Metals & Minerals News

Alba completes first blast at Clogau

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 […]

Finance Metals & Minerals News

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 […]

Metals & Minerals News

Alba reveals notable target shaping up at Clogau gold mine

Alba Mineral Resources plc said that the completion of Phase 2 surface drilling had revealed a potentially significant target at the Clogau-St David’s gold mine in North Wales. The junior miner drilled ten holes for 1,475.6 metres with all holes to date intersecting the Main Lode extension. Hole JW008 intercepted the best developed example of […]

Metals & Minerals News

Alba notes results from pilot processing plant at Clogau gold mine

Alba Mineral Resources plc said it had received notable results from its first assay on bulk sample concentrates produced at its pilot processing plant at Clogau-St David’s gold mine, North Wales. The underground bulk samples were collected during October 2020 with the first bulk sample taken from previously worked areas of the mine. The junior […]