Borland Glen Gold Project

A view looking north into Borland Glen

Alba intend to explore approximately 100 square kilometres of exploration ground near Borland Glen close to the town of Dollar, Perthshire, Scotland. Alba has selected this area due to its potential for hosting a small to medium-size gold deposit associated with a low-sulphidation epithermal system. This technical opinion is exemplified by the presence of abundant coarse alluvial gold found in the Criech, Westwater and Hodyclach Burns, the source of which has not yet been discovered. Local Devonian andesitic lavas, pyroclastic rocks and mercury anomalism are associated with the injection of high-level intrusives.

Geology map of the Borland Glen area showing alluvial gold localities and zones of hydrothermal alteration

Abundant alluvial gold, up to 10mm in diameter, occasionally attached to quartz and lithic fragments and with associated cinnabar, further indicates the areas potential for the discovery of a feeder-zone (Bonanza-type) to a low-sulphidation epithermal system. Previous detailed pit sampling by Navan Mining Ltd., revealed gold-bearing material in the area apparently confined to an orange, gritty horizon, beneath a purple sticky boulder clay and peat and soil, in the Criech Burn. There was no detailed pitting at the headwaters of the burn, but five reconnaissance pits were excavated however were not located in the channels, but were instead confined to hill and channel sides. In the opinion of Alba geologists it may be that the gold bearing target-horizon, previously identified in downstream channels was not adequately tested further upstream, where mercury and gold values in deep overburden indicate the potential prospectivity of the Green Law - Sims Hill ridge, to the north and north-east of Borland Glen. Results from these reconnaissance pitting were good with all of the pits excavated containing several thin (<30 cm) gold-bearing horizons. Limited drilling by the British Geological Survey in the ridge area identified hydrothermal breccias but no gold assays greater than 0.5 g/t gold were reported.

Coarse-grained alluvial gold and cinnabar from Borland Glen

Alba has assembled an exploration database for Borland Glen consisting of stream sediment, deep overburden and drilling data. Alba intends to undertake a deep overburden sampling programme, prospecting on Rowantree Craig and the ridge that includes Green Law, Sims Hill and Lambs Hill and will undertake ultra-fine stream sediment sampling of the local drainage system. Exploration target-areas defined the exploration programmes will be followed up by trenching and drilling as appropriate.