Alien has provided an update on assay results from its Phase 3 drilling programme at the Group’s Hancock Iron Ore project, part of its Hamersley Iron Ore Project in Western Australia.
With 17 of the 46 reverse circulation (‘RC’) holes returning high-grade intersections that enhance last month’s results from a series of bulk sample grabs which produced an average grade of 62.2% Fe along with a low level of impurities, this confirms not only the existence of significant extensions to the existing Inferred Resource but also contributes important in-fill data for the Ridge C and E-resources.
Alien’s consulting resource geologist is now reviewing all recently produced and existing drilling data to advise on any updates to the existing resource, while management plans its next phase of drilling that is expected to commence within the next two to three months with the aim of further increasing the existing resource as well as testing new target ridges.
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