Following months of compiling historical data, conducting site visits and reviewing geological information from past exploration and drill activities in the Pinderi Hills region, in Australia, iron-ore miner Alien Metals has confirmed that the findings position the company in a better position to develop the Pinderi Hills precinct for base metals, platinum, palladium and silver.
Some of the findings from key base metals include a one-meter section from a depth of 35 m revealing concentrations of 3.98% copper, 12 troy ounces of silver and 0.95% nickel.
Additionally, results showcased notable results with one-meter at 3.5% copper, 125 troy ounces silver and 0.58% nickel from a depth of 2 m.
Alien Metals Ltd (LON:UFO) is a global minerals exploration and development company that will shortly make the transition to iron ore producer. The company was formed from Arian Silver in late 2018, retaining some of the companies more valuable Mexican projects before embarking on an acquisition led strategy, headed up by an excellent geological team and targeted entirely on Western Australia.