Alba Mineral Resources plc said that its portfolio company GreenRoc Mining plc had identified significant graphite extensions at the Kalaaq deposit in Greenland. BUSINESS STRUCTURE The project lies south of Alba’s 100% owned Amitsoq graphite project and is run by GreenRoc in which Alba holds a 54% interest. FIELD PROGRAMME GreenRoc plc said that a […]
Tag: Greenland
Alba increases drill holes and depths for TBS ilmenite
Alba Minerals Resources plc has completed its planned drilling programme, doubling the number of drill holes for greater depths at the Thule Black Sands (TBS) ilmenite project in Greenland. DRILL FENCES Through its subsidiary White Eagle Resources Ltd, the company aims to expand and upgrade the resources defined during the 2018 drilling campaign. A total […]
Alba to test ilmenite and drill deeper at Thule Black Sands
Alba Mineral Resources plc will conduct tests for ilmenite products and produce samples for customers and offtake partners at its Thule Black Sands (TBS) project in northern Greenland. The company added it also expected to increase tonnage at the site by drilling at depth next year. TBS has a combined mineralised strike length of around […]
Alba raises £1.3m for Wales and Greenland projects
Alba Mineral Resources has raised £1,300,000, before expenses, through the issue of 472,727,272 new ordinary shares at a price of 0.275 pence per ordinary share. The proceeds were raised at a price four times higher than the price of money raised last month. Funding will now go towards Alba’s diversified portfolio including including surface drilling […]