Mise à jour de la mine d'or de Clogau
Alba Mineral Resources Plc / EPIC : ALBA / Marché : AIM / Secteur : Mines
22 Mars 2024
Ressources minérales d'Alba Plc
(« Alba » ou la « Société ») ?
Mise à jour de la mine d'or de Clogau
Alba Mineral Resources Plc (AIM: ALBA) is pleased to provide this update on its work at the Lower Llechfraith workings (the "Llechfraith Target"), its principal gold target at the Company's 100% owned Clogau-St David's Gold Mine in north Wales ("Clogau" or the "Mine"), and across the wider Dolgellau Gold Belt.
Points clés
· Following the completion of the statutory notification requirements in respect of Alba's planned bulk sampling of the Llechfraith Target and trenching of the Clogau Waste Tip, the Company will now be proceeding with both of those exercises (refer to the indicative timetable set out below).
· In respect of the more than 40 samples taken from No.4 Level at the Llechfraith Target:
o all have now been processed in the Company's processing plant in the Llechfraith Mine Yard (the "Llechfraith Plant") to produce heavy mineral concentrates; and
o composites of the concentrates are with a third-party refining facility, with results expected shortly.
· Processing and interpretation of the airborne geophysical survey undertaken over Alba's key regional gold targets continues, with results expected from the first survey site, Clogau, in the week commencing 25 March.
George Frangeskides, président exécutif, a commenté :
"We are really pleased to have now passed the final regulatory step in our planned bulk sampling of our primary underground target within the Lower Llechfraith workings and also at the historic Clogau Waste Tip. As a result, those exercises can now proceed.
"The Waste Tip bulk sampling will proceed along a shorter timeline, as described below, reflecting the much more straightforward nature of that exercise. The underground bulk sampling, meanwhile, as one would expect, involves greater complexity in terms of engineering, logistics and safety aspects, not to mention the blasting of a significant volume of rock and its removal to surface for sorting and processing. Nonetheless, we expect to commence both processes in April.
"This is an exciting time for all of us, Alba management, Alba shareholders and of course all of our many friends and supporters within the local communities in north Wales, especially around Bonttdu and Dolgellau, as we finally move into this critical phase of work at our primary underground gold target deep within the Lower Llechfraith workings, work which will allow us for the first time to assess the overall gold grade in those never previously mined workings and in turn enable us to confirm the economic feasibility of recommencing commercial mining operations from the UK's largest gold mine."
Détails
Underground and Waste Tip Bulk Sampling
Further to the Company's announcement on 22 February, following the completion of the statutory notification requirements in respect of Alba's planned bulk sampling of the Llechfraith Target and trenching of the Clogau Waste Tip under Permitted Development Rights, the Company is now in a position to proceed with both those exercises.
Indicative timelines for both bulk sampling exercises are as follows:
(a) Waste Tip exercise (to extract approx. 120 tonnes of fines for processing and smelting):
a. Trenching: April.
b. Processing of bulk samples to gold concentrate: May.
c. Refining and smelting of gold concentrates: June.
(b) Underground Bulk Sampling exercise (to extract approx. 150 tonnes of rock from two newly developed raises for sorting, processing and refining):
a. Site mobilisation and preparation: April/May.
b. Blasting, ore removal and sorting: June/July.
c. Processing ore to gold concentrate and then refining & smelting: July/August.
Level 4 Sampling
As reported on 22 February 2024, the Company has taken more than 40 samples from No.4 Level at the Llechfraith Target. All of those samples have now been put through the Company's Llechfraith Plant to produce heavy mineral concentrates. Composites of these concentrates have been sent to a third-party refining and smelting facility to determine their gold content. The results are expected shortly.
Levés géophysiques aéroportés
Processing and interpretation by the Company's specialist geophysicists of the airborne geophysical surveys undertaken over Alba's key regional gold targets continues, with results expected to be received by Alba from the first survey site, Clogau, in the week commencing 25 March.
Cette annonce contient des informations privilégiées aux fins de la réglementation britannique sur les abus de marché et les administrateurs de la société sont responsables de la publication de cette annonce.
Énoncés prospectifs
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 and business conditions, competition for and availability of qualified staff, contractors, services, equipment and materials, the regulatory process 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 execute and implement future plans, and the occurrence of unexpected events. Actual results and timelines achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.
Déclaration de personne compétente
Les informations contenues dans ce communiqué relatives aux résultats d'exploration ont été examinées par M. Mark Austin. M. Austin est membre du SACNASP (n° d'enregistrement 400235/06), membre de la Geological Society et membre de la Geological Society of South Africa. Il a un B.Sc. Spécialisé en géologie avec 40 ans d'expérience.
Mark Austin a une expérience suffisante qui est pertinente au style de minéralisation et au type de gisement à l'étude et à l'activité entreprise pour se qualifier en tant que personne compétente telle que définie dans l'édition 2012 du 'Australasian Code for Reporting of Exploration Targets, Exploration Results , Mineral Resources and Ore Reserves », également connu sous le nom de code JORC. Le code JORC est un organisme national de déclaration aligné sur le CRIRSCO. M. Austin consent à l'inclusion dans l'annonce des faits sur la base de ses informations dans la forme et le contexte dans lesquels ils apparaissent.
**PREND FIN**
Pour plus d'informations, s'il vous plaît visitez www.albamineralresources.com ou communiquez avec:
Ressources minérales d'Alba plc George Frangeskides, président exécutif | Tel: +44 20 3950 0725
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SPARK Advisory Partners Limited (Nomade) Andrew Emmott | Tel: +44 20 3368 3555
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CMC Markets plc (Broker) Thomas Smith / Douglas Crippen | Tel: +44 20 3003 8632
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Projets et investissements d'Alba | ||
Projets exploités par Alba | Localisation | La propriété |
Clogau (or) | Pays de Galles | 100% |
Exploration d'or de Dolgellau (or) | Pays de Galles | 100% |
Gwynfynydd (or) | Pays de Galles | 100% |
Investissements détenus par Alba | Localisation | La propriété |
GreenRoc Mining Plc (exploitation minière) | Groenland | 37.49% |
Horse Hill (huile) | de l'Angleterre | 11.765% |
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