TIDMALBA

RNS Number : 4930J

Alba Mineral Resources PLC

22 December 2020

Alba Mineral Resources plc

("Alba" or the "Company")

Horse Hill Update

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 following the judicial review ("JR") hearing of 17-18 November 2020, the Hon Justice Holgate has published his judgement which comprehensively dismisses the challenge to the lawfulness of the planning consent given by Surrey County Council ("SCC") in September 2019 to long-term oil production at Horse Hill.

The UKOG announcement also notes that the full judgement will be made available on UKOG's website in due course.

Further material updates will be released as and when the Company is made aware of these.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

 
 Alba Mineral Resources plc 
  George Frangeskides, Executive Chairman    +44 20 3950 0725 
 
 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% 
                               -----------  ---------- 
 Gwynfynydd (gold)              Wales        100% 
                               -----------  ---------- 
 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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END

MSCFEWSWEESSESE

(END) Dow Jones Newswires

December 22, 2020 02:10 ET (07:10 GMT)

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