Alba Mineral Resources posts promising results from Greenland survey
30th Jan 2017 15:08
(ShareCast News) - Alba Mineral Resources confirmed on Monday that it has now completed the preliminary evaluation of the high resolution airborne electromagnetic-magnetic geophysical survey on the Amitsoq graphite project near Nanortalik in southern Greenland. The AIM-traded firm said the initial i
Read moreAlba Mineral Resources completes survey work in Limerick
25th Oct 2016 15:18
(ShareCast News) - Alba Mineral Resources announced on Tuesday that it has completed a detailed gravity survey and soil sampling programme on its 100% owned prospecting licence PL3824 in County Limerick in the Republic of Ireland. The AIM-traded company said the objective of the survey is to identif
Read moreHorse Hill oil developers apply for further 'significant' drilling
17th Oct 2016 09:16
(ShareCast News) - UK Oil & Gas and its partners in the Horse Hill Developments (HHDL) company drilling for oil close to Gatwick Airport, have applied for planning permission with Surrey County Council for a further round of drilling. The HHDL group, in which AIM peers Alba Minerals, Doriemus, Gunsy
Read moreHorse Hill oil in place estimates almost trebled
19th Jul 2016 12:02
(ShareCast News) - The Horse Hill project in Surrey looks like providing a bonanza for the range of AIM-listed companies involved after a near trebling of oil in place estimates to 22.9m barrels per square mile. As announced in March, the final HH-1 test of the upper Portland pay zone flowed at a co
Read moreHorse Hill miners get lift from two year extension
5th Jul 2016 09:08
(ShareCast News) - The Oil and Gas Authority has allowed licences at the Horse Hill development in Surrey to continue for another two years, giving a lift to several AIM-listed miners. Solo Oil, Regency Mines and Alba Mineral Resources all said licences PEDL137 and PEDL246 said the OGA had converted
Read moreGatwick's Horse Hill oil well flows naturally
17th Feb 2016 07:55
(ShareCast News) - Oil has continued to flow naturally from a discovery well near Gatwick Airport owned by a consortium of oil exploration companies, with the first two tankers of crude sent for refining. Following the announcement of Monday's initial flow using water, UK Oil & Gas (UKOG) said opera
Read moreSweet crude flows from Gatwick Airport oilfield
16th Feb 2016 08:10
(ShareCast News) - First ever crude oil has flowed at encouraging levels from the Horse Hill discovery well being drilled in the Weald Basin near Gatwick Airport, as anti-fracking protests reconvened nearby. The AIM-listed companies with stakes in the PEDL137 onshore exploration licence, namely UK O
Read moreSmall caps news round-up
4th Feb 2016 15:50
(ShareCast News) - Forbidden Technologies was celebrating its first contract win for its social video platform on Thursday, after a number of proof-of-concept trials. The AIM-traded technology firm's 'eva' platform described itself as "the real video social network", and allows users to create profi
Read moreStudy at Amitsoq Graphite Project encouraging, says Alba
4th Feb 2016 11:52
(ShareCast News) - Alba Mineral Resources was looking at a busy 2016 work programme on Thursday, with the company reporting encouraging results from its remote sensing study at the Amitsoq Graphite Project in southern Greenland. The AIM-traded resources firm said the remote sensing study was highly
Read moreAlba Mineral Resources raises GBP160,000 in share placing
29th Oct 2015 10:15
(ShareCast News) - AIM-listed exploration company Alba Mineral Resources has raised a further £160,000 before expenses through the issue of 64m new shares at 0.25p each to satisfy additional demand. In line with the recent placing announced on 19 October, the company has agreed to grant to the subsc
Read moreAlba Mineral raises GBP385,000 in placing
19th Oct 2015 12:58
(ShareCast News) - UK-based exploration company Alba Mineral Resources has raised £385,000 in a placing of 154m shares at 0.25p each. In addition, the company said it has agreed to grant subscribers in the placing warrants to subscribe for further ordinary shares on the basis of one ordinary share f
Read moreAlba Mineral Resources ups stake in Horse Hill
25th Sep 2015 13:31
(ShareCast News) - Alba Mineral Resources has reached a deal with Angus Energy to increase its stake in the Horse Hill Developments (HHDL) near Gatwick Airport. Alba said it will acquire the 5% stake in Horse Hill owned by Angus Energy, bringing its total interest in the project to 15% from 10%. HH
Read moreAlba Mineral Resources pre-tax loss widens in first half
21st Aug 2015 10:58
(ShareCast News) - Alba Mineral Resources reported a widening of its pre-tax loss for the first half, as it said it continues to look for investment opportunities. The company, which generates no revenue, posted a pre-tax loss of £232,594, which was bigger than the £65,835 in the same period last ye
Read moreAlba Mineral Resources raises 355,000 pounds in placing
12th Jun 2015 09:15
UK-based exploration company Alba Mineral Resources said on Friday that it has raised £355,000 in a placing of 71m new ordinary shares at 0.50p each. It said the net proceeds of the placing will be used to satisfy ongoing commitments to existing projects, for the evaluation of new project opportunit
Read moreUKOG's Gatwick oil project on hold as company awaits regulatory approval
29th Apr 2015 10:05
UK Oil and Gas Investments (UKOG) has been stopped from drilling oil at Horse Hill, near Gatwick, The Telegraph reported late Tuesday. The project has been suspended since the company has not directly applied to the regulator, the Oil and Gas Authority (OGA), for permission to begin flow testing the
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