Member Info for Mullins58

JSP , I was thinking that. ATB

April 2025

Clogau Update

Gold Coin Sales and Processing Results

Alba Mineral Resources plc (AIM: ALBA), the gold and critical minerals exploration and development company, is pleased to provide this update on the Clogau Gold Project.

Highlights

- Private sale of second and third 1oz, 24-carat gold coins for £21,000 each.

- Further processing and refining of Waste Tip fines through the Company's modified gravity recovery plant has resulted in average head grades being returned of 9.2 g/t.

Gold Coin Sales

The second and third 1-ounce, 24-carat coins in the Company's limited edition "Tyn-y-Cornel" series, struck from Welsh gold mined at the Company's historic Clogau-St David's Gold Mine in North Wales ("Clogau" or the "Mine"), have been sold in a private sale for £21,000 each. The Company put the second coin up for public auction recently, with the highest bid of £18,000 failing to reach the reserve price the Company had set. Since the auction, a private collector has agreed to purchase the second and third coins for £21,000 each.

With the gold price currently standing at almost £2500 per ounce, the price fetched by these latest sales represents a premium of almost 8.5 times the spot price of gold, which is in line with the sale price achieved at auction.

Clogau Gold Mine

Operational Update

Alba Mineral Resources plc (AIM: ALBA), the gold and critical raw materials focused exploration and development company, provides this operational update in respect of the Clogau St David's Gold Mine in Wales ("Clogau" or the "Mine").

Following the completion of the recent phase of underground works at the Mine, the Company is pleased to confirm the resumption of drilling and blasting operations at the Llechfraith Target, Alba's priority gold target at Clogau. An estimated 15 or so tonnes of blast material are in the process of being removed from underground following the first successfully completed blast.

Drilling and blasting operations are scheduled to resume in the first full week of January 2026. In the interim, work will continue in the pilot processing plant and on other ongoing mine maintenance.

Company Comment

George Frangeskides, Alba's Executive Chairman, commented:

"We are delighted to have recommenced the drilling and blasting programme at Clogau. This has only been possible because of the dedication and expertise of the Alba team and our contractors on site throughout the past months.

"With the first blast now successfully completed, the work on the Llechfraith gold target has resumed in earnest and will kick on again from the beginning of January."

I thought is was very positive, KM looked very relaxed. If time lines are kept , then not very far away before we finally get some cash flow. ATB

Gold overtakes US bonds as largest foreign reserve asset

https://www.mining.com/gold-overtakes-us-bonds-as-largest-foreign-reserve-asset/

Up 33%

Up 33%

3.20 ticking up

0.0184/ 1.17b

I don't think so.

Added a few more. ATB

3.15 / 1.06m only 279m shares in issue

T , have a look at KDNC just had some really good news. not recommending . ATB

A Good Watch

https://www.youtube.com/watch?v=urIuxBlUkSI

A Must Watch

https://www.youtube.com/watch?v=urIuxBlUkSI

Worth a watch

https://www.youtube.com/watch?v=urIuxBlUkSI

I'm expecting an update regarding the blasting , possible pictures.

Up 18.67%

Oce , don't forget ALBA.

119m traded