Alba Mineral Resources PLC Renewal of Gold Licence (1781F)
26 July 2016 - 4:00PM
UK Regulatory
TIDMALBA
RNS Number : 1781F
Alba Mineral Resources PLC
26 July 2016
Alba Mineral Resources Plc
("Alba" or the "Company")
Renewal of Irish base metal and gold licence near Limerick,
Ireland
Alba is pleased to announce that it has received confirmation
from the Irish Department of Communications, Energy & Natural
Resources (Exploration and Mining Division) that the Company's base
metal and gold prospecting licence in County Limerick, Ireland
(Area No. 3824) has been renewed for a further two years until 26
May 2018.
Alba will provide shareholders with a further update regarding
our planned activities in Ireland in due course.
For further information please contact:
Alba Mineral Resources plc +44 (0) 207 264 4366
Michael Nott, CEO
Nominated Adviser +44 (0) 20 7148 7900
Cairn Financial Advisers LLP
James Caithie / Liam Murray
Broker +44 (0) 1293 517 744
Dowgate Capital Stockbrokers
Limited
Jason Robertson / Neil Badger
About ALBA
Alba holds a 15 per cent interest in Horse Hill Developments
Limited, the company which has a 65 per cent participating interest
and operatorship of the Horse Hill oil and gas project (licences
PEDL 137 and PEDL 246) in the UK Weald Basin.
Alba also has an option to farm into 5% of Production Licence
235, which comprises the producing onshore Brockham Oil Field.
Alba has the right to earn up to 70 per cent of the Amitsoq
Graphite Project in Southern Greenland.
In addition, the Company has recently renewed its base metal and
gold licence in the Republic of Ireland, and has applied for the
reissue of a uranium permit in northern Mauritania. The new
Mauritanian permit will be on a reduced area, and is centred on
known uranium-bearing showings.
Alba continues actively to review and discuss other project
opportunities which have value enhancing potential for the Company
whether by acquisition, farm in or joint venture in a range of
jurisdictions around the world.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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July 26, 2016 02:00 ET (06:00 GMT)
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