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Alba Minerals confirms appointment of SRK Consulting as principal technical adviser to the Clogau gold project

“We are very pleased indeed to have secured the support of a firm of the international renown of SRK to assist us and project operator GMOW as we take the Clogau Gold Project forward in the coming months and years”

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SRK will now get to work on outlining a detailed plan of attack for 2018

Alba Mineral Resources PLC (LON:ALBA) has appointed Cardiff-based SRK Consulting as the principal technical adviser to the Clogau gold project in Wales.

AIM-listed Alba holds a 49% stake in Gold Mines of Wales Limited - the owner of the project.

READ: Alba Mineral Resources looks forward to significant cash flow as Horse Hill advances

The SRK team completed a site visit just before Christmas and they will now work alongside the GMOW team to formulate a detailed plan for the exploration and development work to be carried out in 2018.

“We are very pleased indeed to have secured the support of a firm of the international renown of SRK to assist us and project operator GMOW as we take the Clogau Gold Project forward in the coming months and years,” said Alba’s executive chairman George Frangeskides.

“This is doubly the case as SRK has such a close connection with Wales. Clogau is a project with a very special place in the heritage of the United Kingdom and specifically in Wales, and as such it is important to us to have the support as many relevant stakeholders in Wales as possible we seek to take the project forward.”

READ: Alba might have next big minerals sands story says broker

Alba shares dipped 5.3% to 0.44p on Wednesday.

Quick facts: Alba Mineral Resources PLC

Price: 0.0519 GBX

AIM:ALBA
Market: AIM
Market Cap: £1.97 m
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