Business
Amitsoq Update - Commencement of Drilling Campaign
Amitsoq Update - Commencement of Drilling Campaign.
About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7192B\n Alba Mineral Resources PLC\n 14 June 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 \n http://www.rns-pdf.londonstockexchange.com/rns/7192B_1-2021-6-13.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 Commencement of Maiden Drilling Campaign\n \n \n \n \n \n Alba Mineral Resources plc (AIM: ALBA) is pleased to announce the commencement 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 - Drilling operations have commenced at the Amitsoq Island deposit, part of the Amitsoq Graphite Deposit\n \n \n - Alba seeking to drill 15 holes for 1,700 metres with the aim of declaring a maiden Mineral Resource\n \n \n - Amitsoq graphite is among the highest-grade graphite projects in the world (averaging 28.7% TGC). \n \n \n - Kalaaq Discovery to also be explored further by mapping, sampling and EM survey \n \n \n - Environmental baseline studies to be carried out as the foundation for a future EIA \n \n \n \n \n \n Details\n \n \n \n \n \n Alba subsidiary Obsidian Mining Limited (\"Obsidian\") has now commenced a 15-hole, 1,700m diamond core drilling programme at the Amitsoq Island deposit, part of the Amitsoq Graphite Project, with the aim of establishing a maiden Mineral Resource there. \n \n \n \n \n \n Five drill pads have been prepared at 100-200m spacing along strike, situated on top of the steep ridge that forms the southern tip of the island. From each pad three holes will be drilled with varying dip to intercept the upper and lower graphite horizons at increasing depths. The proposed hole layout aims to intercept mineralisation over a strike length of approximately 600m. \n \n \n \n \n \n Drilling will take place on Amitsoq island which is the location of the highest-grade graphite (averaging 28.7% TGC) as well as being the site of a previously producing mine. \n \n \n \n \n \n Figure 2 in the PDF version of this RNS shows a photograph of the southern part of Amitsoq Island facing north-west and showing the position of the drillholes on the topo...