RCS - Alba Mineral Resrcs. - Commencement of Exclusive Gold Coin Auction

Alba Mineral ResourcesAnnouncement

28/03/2025 07:15

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RNS Number : 6637C  Alba Mineral Resources PLC  28 March 2025

Alba Mineral Resources Plc / EPIC: ALBA / Market: AIM / Sector: Mining

28 March 2025

Alba Mineral Resources Plc

("Alba" or the "Company") 

Clogau Update

Commencement of Exclusive Gold Coin Auction

Alba Mineral Resources Plc (AIM: ALBA) is pleased to confirm that the first
auction of the Company's limited edition 1oz Welsh gold coins will commence
this Sunday 30 March 2025.

Alba has minted just three exclusive 24-carat, 1-ounce "Tyn-y-Cornel" gold
coins, each of which has been made entirely from gold extracted by the Company
from the Clogau-St David's Gold Mine in Wales ("Clogau" or the "Mine"). The
first of these coins will be auctioned online from Sunday 30 March to Thursday
3 April 2025, with collectors and investors invited to register for the
auction at https://alba.irostrum.auction/ (https://alba.irostrum.auction/) .

 

Figure 1: The front of the coin features a striking Welsh dragon atop Cadair
Idris, one of Snowdonia's (Eryri's) most famous mountains. Background:
specimen of quartz containing visible gold from Clogau-St David's (not
included in the auction lot).

Figure 2: The reverse of the coin pays homage to the Mine's golden era with an
image inspired by historic photographs of miners outside the Tyn-y-Cornel
adit.  Background: specimen of quartz containing visible gold from Clogau-St
David's (not included in the auction lot).

 

The coin will be presented in a bespoke case made of Welsh oak, lined in
crushed velvet and inscribed with: "Clogau-St David's Gold Mine, Limited
Edition 1oz Coin, Tyn-y-Cornel, 2025".  A numbered certificate of
authenticity will also be provided by the Company.

George Frangeskides, Executive Chairman, commented:

"We are delighted to announce the first public auction of our beautifully
designed and crafted limited edition 1-ounce pure Welsh gold coins. This is
the first gold production to come out of the historic Clogau-St David's Gold
Mine in more than 25 years and represents the culmination of a huge endeavour
on the part of Alba and our dedicated management and technical team. We are
excited to see what price the first of these exclusive coins will fetch on
the open market."

 

**ENDS**

Engage with Alba by asking questions, watching video summaries and reading
what other shareholders have to say. Navigate to our interactive Investor Hub
here:

https://albamineralresources.com/link/lPdA7y
(https://albamineralresources.com/link/lPdA7y)

 

For further information, please visit the Alba Mineral Resources plc investor
website (www.albamineralresources.com (http://www.albamineralresources.com) )
and sign up to receive news and engage with the Alba management team.
Subscribe to our news alert service
(https://alba-l.investorhub.com/auth/signup
(https://alba-l.investorhub.com/auth/signup) ) and visit @AlbaMinerals on X
(formerly Twitter).

 

 Contact Details
 Alba Mineral Resources plc, George Frangeskides, Executive Chairman  Tel: +44 20 3950 0725

                                                                      Gaby@gingerbreadagency.com (mailto:Gaby@gingerbreadagency.com)  / Tel: +44

                                                                    7808 472 139
 The GingerBread Agency, press enquiries

                                                                      Madelaine@gingerbreadagency.com (mailto:Madelaine@gingerbreadagency.com)

 

 

 Alba's Projects & Investments

 Projects Operated by Alba                            Location   Ownership
 Clogau (gold)                                        Wales      100%
 Dolgellau Gold Exploration (gold)                    Wales      100%
 Gwynfynydd (gold)                                    Wales      100%
 Investments Held by Alba                             Location   Ownership
 GreenRoc Strategic Materials Plc (graphite - anode)  Greenland  28.14%
 Horse Hill (oil)                                     England    11.765%
 Earn-in Projects                                     Location   Earn-in Rights
   Finnsbo (rare earths, copper, gold)                Sweden     Up to 100%
 Optioned Projects                                    Location   Further details
   Norrby (gold, other metals)                        Sweden     RNS 6/11/24
   Glava (copper, gold)                               Sweden     RNS 6/11/24

 

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