RE: Press10 Jan 2021 09:50
Easily worth more than 28M ....
In Mining:
Amitsoq graphite (Alba 90%): high-grade graphite comprising a former mine with drill-ready targets
Thule Black Sands (Alba 100%): ilmenite confirmed over a strike length of 10km, extensively drilled and now benefiting from a 19MT JORC resource.
Melville Bay iron ore (Alba 51%): previously drilled project with a JORC resource of 67MT @ 31.4% Fe
Inglefield Land polymetallic (Alba 100%): known copper, cobalt, gold and nickel mineralisation
Gold Mines of Wales (Alba 90%): an exploration licence covering the historic Clogau-St David's gold mine and most of the Dolgellau Gold Belt, where Alba has discovered 10 major new gold anomalies across a six-mile stretch.
Oil & Gas
Horse Hill oil & gas (Alba 11.765%): long-term flow tests underway since late June 2018, now in commercial production after succesfully drilling two wells.