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: graphite
Alba intersects significant graphite layers at Amitsoq
Alba Mineral Resources plc said its completed first drilling campaign had intersected “significant” graphite layers at the Amitsoq graphite project in southern Greenland. THICKNESS The company’s subsidiary Obsidian Mining Ltd completed its planned diamond drill programme at the Amitsoq Island deposit, part of the overall Amitsoq project, to establish an initial mineral resource. A total […]
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 […]