Alba Mineral Resources (AIM: ALBA ) has announced the appointment of two new Non-Executive Directors, Elizabeth Henson and Lars Brünner, with immediate effect.

Elizabeth Henson

From 2007-2019, Elizabeth Henson held a senior international tax partner role for PricewaterhouseCoopers LLP (PwC), based in London. In addition, she also founded and led PwC UK's International Wealth business and is considered a leader in her field.  

Elizabeth has ‘an established and substantial contact base’ consisting of some of the wealthiest entrepreneurs and high net worth individuals from the UK and across the globe.  

George Frangeskides, Executive Chairman said, “I am certain that her advice and input will be of huge benefit to the Alba Board as we look to grow in the coming months and years."

Lars Brünner

Lars Brünner was, from 2014 until May 2020, the Arctic Mining and Environment, Business Development Leader for Golder Associates A/S, a mining and environmental consultancy.

Lars has been an Environmental Consultant for more than 25 years and  has conducted numerous Environmental and Social Impact Assessments  and developed expertise in environmental legislation, natural resource management, monitoring and surveillance.

Much of Lars' work in recent years has been associated with the mining sector in Greenland.

Frangeskides told investors that Lars “has an unrivalled knowledge of environmental regulation and resource management, and an exceptional knowledge of Greenland having worked on around 30 projects there in the past decade alone.”

Since environmental compliance plays “an ever-increasing role these days” in the process of progressing mineral exploration and development projects to commercial exploitation, Alba believes Lars' “expert guidance: will leave Alba well placed to advance its portfolio projects.

"These appointments are indicative of the Alba’s determination to keep pushing Alba in the right direction and to strive for excellence on all levels, both in the quality of our projects, in our technical work and in the depth of our management team,” said Frangeskides.

Manuel Lamboley is stepping down from the Alba Board and will take up a consultancy role for the Company, advising Alba on access to European markets and joint venture partners.  

Alba said it ‘extends its sincere gratitude to Manuel for his several years of service as a director of the Company and looks forward to continued collaboration on these other projects.’

Reasons to Follow ALBA

Alba Mineral Resources is a well-diversified mineral exploration and development company which owns and operates mining projects in Greenland, Wales and Ireland. Its strategy is to identify and secure undervalued assets with a diversified commodity mix where there is potential for discovering further unexploited resources alongside the existing mine site. 

Positive Assays and pending JORC Resource newsflow  

Despite losing field time to the COVID-19 pandemic, Alba said it is in a position to execute one of the most significant underground work programmes seen for several decades at its Clogau gold mine in Wales, just as the commodity is reaching all-time highs in value.   
 
Alba said its mining projects remain on ‘a sound footing’, with JORC resources at both Thule Black Sands and Melville Bay, and plans to drill a maiden JORC resource at Amitsoq in 2021. 
 
Alba said it does not expect the campaign at Clogau to be affected by Welsh Government coronavirus restrictions which were implemented from 23 October to 9 November 2020.  

Transition from Exploration to Production in Greenland and Wales 

Other ‘significant’ progress has also been made in recent years towards Alba’s ultimate goal of achieving commercial production at one or more of its sites, including at the Thule Black Sands in Greenland, the Amitsoq project in Greenland and the Horse Hill well in Surrey. 

In recent weeks, Alba has announced that surface trenching activities will kick-start this week over the first of the group’s 10 regional gold targets over the Dolgellau Gold Field (DGF). 

The trenching was scheduled to commence last week and will target the first of 10 separate new gold targets over the Dolgellau Gold Field which have previously been identified by Alba. 

Alba said up to eight trenches have been planned in this first phase, each varying in length from 40-90m for a total of 575m, with each trench being 1m wide and up to 2m deep.

Once exposed, the quartz veining and other structures from the trenches, those of which are pictured below, will be sampled, and those samples sent to a laboratory for assaying.  

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