Business
Operational and Corporate Update
Operational and Corporate Update.
About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n\nAlba Mineral Resources Plc / EPIC: ALBA / Market: AIM / Sector: Mining\n6 December 2023\nAlba Mineral Resources Plc\n(\"Alba\" or the \"Company\") \n \n \nOperational and Corporate Update\nAlba Mineral Resources Plc (AIM: ALBA) provides the following operational and corporate update.\nOperational Update: Highlights\n- Decisions on dewatering permits for the Lower Llechfraith workings hoped for before the end of the year.\n \n- Lower Llechfraith safety and access works to be further progressed next week, in readiness for the completion of dewatering and start of exploration on Level 4.\n \n- Airborne geophysical survey over key regional gold targets underway, and survey over the Clogau target area has been completed.\nOperational Update: Details\nClogau-St David's Gold Mine\nThe Company's applications for formal variations to its existing discharge and abstraction permits, to enable the dewatering of the Lower Llechfraith workings to proceed at higher pumping rates, remain in process with the environmental regulator, Natural Resources Wales (\"NRW\"). \nRegarding the abstraction permit application, it was previously the Company's understanding that this had entered the statutory 28-day public consultation on 8 November 2023, which would have meant the public consultation ending on or around 6 December 2023. However, the Company has been advised by NRW that, although the application was advertised by NRW in the 8 November 2023 edition of a local newspaper, it was not uploaded to NRW's website at the same time, this being done subsequently. Accordingly, NRW has advised the Company that, both of the foregoing elements being statutory requirements, it has had to extend the end date of its public consultation to 20 December 2023, but that it hopes to be able to make a decision on both the abstraction and discharge permit applications shortly thereafter. The Company will provide a further update as and when it is notified of a formal decision. \nThe Company having recently received an extension to its European Protected Species Licence, once it is also in receipt of positive decisions on these two remaining applications, it will proceed as soon as practicable to completion of the dewatering of the Lower Llechfraith workings down to and includ...