Alien Metals Ltd (AIM:UFO, OTC:ASLRF) (Alien Metals Ltd (AIM:UFO, OTC:ASLRF), Alien Metals Ltd (AIM:UFO, OTC:ASLRF)) Bill Brodie Good talks to Proactive London about intercepting high grades from its Phase 3 drilling programme at the Hancock iron ore project in Western Australia.
Results from 17 of the 46 drill holes returned “excellent” high-grade intersections, it said, including 9 metres (m) at 62.2% iron, 8m at 63.3% and 7m at 63.3%.
Extensions to the existing inferred resource of 10.4 million tonnes at 60.4% iron have been identified from the Phase 3 drilling programme.