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Below is a snipet from RNS dated 21st Oct 2020.
"Samples of the drill core from the underground drilling programme will only be sent to an accredited laboratory for assaying once the entire drilling programme has been completed, following which, sections of the core will be sampled and prepared for dispatch.
In respect of the bulk samples, the first bulk sample is being prepared for processing at a third-party processing facility in Cornwall. The remaining bulk samples collected in the programme will either be processed at the same facility or will be processed by the Company once the Company's bespoke pilot gold processing plant has been fully built (and subject to timely receipt of all necessary approvals). The Company's previous advice - that, subject to timely receipt of regulatory approvals and no delays in shipment, the Company expects the pilot plant to be fully operational in Q4 2020 - still holds"
Surely the results must be heading our way soon!
Tropez has been the most informative poster on this BB since I joined, he is very knowlegable on Alba and the current assests, if he falls into the ramper gang or catogory he is doing a good job so far.
Keep em posts coming ST
Great to see Alba gaining National news coverage, this is the start of our story unfolding, this will boom on good assay results, STV has been also been to the mine previously and has the footage ready for release when the time is right. The only way is up from here.
GLA
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Its happening folks, strap yourselves in for lift off!
C'mon AZ
Deliver the goods
The collection of a 36-tonne bulk sample from several target sites underground;
- The completion of further important in-mine safety and rehabilitation works, notably the restoration of several hundred metres of airline;
- The drilling of 7 separate targets underground for a total of 559.5 metres, with all 7 drillholes intersecting quartz veining, drillhole L002 returning significant gold assays of up to 1.79 g/t and drillholes L002 and L003 intersecting what we believe to be a 550-metre extension to the Main Lode;
- The completion of the first three holes of Phase 1 of the surface drilling campaign for a total of 399.6 metres, with each of the holes intersecting significant quartz veins from between 83-96 metres, indicating the presence of a vein system some 30 metres below the deepest previously worked zone at the Llechfraith mine area;
- The completion of the first phase of surface trenching, and this work uncovering quartz veins in several trenches including a 2.1 metre width quartz vein discovered in trench 10, comparable with the widths of the worked veins in the Clogau-St David's Gold Mine;
- The commissioning, delivery and installation of a bespoke pilot processing plant at the Clogau-St David's Gold Mine, which means that the Company can, from early next year, proceed to process all material it recovers from the mine at its own dedicated facility onsite;
- The signing of a bulk sampling lease with The Crown Estate, meaning that the Company will own any gold recovered from the processing of any and all material extracted from the Mine during the exploration phase; and
- The securing of the exclusive rights to the Gwynfynydd Gold Mine and surrounding exploration ground, meaning that the Alba Group not only now has the rights to the UK's two largest, by far, gold mines under its exclusive ownership, but also has the exclusive right to explore the entire length and breadth of the Dolgellau Gold Field in the search for new and completely unexploited gold deposits."
"These achievements put us in a very strong position as we move into 2021 and seek to complete our exploration of the Clogau-St David's Gold Mine so that we can implement our plans to bring the Mine back into commercial production as soon as possible."
The words from our CEO
The collection of a 36-tonne bulk sample from several target sites underground;
- The completion of further important in-mine safety and rehabilitation works, notably the restoration of several hundred metres of airline;
- The drilling of 7 separate targets underground for a total of 559.5 metres, with all 7 drillholes intersecting quartz veining, drillhole L002 returning significant gold assays of up to 1.79 g/t and drillholes L002 and L003 intersecting what we believe to be a 550-metre extension to the Main Lode;
- The completion of the first three holes of Phase 1 of the surface drilling campaign for a total of 399.6 metres, with each of the holes intersecting significant quartz veins from between 83-96 metres, indicating the presence of a vein system some 30 metres below the deepest previously worked zone at the Llechfraith mine area;
- The completion of the first phase of surface trenching, and this work uncovering quartz veins in several trenches including a 2.1 metre width quartz vein discovered in trench 10, comparable with the widths of the worked veins in the Clogau-St David's Gold Mine;
- The commissioning, delivery and installation of a bespoke pilot processing plant at the Clogau-St David's Gold Mine, which means that the Company can, from early next year, proceed to process all material it recovers from the mine at its own dedicated facility onsite;
- The signing of a bulk sampling lease with The Crown Estate, meaning that the Company will own any gold recovered from the processing of any and all material extracted from the Mine during the exploration phase; and
- The securing of the exclusive rights to the Gwynfynydd Gold Mine and surrounding exploration ground, meaning that the Alba Group not only now has the rights to the UK's two largest, by far, gold mines under its exclusive ownership, but also has the exclusive right to explore the entire length and breadth of the Dolgellau Gold Field in the search for new and completely unexploited gold deposits."
"These achievements put us in a very strong position as we move into 2021 and seek to complete our exploration of the Clogau-St David's Gold Mine so that we can implement our plans to bring the Mine back into commercial production as soon as possible."
The feeling may have changed for sime but fundamentaly nothing has changed and we are on track as per plan / RNS. I dont personally make descisions based on feelings and dont worry about small flucuations on the daily S.P.
Im willing to see this one out and will not sell a single share until I have good reason too.
All the best and good luck with making decisions based on feelings.
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https://twitter.com/AlbaMinerals/status/1339502045733285888?s=19