TIDMALBA

RNS Number : 1267C

Alba Mineral Resources PLC

18 February 2022

Alba Mineral Resources plc

Horse Hill Update

Horse Hill production consent upheld by Court of Appeal

Alba Mineral Resources plc (AIM: ALBA) notes the announcement today by UK Oil & Gas Plc ("UKOG"), as majority shareholder of Horse Hill Developments Limited (the Operator of the Horse Hill Oil Project in the Weald Basin in southern England), that the long-running appeal by Finch et al to overturn the December 2020 Judicial Review judgment upholding the legality of Horse Hill's planning consent, has been refused by the Court of Appeal.

UKOG reports that this judgment means that the planning consent for Horse Hill oil production was granted entirely lawfully and, as such, confirms that Horse Hill can remain operational until the end of its commercial field life.

   A copy of the judgment will be made available at  https://www.ukogplc.com   .

ENDS

Contact details:

 
 Alba Mineral Resources plc 
 George Frangeskides, Executive 
  Chairman                                         +44 20 3950 0725 
 SPARK Advisory Partners Limited 
  (Nomad) 
 Andrew Emmott                                     +44 20 3368 3555 
 ETX Capital (Broker) 
 Thomas Smith                                      +44 20 7392 1494 
 St Brides Partners (Financial 
  PR) 
 Isabel de Salis / Catherine Leftley    alba@stbridespartners.co.uk

Alba's Projects and Investments

 
 Mining Projects Operated        Location     Ownership 
  by Alba 
 Clogau (gold)                   Wales        90% 
                                -----------  ---------- 
 Dolgellau Gold Exploration 
  (gold)                         Wales        90-100% 
                                -----------  ---------- 
 Gwynfynydd (gold)               Wales        100% 
                                -----------  ---------- 
 Limerick (zinc-lead)            Ireland      100% 
                                -----------  ---------- 
 Investments Held by Alba        Location     Ownership 
                                -----------  ---------- 
 GreenRoc Mining Plc (mining)    Greenland    54% 
                                -----------  ---------- 
 Horse Hill (oil)                England      11.765% 
                                -----------  ----------

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END

MSCGIGDDRBBDGDI

(END) Dow Jones Newswires

February 18, 2022 03:19 ET (08:19 GMT)

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