Alba Mineral Resources Regulatory News (ALBA)

Alba Mineral Resources Plc / EPIC: ALBA / Market: AIM / Sector: Mining

26 June 2025

Alba Mineral Resources Plc

("Alba" or the "Company") 

Clogau Update

Alba Mineral Resources Plc (AIM: ALBA) is pleased to provide this operational update in respect of the Company's 100% owned Clogau-St David's Gold Mine in north Wales ("Clogau" or the "Mine").

Due to the availability of the Company's principal blasting contractor, the next phase of underground blasting at the main gold target at the Mine, the Llechfraith Target, is now anticipated to commence in late July 2025.

The Company continues to make the detailed preparations for the blasting programme in preparation for the scheduled start date, including implementing modifications in order to achieve greater penetration and faster progression through the blasting sequences.

Processing of the remaining ore stockpile continues at the Mine, with around 4 kg of concentrate currently at, or in transit to, the Company's refiner for refining.

Finally, the Company will be producing a limited series of 18 carat pendants from gold extracted by Alba from the Mine. In connection with this, the Company has registered "GMW" as a maker's mark at the London Assay Office. The Company intends to offer these pendants for sale at a set price rather than at auction and to offer verified Alba shareholders an initial priority period for the purchase of the pendants before they go on wider sale. Precise details have yet to be finalised but will be confirmed in due course.

Forward Looking Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market, financial and business conditions, competition for and availability of qualified staff and contractors, regulatory processes and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company's or any third party's ability to finance, execute and implement future plans and programmes, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.

**ENDS**

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