Alba Mineral Resources plc has signed a 30-day option to buy an initial 50% of the Andover West lithium project in the West Pilbara, Western Australia. SIGNIFICANT The project comprises exploration licence E47-3373 (AW1), of 10 blocks over 10.9 square miles, due to expire on 4 November 2024 with the right for the licence holder to […]
Tag: Alba Mineral Resources plc
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 Mineral raises £380,000 via placing
Alba Mineral Resources plc has raised £380,000 before expenses through the issue of 584,615,385 new ordinary shares at a price of 0.065 pence per ordinary share. Following admission, the company’s total number of ordinary shares in issue will be 8,318,304,381. Alba holds no ordinary shares in treasury. Proceeds will be used at the company’s 100% owned 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 begin Llechfraith and waste tip bulk sampling
Alba Mineral Resources plc will next month begin bulk sampling from the Llechfraith target and the waste tip at its Clogau-St David’s gold mine, North Wales. FEASIBILITY Extraction of 120 tonnes of fines from the waste tip will begin with trenching planned for April. Processing of bulk samples to gold concentrate will be in May […]
Llechfraith samples show gold grains and sulphides
Alba Mineral Resources plc reported “discrete grains of gold” and a “significant” proportion of sulphides at level 4 of lower Llechfraith in Clogau-St David’s gold mine, North Wales. BULK SAMPLING Of 40 samples collected, the company fed 25 into its processing plant to produce so far heavy mineral concentrates. A majority of the concentrates, containing the […]