Alba Mineral Resources (AIM:ALBA) has successfully dewatered Level 4 at Clogau and now has access to the primary gold target.
In this interview, investors will hear about:
- How mapping, bulk sampling, 3D scanning and firstly a risk assessment will happen in the next few weeks at the highly prospective Clogau Gold Mine in North Wales, UK
- When Alba plan to bulk sample several hundred tonnes of material below the Level 4 primary gold target, which has never been developed before
- Why Dewatering will carry on throughout the lifetime of the mine, with particular focus below Level 4
- Why Alba is looking for new resource in other old historic mining areas with their geophysical air surveys: Castle Cardochan has been completed, two others to follow at Hafod Owen and Gwynfynydd in North Wales.
- Why GreenRoc (GROC) is now confirmed as one of the highest grade graphite projects in the world: 20.41%, grade and 4.7 million tonnes resources of contained graphite, suitable for EV batteries.
“We are very, very confident there is gold down there [at Clogau], so we will just keep on until we find it” said George Frangeskides, Executive Chairman, Alba Mineral Resources.
Reasons to add Alba Mineral Resources to your Watchlist:
- UK’s largest historic producer of gold
- Significant progress with dewatering at Clogau Gold Mine Level 4
- Now have access to the primary gold target at Clogau with bulk sampling to come
- 37.49% majority stake in AIM-listed GreenRoc Mining (AIM:GROC):
- GROC have a world class graphite deposit at Amitsoq in Southern Greenland.
- Expect a Pre-feasibility Study for Amitsoq in 2024
- Production at Amitsoq to commence in 2027
George Frangeskides , Executive Chairman, Alba Mineral Resources, was interviewed by Donald Leggatt, IR Media Director at focusIR.
Alba Mineral Resources (ALBA)