Alba Mineral Resources Plc has reported exceptionally high-grade sampling results from No.4 Level at the Lower Llechfraith workings, the principal gold target at the Clogau-St David's Gold Mine in north Wales. The samples have returned exceptional gold grades, with up to 4.30 ounces per tonne (oz/t) recovered. These high grades are from ore that did not contain visible gold and are interpreted as part of the background gold population. The company is greatly encouraged by these results and is looking forward to forthcoming bulk sampling with confidence and excitement.
The Company has taken more than 40 samples from No.4 Level at the Llechfraith Target, and all have been processed to produce heavy mineral concentrates. The composites have now returned exceptional gold grades, with back-calculated head grades of 89.15 g/t, 111.63 g/t, and 133.73 g/t, or 2.87 oz/t, 3.59 oz/t, and 4.30 oz/t, respectively. The fact that these grades were obtained from shallow chip sampling on a level that has previously been mined suggests that further and more extensive sampling on No.4 Level is merited. The Company is also considering the potential gold processing opportunity from historic piles of broken ore on No.4 Level.
George Frangeskides, Executive Chairman, expressed his excitement about the results, stating, "These are extraordinarily good results from No.4 Level. Whereas most gold projects measure results in grams per tonne, these grades can be measured in ounces per tonne." The Company is now looking forward to the forthcoming bulk sampling on and below No.4 Level with a great deal of confidence and excitement.
The Company is greatly encouraged by the fact that these grades are from ore that does not contain visible gold and are interpreted as being part of the background gold population. Historic periods of mining reputedly relied on the discovery of "bonanza" type occurrences grading in the 10s to 100s of ounces per tonne, bonanza grades which the Company will be seeking in the forthcoming bulk sampling of the previously unmined target zones below No.4 Level.