Alba Mineral Resources plc said it had successfully completed the first blast in the next phase of its blasting programme at the Clogau-St David’s gold mine in north Wales. FOOTPRINT The single blast aimed to clear out a section not fully completed in the last phase at the Llechfraith target on Level 5. “That section […]
Tag: Alba Mineral Resources plc
Alba to acquire 51% stake in Motzfeldt
Alba Mineral Resources plc has agreed a 51% stake in, and operatorship of, the Motzfeldt niobium-tantalum-zirconium-rare earth element project in the Gardar Province in southern Greenland. ARIES The project adds to Alba’s portfolio of a 26.15% share in spin-out GreenRoc Strategic Materials plc, the Finnbo REE and gold earn-in in Sweden and its Clogau-St David’s […]
Alba defers Clogau blasting for operator
Alba Mineral Resources plc has deferred the next phase of underground blasting at Clogau-St David’s gold mine until late July when its principal blasting operator becomes available. MODIFICATIONS Operations are focused on the main Llechfraith target at the site in North Wales. Alba meanwhile continues preparations for the programme, including modifications for “greater penetration and […]
Alba progresses Clogau-Finnsbo
Alba Mineral Resources plc continues to progress operations at its Clogau-St David’s gold mine in north Wales and the gold-rare earth elements (REE) farm-in prospect in Finnsbo, eastern Sweden. HIGH GRADE The company has finalised plans for the next phase of underground blasting in the lower Llechfraith shaft at Clogau. Specifications to the technical blasting […]
Alba improves processed gold grades at Clogau
Alba Mineral Resources plc reported improved grades from further processing and refining of waste tip fines at its Clogau-St David’s gold mine in North Wales. UNDERSTATED The company previously modified the gravity recovery plant at the site before taking further samples from material in trenches two and four. Following processing, average head grades returned 9.2 […]
Alba raises £75,000 via placing
Alba Mineral Resources plc has raised £75,000 before expenses by placing 600 million new ordinary shares each at 0.0125 pence to an institutional investor. Following admission, the company’s ordinary shares in issue will total 11,541,721,949, with none held in treasury. Alba’s assets include the Dolgellau gold belt, including the historic gold mines of Clogau-St David’s […]