Alba Mineral Resources Plc - London-based mineral exploration and development company - On Monday releases bulk sample assay results produced at the Clogau-St David's gold mine.
Concentrates produced returned grades up to 461 grammes per tonne, and notes concentrates produced from the Grandfathers Stope ranged from 86.8 grammes per tonne gold to 461 grammes per tonne gold with an average of 187 grammes per tonne gold.
The company is identifying new, unworked veins in the gold mine for bulk sampling to be completed later in 2021.
Executive Chair George Frangeskides says: "These represent by far the best results obtained from the assaying of the preliminary bulk sample concentrates collected from the Clogau-St David's Gold Mine. The pilot plant continues to operate very well, with negligible values returned from the tailings."
Current stock price: 0.25 pence
Year-to-date change: down 54%
By Aidan Lane; newsroom@alliancenews.com
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Alba Mineral Resources (ALBA)