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Alien Metals welcomes maiden inferred resource of 10.4Mt for Hancock iron ore project

Alien Metals welcomes maiden inferred resource of 10.4Mt for Hancock iron ore project

Alien Metals Limited's (LON:UFO) technical director Bill Brodie Good joins Proactive to discuss the announcement of their maiden inferred resource estimate of more than 10 million tonnes for the Hancock iron ore project in the Pilbara region of Western Australia.

The company reported an inferred JORC-compliant resource of 10.4 million tonnes (Mt) at 60.4% iron, including 7.8Mt at 60.1% at the Sirius Extension target, 1.5Mt at 61.2% at the Ridge E target and 1.1Mt at 61.9% iron at the Ridge C target. These three targets form part of the Western Ridges prospect.

Brodie Good explains that with 'only a quarter of the Western Ridges targets tested to date, there is considerable scope to grow the DSO resource over the next 6 months.'

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