Alba Minerals Resources plc said it had intersected a potential 550-metre extension to the Main Lode containing most of the historic production at Clogau-St David’s gold mine in North Wales. The company believes the extension is in westerly direction the Clogau Main Lode and now plans infill surface and underground drilling for confirmation. FIRST PHASE […]
Tag: Clogau-St David’s Gold Mine
Alba Mineral raises £1.2m through shares placing
Alba Mineral Resources plc has raised £1.2 million before expenses through the issue of 320,000,000 new ordinary shares at a price of 0.375 pence per ordinary share. Share warrants will also be issued to each subscriber in the placing, with one warrant for every two shares subscribed for, for a total of 160,000,000 warrants.
Alba secures Dolgellau gold belt exploration rights
Alba Mineral Resources plc announced it has been awarded a six-year exploration licence, renewable by up to four years, to the Gwynfynydd gold mine in Gwynedd, North Wales. The mine is the second largest producer of gold, after Clogau-St David’s gold mine, in the UK’s history. The award means that Alba has now secured the […]
Alba starts surface drilling at Clogau gold mine
Alba Mineral Resources plc said it had started surface drilling after completing its underground drilling programme and bulk sampling at Clogau-St David’s Gold Mine in Snowdonia National Park, North Wales. The metals and critical minerals mining company reported that underground drilling programme had involved seven drill holes for a total of 559.5 metres and which […]
Work at Clogau gold mine unaffected by Covid
Alba Mineral Resources said its underground drilling programme at Clogau-St David’s Gold Mine would be unaffected by recent Covid-19 restrictions imposed in Wales. Wales will introduce a two-week ‘firebreak’ from 23 October to 9 November 2020 to help stop the pandemic. However the mining and hydrocarbon company is on schedule to complete the first phase […]
Alba Mineral presses on at Clogau-St David gold mine
Alba Mineral Resources plc said it had made good progress with a range of works at Clogau-St David’s gold mine in the south of Snowdonia National Park. The junior miner has drilled four holes covering a total of 252 metres and received permission to continue underground drilling until the end of October 2020. Drilling at […]