In this interview George Frangeskides, Executive Chairman speaks about Greenland, Horse Hill-1 and the Clogau gold mine project.
With the share price almost doubling over the past month, what do you put that down to? George states the company are doing a lot of work on numerous fronts.
The Clogau gold mine project is a fantastic story and one of the largest gold suppliers in the uk. The gold belt has been underexplored and Alba Min Res are looking to get the mine back into production.
Horse Hill -1 Flow testing has been gone and all the permits are in place, we are looking at a 150-day flow test period into three different zones. Portland test will be around 30-40 days and then we test the two Kimmeridge layer’s for a further 30-40 each. The objective is to find a commercially viable volume of oil
Then George talks about Greenland assets in depth.
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