TIDMALBA

RNS Number : 3970D

Alba Mineral Resources PLC

28 October 2020

Alba Mineral Resources plc

("Alba" or the "Company")

Appointment of Chief Operating Officer

Alba Mineral Resources plc (AIM: ALBA) is pleased to announce that Alba's Senior Geologist Mark Austin has agreed to take up a full-time position as Alba Chief Operating Officer and Senior Geologist, responsible for the Company's day-to-day operations across all the Company's mining projects in north Wales, Greenland and Ireland. This is not a Board position.

Mr Austin has significant management and operational experience in a career spanning four decades across a range of commodities, but with a particular focus on gold. Mr Austin's experience, prior to establishing his own mining consultancy firm, includes being a Non-Executive Director at Central Rand Gold Limited (2015-2017), being Group Geologist for Goldplat plc and CEO of its subsidiary Kilimapesa Gold (Kenya) (2007-2013), being Vice President-Exploration for Mano River Resources Plc (2006-2007) and being Senior Exploration Geologist for Placer Dome Exploration (Africa-Eurasia) Ltd (2005-2006).

George Frangeskides, Alba Executive Chairman, commented:

"I am delighted that our Senior Geologist Mark Austin has agreed to take up a full-time position with Alba as our Chief Operating Officer. Mark has been instrumental in the swift progress that has been made at Clogau over the past months. He comes with a huge amount of experience working for major mining companies, including hands-on experience in managing all aspects of the development of a gold mine in Africa from exploration through to the building of a processing plant and the ultimate export and sale of gold bars."

"Mark's appointment to this role significantly deepens our management team and is a demonstration of our determination to take Alba to the next level."

For further information, please contact:

 
 Alba Mineral Resources plc 
  George Frangeskides, Executive Chairman    +44 20 3907 4297 
 
 Cairn Financial Advisers LLP (Nomad) 
  James Caithie / Liam Murray                +44 20 7213 0880 
 
 ETX Capital (Broker) 
  Thomas Smith                               +44 20 7392 1494 
 
 

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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October 28, 2020 03:00 ET (07:00 GMT)

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