Business
Gold and Base Metal Grades Across Multiple Targets
Gold and Base Metal Grades Across Multiple Targets.
About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0445T\n Alba Mineral Resources PLC\n 22 November 2021\n \n \n \n \n Click on or paste the following link into your website browser to view the associated PDF document (including maps and images): \n http://www.rns-pdf.londonstockexchange.com/rns/0445T_1-2021-11-21.pdf\n \n \n \n \n \n Alba Mineral Resources plc\n \n \n (\"Alba\" or the \"Company\")\n \n \n \n \n \n Dolgellau Gold Field Project Update\n \n \n Significant Gold and Base Metal Grades Across Multiple Targets\n \n \n \n \n \n Alba Mineral Resources plc (AIM: ALBA) is pleased to provide an update on regional exploration activities at its Dolgellau Gold Field Project ('DGF' or the 'Project') in Wales as well as an update on the Company's application to dewater the Llechfraith Shaft at the Clogau-St David's Gold Mine.\n \n \n \n \n \n \n \n \n Key Points\n \n \n Dolgellau Gold Field Exploration Project\n \n \n · \n Further exploration across a number of high-priority regional exploration targets in the DGF has resulted in a suite of substantial precious and base metal results \n \n \n · \n Multi-commodity mineralisation confirmed from sampling at Hafod Owen Prospect and Carndochan Gold Mine:\n \n \n o \n Hafod Owen Prospect - in-situ gold mineralisation grading up to 1.5 g/t Au (with previous sampling grading up to 24.1 g/t Au) and spoil tip samples grading 0.353 g/t Au and 6.76% Cu)\n \n \n o \n Carndochan Gold Mine - samples returned grades of up to 20.6 g/t Au, \n 27.1 g/t Ag and 1.175% Pb \n \n \n · \n New regional exploration target identified, the Afon Gain Prospect:\n \n \n o \n Two historic trial mining sites sampled, with precious metal grades of up to 2.43 g/t gold (Au) & 33.7 g/t silver (Ag) and base metal grades of up to 3.96% copper (Cu), 4.25% lead (Pb) & 2.39% zinc (Zn).\n \n \n · \n Caerwych Prospect identified within new licence expansion, with copper grades of up to 2.92% Cu and structural gold targets identified for follow-up work.\n \n \n Clogau-St David's Gold Mine - Water Discharge Application\n \n \n · \n Following recent constructive discussions with the regulatory authority, Alba is in the process of preparing certain supplementary information to enable a further consideration of the Company's application to dewater the Llechfraith Shaft.\n \n \n \n \n \n...