RE: Delayed Trades9 Feb 2023 16:30
Its actually made me realise How expensive Our Gold is!!!!!!!!!
And just in case anyone needs reminding of why we are actually here:
Dolgellau Gold Exploration
Project in Brief
Clogau-St David’s is essentially two gold projects in one, first of all the work to restart commercial production at the historic Clogau-St David’s gold mine and secondly the search for entirely new gold deposits within the wider Dolgellau Gold Belt.
Despite being an established gold-producing area, the Dolgellau Gold Belt is considered to be underexplored, with most of it yet to be subject to sustained modern exploration at a regional scale. in terms of the use of methods such as low detection limit geochemical soil sampling, close-spaced ground geophysical surveys and drilling.
Alba’s geochemical soil sampling programme has been rolled out on a regional scale, and has so far identified 10 significant gold anomalies away from the historic mine area and confirmed gold mineralisation over a six-mile section of the Dolgellau Gold Belt.
The largest new gold anomaly identified is about two kilometres long, four times longer than the length of the equivalent anomaly over the historic Clogau-St David’s Mine.
Alba has also discovered potential extensions to the existing footprint of the historic mine area, with infill sampling confirming continuity of an anomaly, Lowri, lying parallel to the Llechfraith adit and a major anomaly, Eryn, lying above historic Llechfraith workings.
The completed first phase of surface trenching over the Dolgellau Gold Field has validated our regional geological model, by uncovering multiple quartz veins in the target area identified during Alba’s extensive soil sampling programme. This included a 2.1 metre width quartz vein, comparable with the widths of the worked veins in the Clogau-St David’s Gold Mine. Follow-up work is now planned for this target, as well as trenching over some of the nine other significant gold targets in the Gold Field.
IT's all on the ALBA Web site and with diagrams
Love and peace
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