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Alba Mineral Resources ( (GB:ALBA) ) has shared an update.
Alba Mineral Resources has resumed drilling and blasting operations at its priority Llechfraith target within the Clogau St David’s Gold Mine in Wales, following the completion of a recent phase of underground works. The first blast has been successfully completed, with around 15 tonnes of material now being removed from underground, and further drilling and blasting is scheduled to restart in the first full week of January 2026, while pilot processing and mine maintenance continue in the interim. Executive chairman George Frangeskides said the restart reflects the dedication of the on-site team and marks a meaningful step in advancing the Llechfraith gold target, underscoring Clogau’s central role in Alba’s gold-focused growth strategy.
More about Alba Mineral Resources
Alba Mineral Resources is an AIM-quoted mining exploration and development company focused on gold and critical raw materials. Its core portfolio includes 100%-owned Welsh gold projects at Clogau, Dolgellau and Gwynfynydd, alongside investments in graphite and oil assets and an earn-in on rare earths, copper and gold in Sweden, positioning the group as a diversified player in strategic minerals.
Average Trading Volume: 383,999,715
Technical Sentiment Signal: Strong Sell
Current Market Cap: £2.68M
For an in-depth examination of ALBA stock, go to TipRanks’ Overview page.