Business
Sampling Results
Sampling Results.
About this update from Alba Mineral Resources Plc
[{"type":"text","content":"\n \nRNS Number : 6470W Alba Mineral Resources PLC 16 November 2017 \n\n16 November 2017\n \nClick 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/6470W_1-2017-11-15.pdf\n \nAlba Mineral Resources plc\n(\"Alba\" or the \"Company\")\n \nSampling Results at Thule Black Sands, Greenland,\nConfirm High-Grade llmenite Across 8.5 km of Coastline\n \nAlba Mineral Resources plc (AIM: ALBA) is pleased to announce that all results from the maiden sampling campaign across the Company's 100% owned Thule Black Sands licence in north-west Greenland have been received. The 186 km2 licence MEL 2017/29 (\"Thule 1\"), which is owned and operated by Alba's wholly-owned subsidiary White Eagle Resources Limited, is primarily prospective for ilmenite-bearing heavy mineral sands. \n \nHighlights:\n \n· 65 samples collected from the Thule 1 target show a weighted average Total Heavy Mineral (\"THM\") content of 46.7%\n \n· Seven composite samples of the Heavy Mineral Concentrate from Thule 1 show an in-situ ilmenite content averaging 10.0% and ranging from 5.7% to 14.9%\n \n· Ilmenite bearing sands occur over a combined sampled strike length of approximately 8.5 km\n \n· Mapping and aerial photography of the Thule 1 coastline shows the potential for ilmenite bearing sands over the full length of the coastline within the Thule 1 target, being approximately 22 km in length\n \n· Ilmenite quality testwork is being commenced on the composite samples and a review of the mineralogy is being undertaken to assess the most appropriate bulk testwork required on the two bulk samples collected during the September site visit\n \nAlba's Executive Chairman, George Frangeskides, commented: \n\"These results are excellent and fully justify our decision to move into the heavy mineral sands arena with our 100% owned Thule project. Compare the weighted average Total Heavy Mineral content of 46.7% at our Thule project with a number of advanced mineral sands projects around the world - Mutamba (3.9% THM), Moma (3.2% THM), Iluka (7% THM as an average across their projects) and the comparison is a...