ALBA Alba Mineral Resources

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**

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