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Alien Metals Ltd ( (GB:UFO) ) has shared an update.
Alien Metals Ltd announced that its joint venture partner, West Coast Silver Ltd, released its Quarterly Activities Report for the Elizabeth Hill Silver Project, where Alien holds a 30% interest. The report highlights significant progress in exploration and corporate development, positioning Alien to benefit from future developments without immediate funding obligations.
More about Alien Metals Ltd
Alien Metals Ltd is a mining exploration and development company listed on the AIM market of the London Stock Exchange. The company focuses on delivering a profitable direct shipping iron ore operation from its Hancock iron ore project in Western Australia, which contains a significant JORC-compliant resource. Additionally, Alien Metals has interests in other iron ore exploration projects and one of Australia’s largest PGM deposits, Munni Munni. The company has recently entered a joint venture for the Elizabeth Hill Silver Project.
Average Trading Volume: 85,746,092
Technical Sentiment Signal: Hold
Current Market Cap: £13.28M
For detailed information about UFO stock, go to TipRanks’ Stock Analysis page.