Clogau Gold Mine

The Clogau (pronounced "clog-eye") Gold Mine (also known as Clogau St David's) is a gold mine near Bontddu in North Wales.

History

Originally a copper and lead mine, gold extraction began at the Clogau Gold mine in 1854, when the then director of the Clogau copper mine, Mr Goodman, unwittingly discovered gold.

In 1989 the Clogau Gold Mine was re-opened by William Roberts, founder of Clogau Gold of Wales Ltd. Gold extraction re-commenced between 1992 and 1998, with small-scale mining providing the gold for Clogau Gold jewellery. Mining eventually ceased in 1998 due to high cost of mining and diminishing quantities of gold being found.

Future mining

A 2012 report conducted by Snowdon Mining Consultants on behalf of the current owners of the mine, Gold Mining Wales Ltd (GMW), suggested that as much as 500,000 ounces of gold could be lying untouched in the area surrounding the mine,[1] giving hope that gold may again be extracted from the Clogau Gold Mine. Samples taken from a 200 metre long area returned gold grades of 30.2 to 263 grams per tonne,[2] suggesting that previously unrealised supplies of gold could potentially exist.

See also

References

  1. ↑ Darren Devine (2012-04-17). "Could Wales be sitting on gold reserves worth $200m?". Wales Online. Retrieved 2013-07-24.
  2. ↑ Ashcroft, Jamie (2013-02-07). "Stellar Resources shares soar on high grade Welsh gold results - Proactiveinvestors (UK)". Proactiveinvestors. Retrieved 2013-07-24.

Coordinates: 52°45′42″N 3°57′53″W / 52.7618°N 3.9647°W / 52.7618; -3.9647

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.