Alien Metals Limited (LON:UFO), a company focused on the exploration and development of the Hancock iron ore Project and the Pinderi Hills project in Western Australia, has advised that the Mining Lease for the Hancock Project has been granted by the Western Australian Department of Mines, Industry Regulation and Safety.
Overview
The Department of Mines has on 18 April 2024 granted the Mining Lease (M47/1633) for the Hancock Project to Alien Metals, representing a key milestone on the pathway towards development. This gives security of tenure for a 21-year term through to 17 April 2045.
The Company, as previously announced, has now completed the following commitments and key milestones:
· The execution of Heritage Agreements with the Karlka Nyiyaparli Aboriginal Corporation RNTBC associated with two Exploration Licences and one Miscellaneous Licence for the Hancock Project.