George Frangeskides of Alba Mineral Resources: We are hopeful that grant of the permits will happen shortly
Episode 1398, May 05, 2023, 09:53 AM
George Frangeskides Executive Chairman of Alba Mineral Resources #ALBA discusses their results from 2022 and outlook for 2023 where he's hopeful that grant of the permits for the Clogau-St David's Gold Mine will happen shortly.
HIGHLIGHTS
Positive outlook for Clogau-St David's Gold Mine
· 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').
· 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.
· 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.
· Anticipate that the HRA will provide a framework for a more streamlined and efficient process for future permitting applications.
· Encouraging site visit assisted by local member of the UK Parliament, Liz Savile Roberts MP.
Developing plans to excavate further from Clogau's historic Waste Tip
· 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.
· Intend to push forward with permitting and technical activities as soon as the Lower Llechfraith dewatering permitting has been secured.
Laying groundwork at Gwynfynydd Gold Mine & Dolgellau Gold Exploration Project
· Advancing plans for more exploration work to define resources in previously unmined areas.
· Plans to fly a high-resolution UAV aeromagnetic geophysical survey in July to refine targets for follow up groundwork.
Investee company GreenRoc Mining plc fast-tracking development of advanced graphite and ilmenite projects
· Near threefold increase in the Resource for the key Amitsoq Island Deposit, with the total graphite content rising from 1.63Mt to 4.71Mt.
· Confirmed that graphite concentrate from Amitsoq is "very suitable" for the processes by which spherical graphite is produced for the EV sector.
· Further ecological and other studies in the field at the Thule Black Sands Ilmenite Project, which will feed into the development of an EIA for the project.
· Appointed Danish geologist and Greenland expert Stefan Bernstein as CEO.
· Feasibility studies underway at Amitsoq as GreenRoc moves towards a Mining Licence application and seeks to progress discussions with interested industry and offtake partners in the coming months.
To read the full RNS click here
HIGHLIGHTS
Positive outlook for Clogau-St David's Gold Mine
· 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').
· 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.
· 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.
· Anticipate that the HRA will provide a framework for a more streamlined and efficient process for future permitting applications.
· Encouraging site visit assisted by local member of the UK Parliament, Liz Savile Roberts MP.
Developing plans to excavate further from Clogau's historic Waste Tip
· 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.
· Intend to push forward with permitting and technical activities as soon as the Lower Llechfraith dewatering permitting has been secured.
Laying groundwork at Gwynfynydd Gold Mine & Dolgellau Gold Exploration Project
· Advancing plans for more exploration work to define resources in previously unmined areas.
· Plans to fly a high-resolution UAV aeromagnetic geophysical survey in July to refine targets for follow up groundwork.
Investee company GreenRoc Mining plc fast-tracking development of advanced graphite and ilmenite projects
· Near threefold increase in the Resource for the key Amitsoq Island Deposit, with the total graphite content rising from 1.63Mt to 4.71Mt.
· Confirmed that graphite concentrate from Amitsoq is "very suitable" for the processes by which spherical graphite is produced for the EV sector.
· Further ecological and other studies in the field at the Thule Black Sands Ilmenite Project, which will feed into the development of an EIA for the project.
· Appointed Danish geologist and Greenland expert Stefan Bernstein as CEO.
· Feasibility studies underway at Amitsoq as GreenRoc moves towards a Mining Licence application and seeks to progress discussions with interested industry and offtake partners in the coming months.
To read the full RNS click here