Alba Mineral Resources plc has become a member of the Critical Minerals Association (UK). RESPONSIBLE The company’s current interests comprise gold in Wales, graphite and multi-metals in Greenland, rare earths-copper-gold in Sweden and oil and gas, onshore England. “This is an exciting development for Alba as we reinforce our growing profile within the UK’s critical […]
Tag: Clogau-St David’s Gold Mine
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 acquires Tanzania gold options
Alba Mineral Resources plc has acquired an option to earn into a portfolio of gold licences, including “near-term” production opportunities, in northern Tanzania. VALUE The move follows the company’s signing an option last week for the Finnsbo rare earth project in eastern Sweden. Alba said that the Tanzanian licences were in the same district as […]
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 […]
Alba reports ‘highly creditable’ fines gold
Alba Mineral Resources plc said it had a “highly creditable” result from processing fines from the surface waste tip at its Clogau-St David’s gold mine in north Wales. HISTORICAL Trench one revealed 16.4 grams equating to back-calculated head grade for the -20mm fines material of 3.83 g/t from trench one. Trench three resulted in 14.2 grams, […]
Alba extends lithium option and progresses Clogau
Alba Mineral Resources plc has extended the due diligence period for the Andover West lithium project in Western Australia while progressing operations at its Clogau-St David’s gold mine. DEWATERING The company now has until 18 June 2024 to decide whether it wishes to acquire an initial 50% interest in the lithium rights over the West […]