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ALBA MINERAL RESOURCES PLC

Legal Proceedings Report Feb 18, 2022

7476_rns_2022-02-18_7b5b78fb-1c9d-40c0-9b74-e4c89e5f7009.html

Legal Proceedings Report

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National Storage Mechanism | Additional information

RNS Number : 1267C

Alba Mineral Resources PLC

18 February 2022

Alba Mineral Resources plc

Horse Hill Update

Horse Hill production consent upheld by Court of Appeal

Alba Mineral Resources plc (AIM: ALBA) notes the announcement today by UK Oil & Gas Plc ("UKOG"), as majority shareholder of Horse Hill Developments Limited (the Operator of the Horse Hill Oil Project in the Weald Basin in southern England), that the long-running appeal by Finch et al to overturn the December 2020 Judicial Review judgment upholding the legality of Horse Hill's planning consent, has been refused by the Court of Appeal.

UKOG reports that this judgment means that the planning consent for Horse Hill oil production was granted entirely lawfully and, as such, confirms that Horse Hill can remain operational until the end of its commercial field life.

A copy of the judgment will be made available at https://www.ukogplc.com .

ENDS

Contact details:

Alba Mineral Resources plc
George Frangeskides, Executive Chairman +44 20 3950 0725
SPARK Advisory Partners Limited (Nomad)
Andrew Emmott +44 20 3368 3555
ETX Capital (Broker)
Thomas Smith +44 20 7392 1494
St Brides Partners (Financial PR)
Isabel de Salis / Catherine Leftley [email protected]

Alba's Projects and Investments

Mining Projects Operated by Alba Location Ownership
Clogau (gold) Wales 90%
Dolgellau Gold Exploration (gold) Wales 90-100%
Gwynfynydd (gold) Wales 100%
Limerick (zinc-lead) Ireland 100%
Investments Held by Alba Location Ownership
GreenRoc Mining Plc (mining) Greenland 54%
Horse Hill (oil) England 11.765%

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END

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