Alba Mineral Resources Plc reported on the progress of ongoing works at the Company's 100% owned Clogau-St David's Gold Mine in north Wales. All of the fines collected from Trenches 1 & 3 at the Waste Tip have now been processed for their gold content. The Company is very pleased with the overall result indicated from this processing, which has returned a back calculated average head grade for the -20mm fines of 3.19 g/t.  While these latest results indicate an overall head grade lower than the initial trench assay results reported on 15 May 2024, which returned an average head grade of 6.0 g/t from Trench 1 and 17.22 g/t from Trench 3, those results were based on sample sizes of only 66.04 kg and 60.63 kg respectively, being a far smaller sample size than the 9,583 kg sample on which the latest average head grade of 3.19 g/t is based.

The Company will continue and complete the remainder of its planned trenching programme before making a final decision on the wider exploitation of the tip involving the submission of an application for planning permission. The updated status of ongoing preparations for the underground bulk sampling of the Company's primary gold target within the Mine, the Llechfraith Target, is as follows: Alba's underground works contractors have completed a further round of safety and access works on No.4 Level, including installing ladderways to enable the team to access No.5 Level for blasting. No.5 Level has been dewatered and is now accessible.  An initial survey has not identified any further safety or remedial works required on No.5 Level, however there is a significant amount of material on No.5 Level, comprising ore and what appear to be tailings from previous periods of mining and processing at Clogau, which will need to be removed prior to the commencement of blasting operations.  The material will also be sampled for its gold content in due course.

The Company's ongoing underground operations have confirmed that extensive historical development has been undertaken between No.4 and No.5 Level, with the existence of a horizontal level between those levels running at approximately 20 metres in length.