Alba Mineral Resources plc has started its inaugural drill, of three holes for 300 metres, at the Finnsbo gold-copper-rare earth elements earn-in located in eastern Bergslagen, Uppland, eastern Sweden.
EXPENDITURE
The two-week operation aims to determine continuity of high-grade mineralisation, with a focus on the ‘Pop 2’ site.
Alba’s first stage earn-in involves the right to spend £100,000 on qualifying expenditure over an initial 12-month period, for a 25% interest.
The company can then earn-in or acquire up to a 100% interest in the project.