Alba Mineral Resources PLC - London-based mineral exploration company - At the Dolgellau gold fields exploration project in Wales, further exploration across several regional targets have led to a suite of substantial results, with the Hafod Owen prospect revealing in situ gold mineralisation grading up to 1.5 grams per tonne of gold.
Meanwhile, at the Afon Gain prospect, two historical mining sites were sampled, with precious metal grades of up to 2.43 grams per tonne in gold and 33.7 grams per tonne of silver, as well as base metal grades of up to 3.96% copper and 4.25% lead.
"Our ongoing exploration programme at the Dolgellau Gold Field in Wales has not only yielded substantial precious metal grades, including 20.6 g/t gold and 27.1 g/t silver at the Carndochan Gold Mine, but, importantly, it has also generated strong base metal results, which greatly increase the project's multi-commodity potential," says Executive Chair George Frangeskides.
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By Dayo Laniyan; dayolaniyan@alliancenews.com
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Alba Mineral Resources (ALBA)