viewAlien Metals Ltd

Alien Metals exploration and development work proceeding apace on all fronts

The portfolio of silver, iron ore and other metals stretches from Mexico to Australia

Alien Metals Ltd -

Alien Metals Ltd (LON:UFO) set out a details of the programme of work it intends to undertake in the coming months across its extensive portfolio of exploration and development projects.

The planned work includes field mapping and verification of new and historic targets on the Elizabeth Hill silver project in Australia, which includes the Munni Munni North licence.

At Elizabeth Hill the company will push ahead with the planned trenching close to the mine to explore for repeat mineralised systems, finalise an initial drill plan to work up knowledge of the remaining ore and evaluate the options and costs for re-entering the historic underground mine.

Evaluation work for the silver tailings at the mine site have also begun and will be continued in the coming weeks as well.

Meanwhile, the maiden drilling program on the Hancock iron ore project is nearing completion. The company is now pushing for the necessary authorisations to carry out a maiden drill program on the Brockman project while planning to do some further mapping and surface sampling.

Alien is also progressing with drill permits in Mexico that will allow it to commence the maiden drill programs on both San Celso and Los Campos silver projects. These programs are already funded and the company is ready to get them started.

In the meantime, results are due shortly for a recent small surface sampling program on the Nueva Andromeda licence recently acquired by Alien and work is continuing to try and acquire further licences of strategic interest around San Celso and Los Campos.

In Mexico, at Alien's Donovan 2 copper-gold volcanic massive sulphide project, Capstone Mining Corp continues the maiden drilling programme. The joint venture and current drilling are fully funded.

"With the maiden drilling program at our high-grade Hancock iron ore project just winding up, the upcoming report following the airborne magnetic survey over the Elizabeth Hill silver-platinum group elements project, combined with some current on the ground reconnaissance work being done, we continue to advance our highly prospective portfolio of projects on a range of fronts,” said Alien’s chief executive Bill Brodie Good.

“Drilling also continues at the Donavon 2 copper and gold project. Assay results will be announced as soon as they become available. On top of all this we are excited by the prospects of the Elizabeth Hill tailings opportunity and have been fortunate to have the services of a highly experienced consultant for the review work.”

Quick facts: Alien Metals Ltd


Price: 0.756 GBX

Market Cap: £25.93 m

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