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An announcement from Alien Metals Ltd ( (GB:UFO) ) is now available.
Alien Metals Ltd has announced high-grade silver results from surface sampling at the Elizabeth Hill Silver Project in Western Australia, with readings up to 920g/t. The findings suggest significant potential for further silver mineralization beyond the known system, prompting plans for additional exploration activities, including trenching and drilling. This development could enhance Alien Metals’ industry positioning by unlocking untapped resources and expanding their exploration footprint, potentially benefiting stakeholders by increasing the project’s value.
More about Alien Metals Ltd
Alien Metals Limited 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. It also owns one of Australia’s largest PGM deposits, Munni Munni, and has a joint venture with Errawarra Resources Limited for the development of the Elizabeth Hill Silver Project.
Average Trading Volume: 38,999,238
Technical Sentiment Signal: Sell
Current Market Cap: £6.44M
See more insights into UFO stock on TipRanks’ Stock Analysis page.