Business
Final Results
Final Results.
About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n\nAlba Mineral Resources plc\n(\"Alba\" or the \"Company\")\n \nFinal Results\n \nAlba Mineral Resources plc (AIM: ALBA) is pleased to announce its Final Results for the year ended 30 November 2022.\n \nOVERVIEW\n \nPositive outlook for Clogau-St David's Gold Mine\n· Submitted updated version of Report to Inform a Habitat Regulations Assessment ('HRA'), renewed applications for a water discharge permit, and a European Protected Species licence ('EPSL') to Natural Resources Wales ('NRW').\n· Most recently, received narrow set of comments from NRW on EPSL, including relating to noise mitigation and biosecurity. Following generation of further baseline data, that dataset and a full set of responses have now been submitted to the regulator.\n· Remain hopeful that NRW will decide shortly on the grant of the permits so that dewatering activities at the primary target within the Lower Llechfraith workings may proceed as soon as possible.\n· Anticipate that the HRA will provide a framework for a more streamlined and efficient process for future permitting applications.\n· Encouraging site visit assisted by local member of the UK Parliament, Liz Savile Roberts MP.\n \nDeveloping plans to excavate further from Clogau's historic Waste Tip\n· Current estimations of the higher-grade portion of the Waste Tip indicate up to 4,000 tonnes of fine material could be available for processing for gold.\n· Intend to push forward with permitting and technical activities as soon as the Lower Llechfraith dewatering permitting has been secured.\n \nLaying groundwork at Gwynfynydd Gold Mine & Dolgellau Gold Exploration Project\n· Advancing plans for more exploration work to define resources in previously unmined areas.\n· Plans to fly a high-resolution UAV aeromagnetic geophysical survey in July to refine targets for follow up groundwork.\n \nSurrendered Limerick Base Metals Project\n· Exploration drilling could not be progressed during 2022 as planned due to landowner access issues.\n \nInvestee company GreenRoc Mining plc fast-tracking development of advanced graphite and ilmenite projects\n· Near threefold ...