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IN BRIEF: Alba Mineral Says Clogau Campaign Unhurt By Restrictions

21st Oct 2020 14:41

Alba Mineral Resources PLC - mineral exploration and development company focused on Greenland - Says its underground exploration programme at the Clogau-St David's Gold mine should not be hurt by the Welsh government's coronavirus restrictions imposed from October 23 to November 9. Adds the programme progressed well during October and is scheduled to continue until the end of the month. In November, it will start the first phase of the regional surface trenching programme as well as preparations for the surface drilling campaign.

Subject to the receipt of regulatory approvals and no delays in shipment, Alba expects its pilot gold processing plant to be fully operational in the fourth quarter of 2020.

Current stock price: 0.48 pence

Year-to-date change: up sharply from 0.17p

By Ife Taiwo; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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