Alba Mineral Resrcs. - Successful Auction Sale of 1oz Gold Coin

Alba Mineral Resources plc (AIM: ALBA), the gold and critical minerals exploration and development company, is pleased to announce the successful auction of its exclusive 1oz gold coin, which fetched an impressive £20,000 at auction yesterday.

Struck from Welsh gold mined at the Company’s historic Clogau-St David’s Gold Mine in North Wales (“Clogau” or the “Mine”), the coin represents not only the first gold sale from Alba’s stewardship of the Mine but also the enduring appeal and rarity of Welsh gold. The price fetched by the sale represents a premium of almost 8.5 times the spot price of gold, which currently stands at around £2,370 per ounce.