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Alba Mineral Resources PLC - mineral exploration and development company with assets in Greenland and the UK - Announces the exploration licence for its Limerick base metals project in Ireland has been renewed until May 26, 2022. Says the expenditure conditions attaching to the renewal of the licence require it to incur expenditure of EUR15,732 by May 26, with a further EUR50,000 to be spent by May 26, 2022.
"Our project is situated in the Irish zinc ore field, the location of a number of high-grade zinc-lead deposits. The region has been the site of renewed drilling activity in recent years, and we look forward to renewing our exploration for high-grade zinc on our licence area in the coming months," says Executive Chair George Frangeskides.
Current stock price: 0.49 pence
Year-to-date change: down 11%
By Zoe Wickens; zoewickens@alliancenews.com
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