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[LuckyHorse]

Alba begins phase 2 of drill program at Clayton Valley

2018-04-18 16:38 ET - News Release

Mr. Sandy MacDougall reports

ALBA MINERALS PROCEEDS WITH FULLY FINANCED DRILL PROGRAM AND ISSUES COMPANY STATEMENT

Alba Minerals Ltd. has begun the second phase of its drill program at the Clayton Valley lithium exploration project in Nevada.

On Nov. 21, 2017, Alba, together with Noram Ventures Inc. announced an inferred mineral resource on the Zeus property of 17.1 million metric tonnes at a grade of 1,060 parts per million (ppm) lithium, which equates to 96,476 lithium carbonate equivalent (LCE). In February, 2018, a new round of drilling at Clayton Valley was announced consisting of nine additional drill holes, with the intention to significantly expand the resource at depth within the inferred resource boundary. To that end, two drill rigs were moved onto the project site; one is actively drilling and the other will be mobilized by the end of day today. The company intends to drill all additional nine holes to a depth of approximately 300 feet. Sandy MacDougall, chairman and chief executive officer of the company, says: "We are very pleased that our company is completely financed to expand our interest in the Clayton Valley project to 50 per cent and complete this year's operations in Nevada and Argentina. With well over a million dollars in our treasury dedicated to exploration expenditures, we will be able to execute a substantial drill program in the Clayton Valley and complete the geophysical workings in Salta, which will add significant value to our truly outstanding assets."

The technical information contained in this news release has been reviewed and approved by Dr. Peter Born, PGeo, who is a qualified person as defined under National Instrument 43-101.

[RallemK]

29.05.2018.
Aktuelle News im Verteiler.
Warum werden diese nicht auch auf der offiziellen Homepage veröffentlicht?
Immerhin geht es ja um echte Neuigkeiten.....komisch.

[RallemK]

Antwort auf Beitrag Nr.: 57.872.019 von RallemK am 30.05.18 22:48:51

Alba Minerals Focuses on Argentina Projects and Finalizes Agreement With Noram

Vancouver, British Columbia – May 28, 2018 - Alba Minerals Ltd. (TSX-V: AA.V; AXVEF: US; Frankfurt: A117RU) (“Alba” or the “Company”)) is pleased to announce that it has entered into a property purchase agreement dated May 28, 2018 with Noram Ventures Inc. (“Noram”) (TSX-Venture: NRM; Frankfurt: N7R) and its wholly owned subsidiary, Green Energy Inc. (“Green Energy”), pursuant to which Alba will sell the 25% interest (the “Interest”) it has earned in certain mineral claims located in Clayton Valley, Nevada back to Noram and Green Energy.

In consideration for the Interest, Noram will issue to Alba, subject to TSX Venture approval, 3,800,000 common shares of Noram and make a cash payment to Alba of $400,000. Additionally, in the event that Noram undergoes a financing pursuant to which it issues from treasury common shares or other securities convertible or exercisable into common shares (a “Financing”), Alba shall have a right of first refusal to participate in the Financing and to acquire up to the number of shares and/or other securities being issued under the Financing, necessary in order for Alba to be able to maintain the same percentage ownership of shares of Noram as it would have immediately prior to the completion of the Financing.

The proposed transaction is subject to the approval of the TSX Venture Exchange.

Please visit our website for further information: www.albamineralsltd.com.

ON BEHALF OF THE BOARD OF DIRECTORS

/s/ “Sandy MacDougall”
Director
Alba Minerals Ltd.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward looking statements”. Forward looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

[E_Nichtlustig]

Das Ding scheint irgendwie tot zu sein

[partisan0815]

Antwort auf Beitrag Nr.: 57.944.361 von E_Nichtlustig am 08.06.18 18:06:56

Das Unternehmen hält sein Budget von über 1.000.000 US-Dollar

erfolgreich aufrecht und treibt die Erfüllung seiner Lithium-Explorations-Meilensteine ​​in Clayton Valley, Nevada und Salta, Argentinien voran.ist aber schon 2 monate alt,wer weiss,vieleicht machen die Urlaub?

[falky89]

Sehr starke Performance z.Z -lach-
Wo ist denn euer greatbull abgeblieben?
Der hat doch bestimmt eine Erklärung