Business
Amitsoq Graphite Update Maiden Drilling Campaign
Amitsoq Graphite Update Maiden Drilling Campaign.

About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2244I\n Alba Mineral Resources PLC\n 10 August 2021\n \n \n \n \n Click on or paste the following link into your website browser to view the associated PDF document (including maps and images): \n http://www.rns-pdf.londonstockexchange.com/rns/2244I_1-2021-8-10.pdf\n \n \n \n \n \n Alba Mineral Resources plc\n \n \n (\"Alba\" or the \"Company\")\n \n \n \n \n \n Amitsoq Graphite Update\n \n \n Maiden Drilling Campaign Intersects Significant Graphite Layers\n \n \n \n \n \n Alba Mineral Resources plc (AIM: ALBA) is pleased to report on the successful completion of drilling operations at the Amitsoq Graphite Project in southern Greenland.\n \n \n \n \n \n Key Points\n \n \n \n \n \n · \n Drilling operations at \n the \n Amitsoq Island deposit have been completed. \n \n \n · \n Drilling has confirmed the existence of two significant and laterally continuous graphite horizons, confirming Alba's existing geological model.\n \n \n · \n All completed drillholes intersected either the Upper Graphite Layer (\"UGL\") or Lower Graphite Layer (\"LGL\") or both. \n \n \n · \n Several graphite intersections are considerably thicker than expected from the modelling, up to 8.19m in the UGL and up to 15.54m in the LGL.\n \n \n · \n Ground geophysics and sampling of the Kalaaq mainland discovery and environmental baseline studies have also been completed. \n \n \n · \n Trenching of target areas at Kalaaq have revealed graphite beds up to 10m thick.\n \n \n \n \n \n Mark Austin, Alba's Chief Operating Officer, commented: \n \n \n \n \n \n \"We are delighted to have encountered such thick graphite intersections at Amitsoq, well in excess of what we had projected from our structural modelling. We were also pleasantly surprised by the condition of the old mine workings and this will be an important factor as we move towards the long-term development of this very high-grade graphite project.\" \n \n \n \n \n \n \"We will be sending the drill core to an accredited laboratory for assaying as soon as possible. The assay results will then be handed over to the independent competent person to assist in his resource estimation work.\"\n \n \n \n \n \n D...