LONDON - Alba Mineral Resources Plc (AIM: ALBA), a mining sector company, has provided an operational update on its activities, including the ongoing works at the Clogau-St David's Gold Mine in Wales and recent site visits to its optioned projects in Sweden and Tanzania.
At Clogau, Alba has completed 565 man-days of drilling and blasting since early August, with an estimated 120 tonnes of ore removed for processing. This includes both historic and newly blasted material. The company noted the presence of significant visible sulphide mineralisation and gold in the blasted rocks, which is a positive indicator for gold mineralisation. However, blasting progress was slower than expected due to a large volume of historic ore and insufficient air pressure to rock drills, which has since been addressed with the procurement of a larger compressor.
Processing of test batches of blasted ore at Clogau is set to commence shortly, with the company also discussing plant upgrades for increased processing capacity. Alba's underground pump system handled the increased rainfall from Storm Darragh effectively, and the main access road to the mine, which was partly washed away, has been repaired.
In Sweden, Alba's site visits to the Finnsbo and Norrby Projects yielded preliminary assay results that are promising, with samples showing more than 10 grams per tonne of gold and 2.36% Total (EPA:TTEF) Rare Earth Oxides (TREO), confirming high-grade gold and rare earth elements reported by the project owners.
The site visits to Tanzania's optioned gold licences have been completed, with a full report from the consulting geologist and assay results from samples collected pending.
George Frangeskides, Executive Chairman of Alba, expressed encouragement over the visible sulphides and gold at Clogau and the preliminary assay results from Sweden, indicating the company's ongoing commitment to its projects.
The operational activities at Clogau and the assay results from the optioned projects are part of Alba's strategy to develop its mining interests, with further updates expected as the company continues its exploration and development efforts.
This report is based on a press release statement from Alba Mineral Resources Plc.
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