Departure of Technical Director

RNS Number : 2235L

Alba Mineral Resources PLC

28 April 2020

 

Alba Mineral Resources plc

("Alba" or "the Company")

Departure of Technical Director (Mining)

Alba Mineral Resources plc (AIM: ALBA), the diversified mineral exploration and development company, announces that Howard Baker has stepped down from his role as the Company's Technical Director (Mining) with effect from 28 April 2020 in order to devote more time to his mining consultancy practice.

George Frangeskides, Executive Chairman, commented: "Howard has been an important member of our technical team since he joined us in late 2017.  During his time with us, he devised and managed our drilling programmes at Thule Black Sands, Clogau and Limerick.  I would like to thank Howard for his significant contribution to the Company over the past two and a half years and wish him every success in his future endeavours."

Alba remains very well-placed in terms of ongoing geological support across its mining project portfolio, having built important ongoing relationships over the past several years with a number of internationally reputable consulting geological firms and individuals.  The Company is not presently seeking to appoint a new Technical Director (Mining), however any material developments in that regard will be announced as and when they arise.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

Alba Mineral Resources plc George Frangeskides, Executive Chairman	[phone]
Cairn Financial Advisers LLP (Nomad)  James Caithie / Liam Murray	[phone]
First Equity Limited (Broker) Jason Robertson	[phone]

Alba's Project and Investment Portfolio

Project (commodity)	Location	Ownership
Mining Projects
Amitsoq (graphite)	Greenland	90%
Clogau (gold)	Wales	90%
Inglefield (copper, cobalt, gold)	Greenland	100%
Limerick (zinc-lead)	Ireland	100%
Melville Bay (iron ore)	Greenland	51%
TBS (ilmenite)	Greenland	100%
Oil & Gas Investments
Brockham (oil)	England	5%
Horse Hill (oil)	England	11.765%

 

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