REG - Alba Mineral Resrcs. - Appointment of Gold Supply Chain Expert

Alba Mineral ResourcesAnnouncement

18/11/2022 07:00

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RNS Number : 8306G  Alba Mineral Resources PLC  18 November 2022

18 November 2022 

Alba Mineral Resources plc 

("Alba" or the "Company") 

 

Clogau Update

Advancing Commercial Strategy with

Appointment of Gold Supply Chain Expert

 

Alba Mineral Resources plc (AIM: ALBA) is pleased to announce that it has
engaged Vivien Johnston Glass FRSA as its specialist "mine-to-market" supply
chain consultant for refined gold products.  This appointment is in line with
the Company's plans to advance its commercialisation strategy in readiness for
future gold processing and production at its Clogau-St. David's Gold Mine
("Clogau" or the "Mine") in Wales.

 

Vivien Johnston Glass has over 20 years' experience in the jewellery industry.
She gained an honours degree in Silversmithing and Jewellery from the
prestigious Glasgow School of Art and is former Head of Design for a
commercial jewellery design brand. With an extensive and influential network,
Vivien is an expert in the responsible sourcing of precious metals, diamonds,
and gems. She has first-hand experience of the ethical luxury consumer market
having founded her own brand in 2006 to pilot a sustainable business model
promoting positive ethics in mining and jewellery using materials exclusively
from traceable and ethical sources. Since then, she has consulted for a range
of clients including major luxury jewellery houses, independent brands,
diamond producers, junior mining companies, manufacturers, and international
brand agencies.

 

Vivien was the Chair of the Jewellery Ethics Committee UK and Ireland between
2011-2015 and Ethics Manager for the Gemmological Association of Great Britain
(2013-16). She is a fellow of the Royal Society of Arts and in 2021 launched
her own boutique consultancy, Johnston Resources.  She gained substantial
relevant experience with Scotgold Resources (2011-2022) during which time she
supported the company through from a successful planning application outcome
all the way to its commercial production phase, including the negotiation of
premiums, placing 100% of its gravity gold production, creating a chain of
custody process, coordinating the marketing and auction of investment gold,
and building a route-to-market for alloyed gravity gold for the fine jewellery
market.

 

Vivien's role with Alba will be wide-ranging, encompassing the fostering of
partnerships and offtake discussions with jewellery brands, manufacturers, and
designers; managing stakeholder relationships, including harnessing the
already considerable support for the Mine within the local community; and
supporting Alba's planning process towards permission for full-scale
commercial production at Clogau. A key aspect of her role will be to devise
and pilot a provenance-proofed, traceable "mine-to-market" supply chain for
gold produced at Clogau, which will underpin the Company's ability to command
a premium price for its products.

 

George Frangeskides, Alba's Executive Chairman, commented: "I am delighted to
welcome Vivien to the team; I cannot think of anyone better to help us to
maximise the commercial opportunities presented by this unique project. In
tandem with her strong commitment to ethics and sustainability, Vivien's
experience supporting other similar businesses including Scottish commercial
gold producer Scotgold Resources makes her ideally placed to help us to
deliver an outstanding commercial strategy for Clogau."

 

Vivien Johnston Glass said: "I am thrilled to work with Alba.  Each mine is
different and presents unique challenges and opportunities in the creation of
a verifiable route-to-market. The history and heritage of the Clogau-St.
David's Gold Mine, the cachet and prestige surrounding Welsh and particularly
Clogau gold, and Alba's position as the only possible future producer of that
gold, all make for a very exciting proposition. I look forward to supporting
Alba as it advances its commercial strategy, leveraging my experience in the
industry to foster partnerships with luxury brands and to implement a
mine-to-market verification process for Alba's gold production, which will be
essential both to ensure an ethical supply chain and to secure the best
possible returns for this unique product."

 

**ENDS** 

 

For further information, please visit www.albamineralresources.com
(http://www.albamineralresources.com/) or contact: 

 

 Alba Mineral Resources plc 

 George Frangeskides, Executive Chairman          +44 20 3950 0725  

  Vivien Johnston Glass                           vivien@johnstonresources.com
 SPARK Advisory Partners Limited (Nomad)          +44 20 3368 3555  

 Andrew Emmott 
 ETX Capital (Broker)                             +44 20 7392 1494 

 Thomas Smith
 St Brides Partners (Financial PR)                alba@stbridespartners.co.uk 

 Isabel de Salis / Catherine Leftley

 

Alba's Projects and Investments 

 Mining Projects Operated by Alba        Location      Ownership 
 Clogau (gold)                           Wales         100% 
 Dolgellau Gold Exploration (gold)       Wales         100% 
 Gwynfynydd (gold)                       Wales         100% 
 Limerick (zinc-lead)                    Ireland       100% 
 Investments Held by Alba                Location      Ownership 
 GreenRoc Mining Plc (mining)            Greenland     54% 
 Horse Hill (oil)                        England       11.765% 

 

 

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