- Alba Mineral Resources said drilling had indicated the extension of a potential additional prospective zone at its Clogau-St David's gold mine in Wales.

The company said drilling, targeting extensions to the Llechfraith mine workings, successfully intersected intrusive greenstones and shear zones dominated by intermixed Clogau shale and quartz veining.

The two drill holes intersected shear zone-hosted quartz veining up to 25 metres below the lowest known Llechfraith workings.

That confirmed the continuity of the mined shear zone structure at least 25 metres down dip of the historic mine workings.

The drill core was being sent to an accredited laboratory for assaying.

'I am very pleased to report that our drilling programme into the Llechfraith mine area has achieved its primary objective, which was to demonstrate that the shear zone-hosted quartz veins in the Llechfraith mine area continue down below the lowest level of the historic workings, being the No. 4 level,' executive chairman George Frangeskides said.

'This is significant, because shear zone-hosted quartz veining is the primary setting for all the historic gold mining at the Clogau-St David's mine.'

At 2:00pm: [LON:ALBA] Alba Mineral Resources PLC share price was +0.01p at 0.17p

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