Alba Min Res PLC - Brockham Update
Released
Released
Announcement PDF
RNS Number : 7532V
Alba Mineral Resources PLC
10 April 2019
Alba Mineral Resources plc
("Alba" or "the Company")
Brockham Update
Alba Mineral Resources plc (AIM: Alba), the diversified mineral exploration and
development company, announces that Angus Energy Plc, the operator of the
Brockham Oil Field under Production Licence ("PL") 235 ("Angus" or the
"Operator"), has informed the Company that that due to early receipt of all
necessary equipment, works at Brockham were started yesterday, three days
ahead of the originally scheduled April 12th start date, as previously
announced on 3 April 2019. The Operator has advised that all other guidance
on Brockham remains unchanged.
Alba owns a direct 5 per cent interest in PL 235.
This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.
For further information, please contact:
Alba Mineral Resources plc
George Frangeskides, Executive Chairman
Cairn Financial Advisers LLP (Nomad)
James Caithie / Liam Murray
First Equity Limited (Broker)
Jason Robertson
Yellow Jersey PR (Financial PR/ IR)
Tim Thompson / Harriet Jackson / Henry Wilkinson
alba@yellowjerseypr.com
+44 20 7264 4366
+44 20 7213 0880
+44 20 7374 2212
+44 77 1071 8649
Alba's Project & Investment Portfolio
Mining
Amitsoq (Graphite, Greenland): Alba owns a 90 per cent interest in the Amitsoq
Graphite Project in Southern Greenland and has an option over the remaining
10 per cent.
Clogau (Gold, Wales): Alba owns a 90 per cent interest in Gold Mines of Wales
Limited ("GMOW"), the ultimate owner of the Clogau Gold project situated in
the Dolgellau Gold Belt in Wales.
Inglefield Land (Copper, Cobalt, Gold): Alba owns 100 per cent of mineral
exploration licence ("MEL") 2017/40 and 2018/25 in north-west Greenland.
Limerick (Base Metals, Ireland): Alba owns 100 per cent of the Limerick base
metal project in the Republic of Ireland.
Melville Bay (Iron Ore, Greenland): Alba is entitled to a 51 per cent interest in
MEL 2017/41 in Melville Bay, north-west Greenland. The licence area benefits
from an existing inferred JORC resource of 67 Mt @ 31.4% Fe.
Thule Black Sands (Ilmenite, Greenland): Alba owns 100 per cent of MEL 2017/29
in the Thule region, north-west Greenland.
Oil & Gas
Brockham (Oil & Gas, UK): Alba has a direct 5 per cent interest in Production
Licence 235, which comprises the previously producing onshore Brockham Oil
Field.
Horse Hill (Oil & Gas, UK): Alba holds an 11.765 per cent effective interest in the
Horse Hill oil and gas project (licences PEDL 137 and PEDL 246 covering a total
area of 142.9 km²) in the UK Weald Basin.
Web: www.albamineralresources.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the
Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions
relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com or visit www.rns.com.
END
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