Alien Metals has achieved a significant milestone in the development of its Hancock iron ore project in the central Pilbara region of Western Australia, with the grant of a 21-year term mining lease.
The mining lease, M47/1633, was granted by the Western Australian Department of Mines, Industry Regulation and Safety for rights to the land until 17 April 2045.
Alien Metals has previously announced the completion of several key milestones, including the execution of Heritage Agreements with the Karlka Nyiyaparli Aboriginal Corporation RNTBC for the Hancock Project.
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.