Alien Metals to expedite exploration, increase resource base and find new deposits at Pinderi Hills

Alien Metals Limited (LON:UFO) has provided an update, further to an independent review undertaken by Resource Potentials Pty Ltd, covering recent activities and exploration works planned for later this year at its 100% owned Pinderi Hills silver and precious metals project in Western Australia and the Hancock Iron Ore Project.

Overview

The Pinderi Hills Project is located in the world-class mining province of the West Pilbara, covering an area of 180 square kilometres. The Project contains a unique combination of platinum group metals (“PGM”) and gold (“Au”) associated with the Munni Munni Intrusive Complex, the nearby historic Elizabeth Hill silver (“Ag”) mine and multiple nickel-copper (“Ni-Cu”) and lithium (“Li”) exploration targets.

The current resource base for the Project, as previously announced, includes:

·          Munni Munni (JORC 2004): 24Mt @ 2.9g/t PGM and gold for 2.2Moz PGM1

·          Elizabeth Hill (pre-JORC): 46.8kt @ 2,700g/t Ag for 4.05Moz Ag2

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn

More articles like this

Insights on the Platinum Group Metals market

The Platinum Group Metals (PGMs) market has recently been examined in a study released by USD Analytics Market, shedding light on its size, share, and sales while identifying opportunities and conducting a risk analysis. The report

PGM metals in Global Innovation and Sustainability

Platinum group metals (PGMs) play a pivotal role in a wide range of industries, making them highly valuable and indispensable resources in today’s global economy. Comprising six metals – platinum, palladium, rhodium, ruthenium, iridium, and osmium

The global importance of Iron Ore

Iron ore, a naturally occurring mineral, plays a crucial role in the development of modern infrastructure and industries. As one of the most abundant elements on Earth, it is a primary source of iron, a key

Promising lithium discovery at Pinderi Hills

Errawarra Resources received promising results from an extensive two-month reconnaissance exploration at the Pinderi Hills project. The exploration, which involved soil, stream sediment, and rock chip sampling, successfully identified a significant lithium footprint and uncovered valuable

Iron ore futures recover amid positive China data

Iron ore futures saw a recovery on Friday, driven by better-than-expected inflation data from China, the top consumer of the metal. However, ongoing concerns about demand and high supply kept prices on track for a weekly

Iron ore prices soar to two-week high

Iron ore futures experienced a significant rise on Monday, reaching a two-week high, influenced by a promising Chinese economic outlook. This surge followed robust services data and continued expectations of economic stimulus from China, the leading

Alien Metals raises £0.6 million via Placing

Alien Metals Ltd (LON:UFO), a global minerals exploration and development company, has announced that, further to its announcement of 11:01 a.m. (London time), it has successfully completed and closed the Placing. The Placing has raised, in aggregate, gross proceeds

The significance of Iron Ore in the global economy

Iron ore is one of the most abundant and widely utilised natural resources globally. It serves as the primary raw material for steel production, essential for industries like construction, transportation, manufacturing, and energy. Its significance extends

Alien Metals and Australia’s Platinum Group Metals potential

Australia’s history with platinum group metal (PGM) deposits is mixed, with numerous unsuccessful attempts to develop operations since the market’s initial excitement in 1985. However, current conditions might favour the resurgence of these metals. Rob Mosig,