Alba Mineral Resources PLC has provided an operational update on its Clogau-St David's Gold Mine in north Wales, as well as other project-related matters. At the Clogau mine, the company has completed the processing of fines from Trenches 1 and 3 at its onsite processing plant, resulting in the production of 35 kg of concentrates. Additionally, significant progress has been made in underground operations, including the installation of cabling and a new pump to facilitate dewatering and development of No.5 Level.
The company's executive chairman, George Frangeskides, expressed his satisfaction with the progress, stating, "I am pleased to report that we have now entered the main phase of pre-blasting operations at our primary gold target in the Lower Llechfraith workings at Clogau. We look forward to providing further updates as the work plan unfolds."
In terms of the Dolgellau Gold Exploration Project, the interpretation of surveys over Hafod Owen and Castell Carndochan has been completed, with the report currently under review by the Alba technical team. Furthermore, discussions are ongoing with the vendors regarding the Andover West Lithium Option, as the option period has expired.
The company also acknowledged the recent adverse decision by the Supreme Court in relation to the Horse Hill planning permission. Alba Mineral Resources PLC has outlined a detailed plan for the underground bulk sampling exercise at the Clogau mine, including the installation of ventilation and compressed air systems, as well as the selection of a mining contractor for the blasting phase, which is expected to take around 2-3 months.
The company anticipates the collection of a bulk sample of approximately 300 tonnes, prompting consideration of an upgrade to the capacity of the existing onsite pilot plant for efficient processing. Alba Mineral Resources PLC is committed to providing further updates as the projects progress, reflecting its dedication to advancing its mining and exploration activities.