ALBA MINERAL RESOURCES PLC

Board/Management Information • Oct 28, 2020

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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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