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Clogau Gold Mine Operational Update

In brief · summary, not quotable

Alba Mineral Resources Plc has announced the resumption of drilling and blasting operations at the Llechfraith Target within its Clogau St David's Gold Mine in Wales, following the completion of recent underground works. Approximately fifteen tonnes of blast material are being removed after the first successful blast, with drilling and blasting scheduled to recommence in the first full week of January 2026, while the pilot processing plant and mine maintenance continue.

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Clogau Gold Mine

Operational Update

Alba Mineral Resources plc (AIM: ALBA), the gold and critical raw materials focused exploration and development company, provides this operational update in respect of the Clogau St David's Gold Mine in Wales ("Clogau" or the "Mine").

Following the completion of the recent phase of underground works at the Mine, the Company is pleased to confirm the resumption of drilling and blasting operations at the Llechfraith Target, Alba's priority gold target at Clogau. An estimated 15 or so tonnes of blast material are in the process of being removed from underground following the first successfully completed blast.

Drilling and blasting operations are scheduled to resume in the first full week of January 2026. In the interim, work will continue in the pilot processing plant and on other ongoing mine maintenance.

Company Comment

George Frangeskides, Alba's Executive Chairman, commented:

"We are delighted to have recommenced the drilling and blasting programme at Clogau. This has only been possible because of the dedication and expertise of the Alba team and our contractors on site throughout the past months.

"With the first blast now successfully completed, the work on the Llechfraith gold target has resumed in earnest and will kick on again from the beginning of January."

Alba Mineral Resources plc George Frangeskides, Executive Chairman+44 20 3950 0725
SPARK Advisory Partners Limited (Nomad) Andrew Emmott+44 20 3368 3555
CMC Markets plc (Broker) Thomas Smith / Douglas Crippen+44 20 3003 8632
Alba's Projects & Investments
Projects Operated by AlbaLocationOwnership
Clogau (gold)Wales100%
Dolgellau Gold Exploration (gold)Wales100%
Gwynfynydd (gold)Wales100%
Investments Held by AlbaLocationOwnership
GreenRoc S trategic Materials Plc (graphite - anode)Greenland25.3 4 %
Horse Hill (oil)England11.765%
Earn-in ProjectsLocationEarn-in Rights
Finnsbo (rare earths, copper, gold)SwedenUp to 100%

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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