Alba Mineral Resources PLC has successfully dewatered the Lower Llechfraith workings at its Clogau-St David's Gold Mine in north Wales down to No.4 Level. This achievement follows the grant of revised discharge and abstraction permits, allowing the company to dewater the area at a rate of up to 250 cubic meters per day. The company's geotechnical contractors have also completed the installation of new platforms and ladderways to allow access to No.4 Level. Alba plans to carry out a risk assessment, preparatory works, and initial exploration work on No.4 Level. The dewatering exercise will continue to prepare for the planned bulk sampling of the Lower Llechfraith workings. Additionally, the airborne geophysical survey over Alba's key regional gold targets has recommenced and is progressing well.
George Frangeskides, Executive Chairman of Alba Mineral Resources PLC, expressed delight at the successful dewatering, stating, "We are delighted to have dewatered the Lower Llechfraith workings down to No.4 Level." He also mentioned the pleasing progress of the airborne surveys over the principal regional gold targets. The company's specialist consultants are on standby to commence the compilation and interpretation of the geophysical data generated by the survey as soon as it has been completed.
This announcement contains forward-looking statements and inside information for the purposes of the UK Market Abuse Regulation. Alba Mineral Resources PLC's projects and investments include the Clogau gold mine, Dolgellau Gold Exploration, Gwynfynydd gold, GreenRoc Mining Plc, and Horse Hill. For further information, visit the company's website or contact the provided representatives.
This update showcases significant progress in the dewatering of the Lower Llechfraith workings at the Clogau-St David's Gold Mine, as well as the positive developments in the airborne geophysical survey over the company's key regional gold targets.