What will teach me? I tell you what Steel if you had a brain you would be quite dangerous.
😂😂😂
Steel tit ‘you have delusions of adequacy’
Ah bless Steels found a mate. Steel and Jim sitting in a tree…
SP will turn very soon
https://www.gold.co.uk/gold-price/
News due from the north and south
In southern Greenland, we have the Amitsoq Graphite Project which boasts a history of production and two ‘bonanza’ graphite deposits, showcasing average grades that outshine any other graphite project globally.
Whilst news imminent at Thule Black Sands in northern Greenland, as we have extensively drilled along a previously unexplored coastline, revealing high-grade mineral sands spanning a 10 km stretch. This resource is already substantial, capable of supporting over a decade of mining at a rate of 1.5 million tonnes per year.
Re rate on the way.
GL short, medium and especially long term holders as your patience is about to be rewarded.
But after all the challenges we have faced over the past few years in gaining access to our No.1 target within the mine, to now have that high-grade potential finally confirmed by actual results is extremely heartening. We now look forward to the forthcoming bulk sampling on and below No.4 Level with a great deal of confidence and no little excitement."
Details
As reported on 22 February 2024, the Company recently took more than 40 samples from No.4 Level at the Llechfraith Target. All of those samples have been put through the Company's Gravity Processing Plant to produce heavy mineral concentrates. Three composites of these concentrates were sent to a third-party refining facility to determine their gold content. The results are reported in Table 1. Figure 1 shows the location of the samples.
From Composite sample 1, 3.1 grams of gold were recovered from 49.2 kg of sample (dry weight). This equates to a concentrate gold grade of 1,325.92 g/t and a back-calculated head grade of 89.15 g/t or 2.87 oz/t.
From Composite sample 2, 3.2 grams of gold were recovered from 34.4 kg of sample (dry weight). This equates to a concentrate gold grade of 1,136.77 g/t and a back-calculated head grade of 111.63 g/t or 3.59 oz/t.
From Composite sample 3, 4 grams of gold were recovered from 36.9 kg of sample (dry weight). This equates to a concentrate gold grade of 1,469.51 g/t and a back-calculated head grade of 133.73 g/t or 4.30 oz/t.
26 March 2024
Alba Mineral Resources Plc
("Alba" or the "Company") 
Clogau Gold Mine Update
Exceptionally High Gold Grades Confirmed of up to 4.30 oz/t
Alba Mineral Resources Plc (AIM: ALBA) is delighted to report on exceptionally high-grade sampling results returned from No.4 Level at the Lower Llechfraith workings (the "Llechfraith Target"), Alba's principal gold target at the Company's 100% owned Clogau-St David's Gold Mine in north Wales ("Clogau" or the "Mine").
Key Points
· Alba has taken more than 40 samples from No.4 Level at the Llechfraith Target, and all have been put through the Company's Gravity Processing Plant to produce heavy mineral concentrates. Composites of the concentrates were then sent to a third-party refining facility.
· These composites have now returned exceptional gold grades:
o From Composite 1: 3.1 grams of gold were recovered from 49.2 kg of sample (dry weight), equating to a back-calculated head grade of 89.15 g/t or 2.87 troy ounces per tonne (oz/t).
o From Composite sample 2: 3.2 grams of gold were recovered from 34.4 kg of sample (dry weight), equating to a back-calculated head grade of 111.63 g/t or 3.59 oz/t.
o From Composite sample 3: 4.0 grams of gold were recovered from 36.9 kg of sample (dry weight), equating to a back-calculated head grade of 133.73 g/t or 4.30 oz/t.
· The Company is greatly encouraged by the fact that these high grades are from ore that did not contain visible gold and is interpreted as being part of the background gold population.
· Further, the fact that these grades were obtained from shallow chip sampling on a level that has previously been mined suggests that further and more extensive sampling on No.4 Level is merited. As No.4 Level is immediately accessible, this sampling can proceed without delay.
· While the planned bulk sampling within the extension to the Llechfraith Payshoot below No.4 Level (see the RNS of 22 March 2024) will target "bonanza" type grades of the kind found in previous periods of mining at Clogau, if the grades encountered on No.4 Level to date are replicated more extensively, this is expected to significantly strengthen the economic case for reopening the mine for commercial production.
· There are also historic piles of broken ore on No.4 Level that have been left in situ by previous operations. These piles represent a potential gold processing opportunity in advance of any planned new development.
George Frangeskides, Executive Chairman, commented:
"These are extraordinarily good results from No.4 Level. Whereas most gold projects measure results in grams per tonne, these grades can be measured in ounces per tonne.
"We always knew there was serious potential for finding high-grade gold at Clogau. But after all the challenges we have faced over the past few years in gaining access to our No.1 target within the mine, to now have that hig