Alien Metals Ltd reported gold findings at the Elizabeth Hill silver project in Western Australia.
Alien Metals is a mineral exploration and development company with assets in Australia, Mexico and Greenland.
The company said it found the equivalent of 37.5 grammes of gold per tonne in silver and lead from 19.7 metres at hole 21EHDD003. At hole 22AMC001, it found the equivalent to 13.3 grammes of gold per tonne at 13 metres, while finding the equivalent to 8.2 grammes of gold per tonne at 52 metres at hole AMEHRC009.
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.