Business
Clogau Drilling Results
Clogau Drilling Results.
About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n \nRNS Number : 1831B Alba Mineral Resources PLC 28 January 2020 \n\nClick on or paste the following link into your website browser to view the associated PDF document (including maps and images): http://www.rns-pdf.londonstockexchange.com/rns/1831B_1-2020-1-28.pdf\n \nAlba Mineral Resources plc\n(\"Alba\" or the \"Company\")\n \nMaiden Drilling Programme Assay Results\nClogau Gold Project\n \nAlba Mineral Resources plc (AIM: ALBA), the diversified mineral exploration and development company, is pleased to report the assay results from the maiden drilling campaign at the Clogau-St David's Gold Mine in North Wales. The objective of the drilling was to identify possible gold-bearing extensions to one particular target area at Clogau, being the Llechfraith mine workings. \n \nThe drilling successfully intersected a quartz vein sequence up to some 25 metres below the known historical mine workings. In addition to this confirmation of the continuity of the mined shear zone-hosted quartz vein structure at depth, the assay results have now also confirmed the presence within the drillcore of gold mineralisation above the analytical detection limit. These results therefore indicate that a gold-bearing system may exist within that quartz vein sequence at depth.\nThese results give the Company confidence to embark upon follow-up work at the Llechfraith mine area to locate continuations of the previously mined historic gold shoots. \nThe Company is in the process of refining its overall 2020 work programme, which is expected to include a trenching programme across some of the 10 new regional gold targets which Alba has identified across the Dolgellau Gold Belt.\nHighlights\n \n· Completion of the first ever exploration drilling campaign at the Clogau-St David's Gold Mine to the Company's knowledge, targeting extensions to the Llechfraith mine workings.\n \n· Drillhole GMOW002 returned assay results of up to 0.08 g/t Au and drillhole GMOW003 returned assay results up to 0.09 g/t Au, with both intersections being hosted within shear zone-hosted quartz veining.\n \n· The primary objective of the short drilling programme was to identify whether the known gold-bearing geological setting at the Llechfraith mine ...