RCS - Alba Mineral Resrcs. - Commencement of Exclusive Gold Coin Auction
28/03/2025 07:00
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/.
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
For further information, please visit the Alba Mineral Resources plc investor website (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) and visit @AlbaMinerals on X (formerly Twitter).
| Contact Details | |
| Alba Mineral Resources plc,George Frangeskides, Executive Chairman | Tel: +44 20 3950 0725 |
| The GingerBread Agency,press enquiries | Gaby@gingerbreadagency.com / Tel: +44 7808 472 139 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 MaterialsPlc (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 |