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: Clogau-St David's gold mine
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 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 […]
Alba produces high-grade gold from Clogau tip
Alba Mineral Resources plc said it had produced high-grade gold of up to 17.22g/t from fines taken from the historic waste tip at its Clogau-St David’s gold mine in North Wales. REFINERY The trenching programme has to date seen nearly 33 tonnes of <20mm material excavated from the tip. Alba produced four concentrates from composite samples […]
Alba identifies new gold targets from airborne survey
Alba Mineral Resources plc has identified three gold targets from the first part of it recent airborne magnetic survey across the Dolgellau gold belt in Wales. ZONES The surveys, over the Clogau, Castell Carndochan and Hafod Owen prospects, were flown between November 2023 and January 2024. Review and interpretation of the first part of the […]
Alba cheered by ‘exceptionally high grade’ sample results
Alba Mineral Resources plc reported “exceptionally high-grade sampling results” from No.4 level at the lower Llechfraith workings in Clogau-St David’s gold mine, north Wales. OPPORTUNITY The company said it was encouraged by the findings from refined composites of heavy mineral concentrates produced from processing more than 40 samples. From composite 1, recovery of gold weighed 3.1 […]