Limerick (lead and zinc) as well as investments in Greenland (graphite and […]
Alba renews exploration licence at Limerick zinc-lead project
Alba Mineral Resources plc has renewed its mineral exploration licence until 26 May 2024 ahead of follow-up drilling at its 100% owned base metals project in Limerick, Ireland. TERMS This is the second time the company has renewed the PL3824 which lies in the Irish zinc ore field hosting a number of high-grade zinc-lead deposits. […]
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 […]
Alba buys remaining stake in Clogau
Alba Mineral Resources plc said it had agreed to acquire the remaining 10% interest in Gold Mines of Wales Ltd (GMOW) to take 100% ownership of the Clogau gold project in the Dolgellau Gold Belt in Wales. CLOGAU The site contains the Clogau gold mine where Alba identified prospective gold targets through extensive exploratory drilling in […]
UKOG could face further appeal against Horse Hill
UK Oil & Gas plc (UKOG) said it could face an appeal in the Supreme Court against the company’s grant for oil production at Horse Hill near Gatwick in Surrey. HEARING The company added that it would “strongly contest” any further action against its interests which total 85.635%. Alba Mineral Resources plc holds an 11.765% […]