Member Info for Juggerhowe

More from Howard Baker...
“My understanding is there’s been less than 100m of underground development drilling completed at the project. That speaks volumes – they really were just following what they saw on a day-to-day basis. The forward planning in terms of mine schedules and drilling in advance of the mining – it’s a totally different environment, and obviously the economics have changed substantially. I think looking at historical mining gives you a false story of what’s achievable now.”

This is the opinion of Howard Baker, alba's previous technical director, regarding the underdevelopment of the Clogau mine in the past....
"They followed the mineralised veins – the mining was the exploration. Not a single diamond drill-hole has been put in it, from an exploration perspective. There hasn’t been any focused geochemistry or geophysics. From a modern-day exploration perspective, it’s amazingly under-developed."

No worries bb, onwards and upwards.

Per ardua ad astra.

Quite right to be skeptical bb. Normally I'd ignore this sort of rumour. And no I didn't start it, first heard it this morning on a df n then over the day. Makes some sense though, with it being Welsh gold.

In 2014 samples taken from the Clogau mine tested up to 435g of gold per ton. Before that the miners stumbled upon a quartz vein about the size of a mattress and extracted 500 ounces of gold from it. So the gold grades in the Clogau mine can be staggering, and we're drilling around 1600 feet straight into it and using modern technology.

Has anyone noticed that in todays Guardian quick crossword if you take the clue for 1 across, together with its answer and 6 down plus 10 across you get...

"Snowdonia National Park deal ahead"

That's clinched it for me, thanks for the tip off!

The planning committee meeting is scheduled to be on Wednesday the 2nd of September, 2 weeks from today. There should be an agenda published online soon.

This is how I see the next few weeks for Alba:
Planning permission for the trenching work granted on the 2nd of September, just over 2 weeks from now.
Trenching and sampling completed by the end of September.
In-mine drilling and bulk sampling completed end of September.
Gold assay results back in October.
500,000 ounces plus declared.
All operations and rights bought out by a major mining company. How much for though, £50 million? £500 million? Name your price?
All my own opinions of course but I'm very, very excited about the prospects in the next few weeks.

A full planning application for the trenching and sampling work was made on the 1st of May 2020. It's worth noting that when the mine last closed the gold price was around $290 an ounce.

Planning permission for the trenching work should be granted 6 weeks from today - on Wednesday 2nd September. So it's looking like it will be a very busy and interesting September for alba. Good luck to them.

The Welsh gold sold at the recent auction sold for around £7700 per ounce. Or 540% of the gold spot price. They don't need to find much at clogau to be into a massive profit.