Alien Metals says well financed for exploration work, potential acquisitions
The minerals exploration and development company ended 2021 with total assets of US$13.0mln, of which US$6.4mln was cash
Company
Alien Metals Ltd
LON:UFO
Alien Metals Ltd is advancing the development activities for its 90% owned Hancock Iron Ore Project in the Pilbara region of Western Australia. The company’s development study has confirmed that Hancock has excellent project economics and prospectivity with extensive untested mineralisation trends.
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Alien Metals in talks with potential offtake and funding partners for Hancock iron ore project
"The development aspects of the Hancock iron ore project to be shovel ready for early 2023 are progressing very well,” said chief executive Bill Brodie Good
Alien Metals enters agreement to buy Vivash Gorge iron ore project in Western Australia
The strategic acquisition would add to Alien's portfolio of direct shipping ore iron ore projects - Hancock and Brockman - in the Pilbara region
Alien Metals starts new round of drilling at Hancock
Currently Hancock has a JORC compliant inferred Mineral Resource Estimate of 10.4Mt at 60.4% iron
Alien Metals reports positive exploration updates from San Celso and Donovan 2 projects
The drill rig is now on standby due to the continued poor core recovery from both project areas pending results
Alien Metals set for company defining year says broker
“We see a clear route to near-term cash generation from Hancock, in a project that Alien could manage itself.”
Alien Metals reports further high-grade silver results from Elizabeth Hill project
The final assay results follow on from the bonanza silver grades reported at the project in January
Alien Metals finds further high iron ore ridges through rock sampling
“Once the weather permits, we will aim to continue our programme of drill testing,” said chief executive Bill Brodie Good
Alien Metals starts drilling at high-grade silver projects in Mexico following COVID-19 delays
The San Celso and Los Campos silver projects both contain historic, very high-grade, underground silver mines, dating back more than a century
Alien Metals completes on acquisition of Munni Munni platinum group metals project in Australia
Alien has a diverse portfolio of projects located in Australia and Mexico
Alien Metals has huge palladium and nickel upside at Munni Munni and Elizabeth Hill, and funds in place to get them moving
Alien has a diverse portfolio of assets located across multiple jurisdictions
Alien Metals’ flagship Hancock Project has the potential to be a ‘low capital and operating cost’ deposit, says broker
WH Ireland also said that if the current grades continue to stack up the asset could be “capable of providing significant cash flow to Alien”
Alien Metals intercepts high grades from Phase 3 drilling at Hancock iron ore project
Hancock is part of the Hamersley iron ore project
Alien Metals receives key government approval in regard to its acquisition of Munni Munni
Alien has a broad portfolio of base and precious metals assets in Australia and elsewhere around the world
Alien Metals issues 50mln shares to Windfield Metals as part of Hamersley joint venture deal
The shares were issued after Alien Metals met the first performance target for the Hamersley iron ore project
Alien Metals gets OK to start drilling on high-grade silver and copper-gold projects in Mexico
Zacatecas is the largest silver producing state in Mexico
Alien Metals' confidence in Hancock project bolstered by sampling results
Bulk samples from the Ridge C resource returned an average grade of 62.2% with low levels of impurities
Alien Metals boosted by bonanza silver grades
The AIM-quoted share jumped 20% in Thursday’s early deals thanks to the positive batch of results.
Alien Metals resumes drilling at Hancock project after 'very exciting' indications
“The identification of additional untested mineralised ridges is a very exciting development"
Alien Metals takes full control of Australia's major platinum group projects in A$4.9mln deal
"We are very excited to be in a position to become the 100% holder of one of Australia's largest PGE projects," Chief executive Bill Brodie Good said