A History of Welsh Gold 

Wales is known for its high mineralization and especially as a coal, slate and copper-producing region. Dolaucothi in Carmarthenshire was one of the UK’s first major gold mining operations originally initiated by the Romans in 70 AD and finally closed in 1938.

From the early 1800s to the late 1990s the Dolgellau Gold Belt produced about 131,000 oz of gold, by far the most of any region within the United Kingdom.  Gold is principally derived from high grade, narrow vein mesothermal deposits. 

In turn, most of this gold (81,000 oz) has been exploited from the historic Clogau-St David’s mine that lies within the Project area (the “Clogau Gold Mine”).

Gold production records are known from 12 mines, but there are over 300 smaller workings and trials in the area.  Despite its high prospectivity, the area is considered to be underexplored and most of it has yet to be subject to sustained modern exploration at a deposit scale.