The company raised £2.5 million for Exploration Activities and yesterday announced Final Assay Results and Maiden Drilling Programme Plans at Hamersley Iron Ore Projects. We wanted to speak with Bill and hear his take on the recent news flow.
These confirmed high-grade iron ore results of up to 66.95% Fe, supporting the findings from x-ray fluorescence (‘XRF’) readings that were published on 29 October 2020. As a result, drilling access at the Hancock Ranges Project, which will focus on the Kalgan prospect where laboratory results have displayed excellent levels of Direct Shipping Ore (‘DSO’), has been scoped to finalise a maiden programme that will consist of between 3,500-4,000m of RC drilling.
With the necessary Programme of Works (‘POW’) submitted and the Group’s recent £2.5m fundraising now completed, Alien is now positioned to advance not only this opportunity but also its other highly prospective base and precious metals projects in Mexico, Australia and Greenland
If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates.
Terms of Website Use
All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned