Alba Mineral Resources plc has acquired outstanding minority interests to complete its 100% ownership of the Amitsoq graphite and Melville Bay iron ore projects in Greenland. The acquisitions are a precursor to the spin-out of Alba’s Greenland projects into a new AIM-quoted company Listco. The transaction requires 100% ownership of all the Greenland projects to be delivered to Listco. […]
Tag: Amitsoq and Kalaaq deposits – Amitsoq graphite project – southern Greenland
Alba starts 1,700 drill to prepare mineral resource for Amitsoq graphite
Alba Mineral Resources plc said it had started drilling in preparation for an initial mineral resource at the Amitsoq Island graphite deposit, southern Greenland. The miner aims to drill 15 holes for 1,700 metres in some six weeks. Alba has previously reported Amitsoq graphite to be among the highest-grade graphite projects in the world, averaging 28.7% […]
Alba to explore for up to 3.6Mt graphite at Amitsoq
Alba Mineral Resources plc said it had identified an exploration target for 1.3 to 3.6 million tonnes of contained graphite at its two deposits in the Amitsoq project, southern Greenland. An independent detailed assessment for each of the Amitsoq and Kalaaq deposits, together comprising the Amitsoq graphite project, revealed a “significant exploration target.” Results show […]