RE: Damn certainty23 Jul 2024 17:31
Though it has been frustrating with the Process of Gold mining.
This was mainly down to Natural Resources Wales, Alba carried out every Health, Safety and Habitation requirements. This took time plus with Covid.
I'm personally grateful for Scotalba updates during this period and still appreciate he's time.
History tells us there is Bonanza Gold within Clogau. In the past, many Company's found these Grades and then no more. But they weren't Geologists.
Now Geologist know where to look with the Information now gathered.
Alba must be Professional and bide by the Regulations set by Snowdonia and NRW.
I see both arguments as my Average is way too high.. and I can't keep averaging down as the bottom price then drops again.
I have both editions of Graham W Hall, Gold Mines of Merioneth.
1st Edition Chapter 14.
If Geological and other characteristics were clearly explained in Chapter Three and elsewhere it will have been realised that the only gold deposits yet found in the District which it has paid to work have been it's Bonanza, pockets containing something from 5,000 to 20,000 ounces of Gold in a block of lode material somewhere about the size of a Room.
It carries on, the Bonanza are the currants in a Layer of Currant cake.. etc. These layers go deeper and deeper into the Earth.
This is why Exploration and Drilling is required, though it Hurts the Long term Shareholders values..
It's worth reading this Book.. Jack William's Grandfather worked at Clogau.. passed he's Knowledge, these levels have been flooded.
It be Great for Dolgellau or Barmouth to have local Crafts associated with Clogau Gold.
We just need the Revenue of Welsh Gold.. History mentions that