Alien Metals Ltd has a diverse portfolio of commodities to develop

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  • Alien Metals says Capstone Mining pulls out of Donovan 2 copper-gold project
  • Alien Metals has assets in all the right places, and in all the right commodities
  • Alien Metals’ explains conditional agreement to increase interest in Hamersley Iron Ore Project
Alien Metals Ltd -

Quick facts: Alien Metals Ltd

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Alien Metals Ltd is an exploration and mining project developer with a focus on precious and base metal commodities.

The company has embarked upon an acquisition-led strategy headed by a high-quality geological team to build a strong portfolio of diversified assets, including two recent acquisitions in 2019. These include the Brockman and Hancock Ranges high grade (Direct Shipping Ore) iron ore projects and the Elizabeth Hill Silver project, both located in the Pilbara region, in Western Australia.

10 Jun 2021

() said terminated an earn-in agreement relating to the Donovan 2 copper-gold project in Mexico.

“Capstone have decided not to proceed with the exploration on Donovan 2 advising that their corporate strategy has shifted and also that they did not receive sufficient confidence from their maiden drilling recently completed on Donovan 2 to continue,” said Bill Brodie Good, chief executive of Alien Metals.

“Capstone advised that their work was not exhaustive and with coincidental work just done a couple of days ago by Alien we are already starting to think about how we may approach further exploration work,” he added.

Capstone will provide Alien with all the technical data generated as well as a final report outlining their findings. Alien said it will review this information alongside its own technical views before making a decision on the way forward.

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07 Jun 2021

() said final results from the maiden drilling program on its Hancock iron ore project, part of the Hamersley iron ore project in Western Australia, confirmed four high-grade direct shipping ore (DSO) mineralisation prospects.

Significant results from the 53 reverse circulation drill holes included 103 metres at 61.8% iron from surface (hole 48), 73 metres at 59.5% iron (hole 47) and the previously announced 26 metres at 54.3% iron.

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26 May 2021

() said initial results from test leaching at the Elizabeth Hills silver tailings project in Western Australia showed high levels of silver recovery.

The initial metallurgical test work was undertaken to determine the proportion of the silver content that is amenable to leaching, with the results assisting in the planning of a more formal test work campaign.

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13 Jan 2021

It looks like 2021 will shape up to be a good year for ().

Exploration work is already getting underway, as joint venture partner () completes preparations for a fresh round of drilling at the Donovan 2 copper-gold project in Mexico.

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24 May 2021

() Bill Brodie Good talks to Proactive London about their next stage of exploration at the Hamersley iron ore projects in Australia.

Good explains how they will now increase its effective interest in the Hamersley Iron Ore Direct Shipping Ore Project, situated in the world-class Pilbara region of Western Australia from 51% to over 90%.

He goes on to explain how the acquisition provides increased flexibility to fund the project via joint venture, partial sale or spin off.

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Alien Metals’ explains conditional agreement to increase interest in…

Alien Metals Ltd (LON:UFO) Bill Brodie Good talks to Proactive London about their next stage of exploration at the Hamersley iron ore projects in Australia.

Good explains how they will now increase its effective interest in the Hamersley Iron Ore Direct Shipping Ore Project, situated in the…

2 weeks, 3 days ago

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