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Alba Mineral Resources Plc granted exclusive exploration rights for Gwynfynydd Gold Mine

1 min read | November 22, 2020 06:00 AM GMT | By Team Kalkine Media
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Alba Mineral Resources Plc (LON:ALBA) has been granted the exclusive exploration rights to the Gwynfynydd Gold Mine in north Wales.

  • As per the terms of the award, it’s a six-year mineral exploration licence for the company.
  • The gold mine is situated close to the town of Ganllwyd in the county of Gwynedd and shares many of the same geological and mineralogical characteristics of Clogau.
  • Based on that Alba Mineral can start the same modern exploration and development methods as having been fruitfully used at Clogau-St David's.

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