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Going for gold: coin marks hope of bringing Welsh mine back from the dead
- Dai Jones and his colleagues hunt for gold in the hills of north-west Wales, finding joy in discovering specks of gold.
- Clogau St David’s mine in Gwynedd, the UK's once richest goldmine, is being revived by Alba Mineral Resources, with modern technology aiding in the extraction of gold.
- Gold has been extracted once again from Clogau, with an auction for a 1oz coin made from its gold to celebrate the site's revival.
- The team at Clogau has meticulously drained flooded tunnels, removed spoil heaps, and ensured modern safety standards.
- Quartz veins with a 'stripey and dirty' texture in a zone named Llecfraith payshoot are being targeted for gold extraction.
- The operation involves blasting and digging at 'level five', where workers laboriously extract ore containing gold from the rock face.
- The extracted ore is crushed, hammered, separated for gold flakes, and refined, marking the economics of the pilot plant mining operation.
- The coin minted from the mine's gold, featuring a dragon and miners, is auctioned with a guide price of £20,000 to £25,000.
- The potential of finding a significant amount of gold in the hillside could create more jobs and boost the local economy in an area reliant on tourism and agriculture.
- Alba's chair, George Frangeskides, remains hopeful about the success of the mining industry, with a focus on proving the gold reserves at Clogau for potential future growth.
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