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IN BRIEF: Alba Mineral provides operations update on Welsh assets

Mon, 24th Jul 2023 14:26

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.

Current stock price: 0.13 pence, up 0.8%

12-month change: down 26%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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