Today we have Bill Brodie Good, CEO & Technical Director of Alien Metals on the Share Talk platform updating shareholders after the announcement stating its Phase 3 drilling programme at the Company’s Hancock Iron Ore project, part of its Hamersley Iron Ore Project, Western Australia, is soon to commence.
Drilling recommences at Hancock Iron Ore Project to increase resource
Bill Brodie Good, Chief Executive Officer & Technical Director of Alien Metals, commented:
“Following on from our initial maiden JORC resource and positive scoping study work, we are delighted to be going back out into the field at Hancock to undertake this important infill drilling at the Western Ridges orebodies. Additionally, we will also undertake new exploration drilling to commence our expansion of the resource potential of the project. Having Three Rivers Drilling back to do the RC drilling is very positive, and we are excited to carry out diamond core drilling as well, both from the resource update and mining study development perspective.
“This work will develop alongside Lloyd Edmunds’ operational development work (see announcement dated 19 October 2021) and the Company is excited to continue to push this significant project forward.”
· Reverse Circulation (RC) drilling programme totalling ~1,400 metres aimed to increase geological confidence in the existing JORC compliant Inferred Mineral Resource Estimate (MRE) of 10.4Mt @ 60.4% Fe (see announcement dated 22 September 2021) to commence in coming days
o Alien’s technical team planning to potentially upgrade a portion of the Inferred resource to the Indicated category at the Ridge C and E deposits
· Reverse Circulation programme designed to also test extension mineralisation on the existing ridges as well as untested ridges to the south
· In addition to the RC drilling, a diamond drill rig is planned to drill up to 650m in 7 holes, to further support MRE confidence levels, as well as to provide material for early metallurgical and commutation testing as part of ongoing mining studies
· Hand held XRF readings expected in the coming weeks from 60+ rock chip samples collected during recent field reconnaissance programme
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