Metals & Minerals News

Alba renews exploration licence at Limerick zinc-lead project

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Alba Mineral Resources plc has renewed its mineral exploration licence until 26 May 2024 ahead of follow-up drilling at its 100% owned base metals project in Limerick, Ireland.

Applications: Alba aims to start a drilling programme before the end of 2022 (Alba Mineral Resources)

TERMS

This is the second time the company has renewed the PL3824 which lies in the Irish zinc ore field hosting a number of high-grade zinc-lead deposits.

Renewal requires the company to spend €38,087 by 31 December 2022 and a further €62,500 by 26 May 2024.

PERMITS

Alba has previously identified three principal exploration target areas for follow-up drilling at Limerick. 

The company has submitted applications for drill permits with the aim of starting drilling before the end of 2022.

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  1. Pingback: Alba losses rise following GreenRoc listing and increased exploration - Extractive Industries

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