George Frangeskides of Alba discusses the work about to commence at the Waste Rock Dump at Clogau-St David's Gold Mine

George Frangeskides, Executive Chairman of Alba Mineral Resources #ALBA discusses the pitting and sampling programme scheduled to commence shortly at the historic waste rock dump at the Clogau-St David's Gold Mine, where an initial sampling exercise in 2021 returned gold grades of up to 9.89 g/t.

· Follow-up pitting and sampling exercise to commence shortly at waste dump, focusing on higher-grade zones 

· Clearance for pitting and sampling exercise received from the competent Mineral Planning Authority and Natural Resources Wales (NRW)  

· Five pits are to be dug within an area of 400m² with 60 kg samples of fines material from each pit submitted for independent assaying 

· Assuming assay values in line with first sampling phase, Alba intends to process a larger volume of the excavated fines through its existing gravity plant to extract the gold content and, thereafter, to submit a plan to mine and process the higher-grade section of the dump 

· Entire waste dump estimated to hold up to 5,000 tonnes of fines material which has the potential to be mined at low cost

The Alba Group’s mineral exploration portfolio is comprised of gold and graphite, ilmenite, base metal and iron ore projects in a cluster of countries in northern Europe (the United Kingdom, Greenland and Ireland). Our focus is on unearthing hidden value from previously drilled or mined projects.