Alba Mineral Resources plc (AIM: ALBA) Completion of new Thule Black Sands modelling

Alba Mineral Resources plc (AIM: ALBA), the mineral exploration and development company with a diversified portfolio of mining assets and oil and gas investments, is pleased to announce the completion of the compilation by GEUS, the Geological Survey of Denmark and Greenland, of a georeferenced orthophoto and digital elevation model across the Thule Black Sands Project area. The Thule Black Sands Project is situated in north-west Greenland and 100% owned by Alba.

Alba took aerial photography across the licence area as part of the field programme in Q3 2017. This photography was released on 1 December 2017 for the NW Target (see Thule Flyover Video RNS and link to the flyover video here:

The aerial photography highlights target mineralisation from across the entire 22km of coastline within the Project area
Data from the aerial photography has now been used by GEUS to compile orthophotography and a digital elevation model for the project. This work will assist in identifying future exploration targets and will support future Mineral Resource Estimates for the Project

Alba’s Executive Chairman, George Frangeskides, commented:
“We are grateful to the Geological Survey of Denmark and Greenland, GEUS, for their assistance in compiling this report. GEUS has been exploring the Thule region of north-west Greenland for many decades and has amassed a substantial geological database for the region. This latest analysis of the extensive mineralised coastline at our Thule Black Sands Project will greatly help us in the weeks and months ahead as we prepare a significant field work programme for this coming field season.”

Click here for full RNS

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