RE: Motzfeldt moving to 51%14 May 2026 12:14
Dr Curtis Rooks, Alba's Principal Geologist, commented:
"The completion of Alba's acquisition of a majority interest in the Motzfeldt Project marks a major milestone for
the Company. Motzfeldt is one of only five projects in Greenland to be granted 'very large deposit' status[1] and
is regarded as one of the country's most important critical mineral projects.
"Our recent confirmation of high-grade results for multiple critical metal commodities at the Merino prospect,
together with the existing defined resource at the Aries deposit, further underlines Motzfeldt's potential as a large-
scale polymetallic project across an extensive licence area.
"We look forward to providing further updates regarding our ambitious work programme for the remainder of the
year as we advance Motzfeldt firmly towards the next stage of development."