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IN BRIEF: Alba Mineral Resources Resumes Work At Clogau-St David's

14th Oct 2020 06:02

Alba Mineral Resources PLC- mineral exploration and development company focused on Greenland - Says underground exploration programme at the Clogau-St David's gold mine has resumed. The programme will run until the end of October. The programme will initially focus on underground drilling, however, the company also intends to resume its underground bulk sampling programme during this month. Following the end of the underground programme, Alba says it will commence in November a surface drilling programme at Clogau-St David's. The first phase of drilling will consist of up to 1,500 metres of the planned up to 5,000 metre surface drilling programme. Commencement of the surface drilling campaign is subject to timely receipt of all approvals and consents, Alba notes.

Current stock price: 0.50 pence

Year-to-date change: almost tripled from 0.17p

By Evelina Grecenko; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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