Alba Mineral Resources plc has resumed blasting operations, despite the wintry weather, at the historic Clogau-St David’s mine in North Wales. MOMENTUM The company is focusing on the priority underground target of Llechfraith, from where around 15 tonnes of material from the first blast were removed during December 2025. Alba has also completed work recommended […]
Tag: Clogau-St David's gold mine
Alba completes first stage acquisition of Motzfeldt
Alba Mineral Resources plc has completed the first stage cash and shares acquisition of the Motzfeldt niobium-rare earth elements-tantalum-zirconium project in southern Greenland. FUNDRAISE Current owner is Elemental Rare Metals Ltd of which Alba’s executive chairman George Frangeskides is a founder, significant shareholder and funder. Alba said that its acquisition agreement had been modified for […]
Alba advances polymetals projects
Alba Mineral Resources plc has progressed its polymetals projects at Motzfeldt in South Greenland, Finnsbo in East Sweden and its principal Clogau gold mine asset in Wales. DRILLING A 300kg mini bulk sample, chosen from the 2.5 ton bulk sample from the Aries deposit at Motzfeldt, was sent to and crushed at SLR’s Wheal Jane […]
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 […]