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 […]
Tag: Clogau-St David's gold mine
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 […]
Alba to quicken start of gold production from Clogau waste tip
Alba Mineral Resources plc plans to quicken the start of gold production following recent assay results from the waste tip at Clogau-St David’s mine in North Wales. RESULTS The company conducted its phase II sampling programme at the waste tip from which assay results from five pits dug in January 2022 returned gold grades of […]
Alba to cut oil interests as losses rise
Alba Mineral Resources plc sid it planned to cut its onshore oil interests to focus on Clogau-St David’s gold mine in North Wales. HORSE HILL Results for year ended 30 November 2020 showed losses of £2,079,537 (2019: £1,312,40) while cash and equivalents increased to £1,512,031 (£211,333). Alba plans to reduce its investment in Horse Hill […]