Alba secures further exploration licence in Greenland
JOHANNESBURG (miningweekly.com) – Aim-listed Alba Mineral Resources has been granted a mineral exploration licence in the Inglefield Land region of north-west Greenland.
Inglefield Land is close to Alba's existing Inglefield mineral exploration licence and hosts a range of high value commodities, including gold. The new licence block covers an area of 466 km2.
“We are very pleased to have added to our exploration ground in Inglefield Land. Once further ground became available late last year, we identified the major areas of interest and submitted our application, and are grateful for the continued vote of confidence in our team's work in-country,” chairperson George Frangeskides said in a statement.
Extensive exploration has been carried out across Inglefield Land by previous operators in the region, as well as the Geological Survey of Denmark and Greenland (GEUS).
The historical data on Alba's combined Inglefield Land ground includes assay results confirming the presence of copper, gold, cobalt, vanadium and nickel, several commodities of which have key roles to play in the electric vehicle battery and renewable energy sectors.
Alba said GEUS had identified that Inglefield Land has the potential for copper-zinc volcanogenic massive sulphide (VMS) deposits, which are associated with and created by volcanic-associated hydrothermal events in submarine environments. Previous surface sampling has reported anomalous copper (up to 1.39%), gold (up to 1.7 g/t), cobalt (up to 0.16%), vanadium and nickel.
“In the coming months investors can expect to see significant news flow at Alba, not only across our suite of high-quality mining assets in Greenland and the UK, but also of course in relation to our substantial interests in the Horse Hill and Brockham oil projects both of which, as previously reported by their respective operators, are hoped to make a major step-change in their development,” Frangeskides said.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation