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Share Price: 0.0675

Bid: 0.065

Ask: 0.07

Change: 0.00 (0.00%)

Spread: 0.005 (7.692%)

Open: 0.0675

High: 0.0675

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IN BRIEF: Alba Mineral Lauds "Significant" Clogau-St David's Find

Wed, 02nd Dec 2020 12:00

Alba Mineral Resources PLC - mineral exploration and development - Says drilling of Clogau-St David's gold mine intersects potential 550 metre extension of Clogau Main Lode, "source of most of the historic gold production at the mine". Executive Chair George Frangeskides comments: "The Main Lode has provided most of the gold production at the Clogau-St David's Gold Mine historically, so finding a continuation of the Main Lode which has never previously been exploited would constitute the most significant discovery at the Mine in many decades."

Current stock price: 0.43 pence

Year-to-date change: up more than double from 0.17p

By Eric Cunha; ericcunha@alliancenews.com

More News

31 Oct 2023 16:47

TRADING UPDATES: GreenRoc bullish on asset; Esken eyes Renewables sale

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

16 Oct 2023 12:43

GreenRoc gets green light for exploration licence in Greenland

(Alliance News) - GreenRoc Mining PLC on Monday said it was given the green light from the Greenland government to expand its Amitsoq graphite project.

9 Oct 2023 13:30

IN BRIEF: GreenRoc wins grant; Alba Mineral notes announcement

Alba Mineral Resources PLC - UK and Greenland-focused mineral explorer - Says its portfolio company, GreenRoc Mining PLC, has been awarded a grant by the UK's Automotive Transformation Fund to part-finance a feasibility study into the establishment of a graphite spheronisation processing plant to produce active anode material in the UK from graphite concentrate delivered from GreenRoc's Amitsoq graphite project in southern Greenland.

18 Sep 2023 20:09

IN BRIEF: Alba Mineral says request refused by Welsh regulator

Alba Mineral Resources - Northern Europe-focused mineral explorer - Gives update on the dewatering and associated safety and access works at its primary target within the Clogau-St David's gold mine in north Wales. Notes that its request for temporary extension to higher rate abstraction to take account of exceptionally heavy rains in July and August was refused by Natural Resources Wales, an environmental regulator. Meanwhile, Alba Mineral starts emergency abstraction to protect safety and access works that were completed on levels 2 and 3 prior to workings reflooding. Further, due to delays in approval for its drone from the civil aviation authority, pushes back the proposed airborne geophysical survey over some of its gold deposits to October.

18 Sep 2023 10:57

AIM WINNERS & LOSERS: Orcadian surges on deal for Pilot field

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

17 Aug 2023 10:39

Alba Mineral turns to statutory profit due to accounting standards

(Alliance News) - Alba Mineral Resources PLC on Thursday reported a statutory half-year profit due to accounting standards relating to the loss of its majority stakeholder status in GreenRoc Mining PLC.

16 Aug 2023 11:46

Heavy summer rain slows down dewatering at Alba Mineral gold mine

(Alliance News) - Alba Mineral Resources PLC on Wednesday said it needs more time to complete dewatering at one of its mines after this summer's "exceptionally heavy rainfall."

16 Aug 2023 11:02

AIM WINNERS & LOSERS: Belluscura receives orders for 6,500 Discov-R

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

16 Aug 2023 07:52

LONDON BRIEFING: Admiral's interim revenue climbs 14% year-on-year

(Alliance News) - Stocks in London are expected to fall at Wednesday's open, in line with declines seen across global equities.

2 Aug 2023 13:32

IN BRIEF: GreenRoc Mining raises GBP470,000 through placing

GreenRoc Mining PLC - mining company with operations in Greenland; portfolio company of Alba Mineral Resources PLC - Raises gross proceeds of GBP470,000 via placing of 12.4 million shares at a price of 3.8 pence per share. Net proceeds will be put towards finalisation of the primary economic assessment of the Amitsoq project, laboratory preparation of different graphite product samples, ongoing field sampling connected to environmental & social impact assessment studies, and test processing of Amitsoq graphite ore.

27 Jul 2023 21:53

TRADING UPDATES: Ormonde eyes AIM exit; Online Blockchain tests AI app

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

24 Jul 2023 14:26

IN BRIEF: Alba Mineral provides operations update on Welsh assets

Alba Mineral Resources PLC - Northern Europe-focused mineral explorer - Says the dewatering exercise at its primary gold target, the Lower Llechfraith workings at the Clogau-St David's mine system in Wales, is proceeding pumping of the water from the workings is ongoing. Expects to commence safety works this week. Also notes it now expects geophysical survey flights for the Dolgellau gold field to begin in late August or in September, after further delays in the processing of its application by the unnamed regulatory authority. This is following advice from its contractors undertaking the unmanned aerial vehicles flights.

5 Jul 2023 11:23

IN BRIEF: Alba Mineral raises GBP750,000 through placing

Alba Minerals PLC - Northern Europe-focused mineral explorer - Raises GBP750,000 through the issue of 600 million shares at a price of 0.125 pence per share. The company is putting in place a broker option allowing subscriptions of up to GBP100,000 in total on the same terms and conditions of the placing with priority to existing shareholders. Alba Mineral says this following its announcement on Tuesday that it had0 received an ecological grant allowing it to dewater and explore its primary gold target at Clogau St David's gold mine in Wales.

4 Jul 2023 12:08

LONDON MARKET MIDDAY: Stocks higher amid US holiday-thinned trade

(Alliance News) - Stock prices in London were higher at midday on Tuesday, with the absence of US markets and any major economic releases keeping trade muted.

4 Jul 2023 10:32

AIM WINNERS & LOSERS: Alba wins permits; Aptamer cash-strapped

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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IN BRIEF: Alba Mineral Lauds "Significant" Clogau-St David's Find

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