Alba Mineral Resources PLC - mineral exploration and development company with assets in Greenland and the UK - Declares "significant exploration target" following independent assessment of Amitsoq graphite project, Greenland. "We commissioned this independent assessment of the potential quantity and grade of the graphite at the Amitsoq Graphite Project in order to provide support for their being significant tonnage potential at the project. Having now declared an initial exploration target of between 1.3 to 3.6 million tonnes of contained graphite for the two deposits combined, this gives us great confidence to move forward to a drilling programme at Amitsoq," Executive Chair George Frangeskides says.
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By Eric Cunha; ericcunha@alliancenews.com
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Alba Mineral Resources (ALBA)