Mise à jour opérationnelle
Alba Mineral Resources Plc / EPIC : ALBA / Marché : AIM / Secteur : Mines
13 Novembre 2023
Ressources minérales d'Alba Plc
(« Alba » ou la « Société ») ?
Mise à jour opérationnelle
Clogau Mine and Dolgellau Gold Exploration Project
Alba Mineral Resources Plc (AIM: ALBA) provides the following update regarding the ongoing operations at the Clogau-St David's Gold Mine ("Clogau" or the "Mine") and the Dolgellau Gold Exploration Project in north Wales.
Points clés
Mine d'or de Clogau-St David
· Grant of extension to European Protected Species Licence.
· Applications progressing for formal variations to the discharge and abstraction permits, with abstraction permit now in public consultation period.
· Emergency abstraction ongoing with Lower Llechfraith workings remaining fully dewatered down to Level 3, thereby protecting the safety and access works recently installed there.
· Acoustic test blasting and sampling successfully completed with noise levels all confirmed to be within agreed thresholds.
Projet d'exploration aurifère de Dolgellau
· Sample taken from Caerwych Prospect returns 1.365% copper.
· Contractors for airborne geophysical survey remain on standby to commence survey once weather conditions allow.
Détails
Mine d'or de Clogau-St David
The Company is pleased to report that its application for an extension to the duration of its European Protected Species Licence ("EPSL") has been formally granted by Natural Resources Wales ("NRW"). The new permit entitles the Company to continue its operations to dewater and explore the Lower Llechfraith workings at Clogau continuously from now until 31 September 2024. This is significant as it means that once the Company has completed the dewatering of the workings down to Level 4, it will be able to roll out its planned exploration programme at Level 4 without interruption, including throughout the winter hibernation period. This is testament to the robustness of the exclusion zone which has been constructed by the Company in order to seal off the Lower Llechfraith workings from protected species, notably bats.
The integrity of the exclusion zone was further tested recently from an acoustics perspective, with the Company's specialist acoustic consultants recording the noise levels of various exploration activities (rock loading and tipping, drilling, jet washing, channel sampling and blasting) to ascertain whether any of those activities would exceed the noise levels set by agreement with NRW. The Company is pleased to report that all noise levels were confirmed to be well within the permitted levels.
Indeed, the original plan was to carry out this acoustic test work on Level 4, however, as that remains flooded, the acoustic test work was moved to Level 3. As Level 3 is appreciably closer (approx. 9-10 metres in vertical extent) to the boundary of the exclusion zone than Level 4, the fact that the activities on Level 3 were all completed within acceptable noise levels is very pleasing, as it can reasonably be concluded that the noise levels from the exploration activities to be conducted on Level 4 will be appreciably lower still.
Figure 1: Cross-section of Lower Llechfraith workings showing location of test exploration activities conducted on Levels 1 and 3 (red circles) and location of noise measurements taken (green circles). All workings to the left of, and below, the bat exclusion cabin are within the bat exclusion zone.
Regarding the Company's applications for formal variations to its existing discharge and abstraction permits to enable it to dewater the workings at higher rates, while these applications have not yet been granted, the Company is pleased to report that the abstraction permit application entered the statutory 28-day public consultation on 8 November 2023. The discharge permit application is not subject to public consultation. Upon obtaining the revised approvals, the Company expects to proceed to a successful completion of the dewatering process and then to progress to exploration of the Lower Llechfraith workings pursuant to the permission now granted, as referred to above, by the newly extended EPSL.
In the meantime, the Company is continuing to implement emergency abstraction measures within the reflooded Lower Llechfraith workings at Clogau in order to safeguard the safety and access works installed on Levels 2 and 3. The Company intends to continue the emergency abstraction until the grant of increased abstraction and discharge thresholds.
Projet d'exploration aurifère de Dolgellau
As reported on 16 October 2023, Alba has recently conducted follow-up field reconnaissance at the historic Caerwych mine site. Five samples were sent to an independent assay laboratory, with one notable spoil tip sample returning 1.365% copper. Further work is planned for this highly prospective site.
Regarding the planned geophysical survey by unmanned aerial vehicle (or "UAV") over some of the Company's key regional gold targets, since the grant of formal approval by the Civil Aviation Authority ("CAA"), the Company's contractors have been on standby to mobilise to site and commence the first survey flight. However, to date wind speeds have been above operational limits. The Company's contractors continue to monitor weather conditions on a daily basis.
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
Cette annonce contient des déclarations prospectives relatives à des événements futurs attendus ou anticipés et à des résultats anticipés qui sont de nature prospective et, par conséquent, sont soumis à certains risques et incertitudes, tels que les conditions générales de l'économie, du marché et des affaires, la concurrence pour personnel qualifié, processus et actions réglementaires, problèmes techniques, nouvelle législation, incertitudes résultant de retards potentiels ou de modifications des plans, incertitudes résultant du travail dans une nouvelle juridiction politique, incertitudes concernant les résultats de l'exploration, incertitudes concernant le calendrier et l'octroi de la prospection les droits, les incertitudes concernant le calendrier et l'octroi des consentements et approbations réglementaires et autres tiers, les incertitudes concernant la capacité de la Société ou de tout tiers à exécuter et mettre en œuvre des plans futurs, et la survenance d'événements imprévus.
Les résultats réels obtenus peuvent différer des informations fournies dans ce document en raison de nombreux risques et incertitudes connus et inconnus et d'autres facteurs.
**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 | + 44 (0) 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 | 42.97% |
Horse Hill (huile) | de l'Angleterre | 11.765% |
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