Announcement PDF RNS Number : 1709B Alba Mineral Resources PLC 21 August 2024 Alba Mineral Resources Plc / EPIC: ALBA / Market: AIM / Sector: Mining 21 August 2024 Alba Mineral Resources Plc ("Alba" or the "Company") Clogau Operational Update First Blast of Llechfraith Target Approaches Alba Mineral Resources Plc (AIM: ALBA) is pleased to report on the progress of ongoing preparatory works in readiness for blasting at the Company's 100% owned Clogau-St David's Gold Mine in north Wales ("Clogau" or the "Mine"). Key Points - The remaining preparations for blasting of the Llechfraith Target have now been completed involving the installation of a ventilation system, compressed air and water to service the planned operations on No. 4 and 5 Levels. - The installation of a large tonnage winch system to lift blasted ore to surface and electrical connection of the newly installed compressor is due to be completed this week. - The first blast of the Llechfraith Target, Alba's primary gold target at Clogau, is anticipated to take place within the next seven days or so. - The mucking out of residual ore and tailings from No. 4 and 5 Levels in the Lower Llechfraith workings has so far resulted in around 12 tonnes of material being removed to surface. Of this, around 1.5 tonnes have so far been processed at the Company's pilot processing plant. The concentrate produced will be sent to a thirdparty refiner for the extraction of the gold content. George Frangeskides, Executive Chairman, commented: "Since our last update, work has continued round the clock to prepare the Llechfraith Target, our primary gold target at Clogau, for blasting. We are pleased to be entering the home straight now in those preparations and anticipate the first blast in the coming days." Image Gallery - Preparations for Blasting Above: Inspecting quartz vein in Lower Llechfraith workings Above: Sheave wheel rehabilitated and turning again after 30 years of inactivity Above: Ore left behind in Lower Llechfraith workings; removed to surface for processing Above: New compressor unit installed Above: Historic rail tracks and ore tubs rehabilitated for transport of blasted ore Forward Looking Statements This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market, financial and business conditions, competition for and availability of qualified staff and contractors, regulatory processes and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company's or any third party's ability to finance, execute and implement future plans and programmes, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. **ENDS** For further information, please visit www.albamineralresources.com or contact: Alba Mineral Resources plc +44 20 3950 0725 George Frangeskides, Executive Chairman SPARK Advisory Partners Limited (Nomad) +44 20 3368 3555 Andrew Emmott CMC Markets plc (Broker) +44 20 3003 8632 Thomas Smith / Douglas Crippen Alba's Projects & Investments Projects Operated by Alba Location Ownership Clogau (gold) Wales 100% Dolgellau Gold Exploration (gold) Wales 100% Gwynfynydd (gold) Wales 100% Location Ownership GreenRoc Strategic Materials Plc (graphite anode) Greenland 34.72% Horse Hill (oil) England 11.765% Investments Held by Alba This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END NRAFFFLLTLIIFIS