Alien has released a much-anticipated update on its Hancock Iron Ore Project (‘the Project’) in the Pilbara region of Western Australia.
Initial assay results from the second phase of resource drilling have demonstrated significant widths of direct shipping ore (‘DSO’) grade intersections at the Sirius Extension from surface, all of which point to a contiguous grade deposit. With the Project potentially firming up as a standalone operation, selected results include 47m @ 61.50 % Fe from 2m from hole AM21RC002 001 and 78m @ 61.20 % Fe in hole AM21RC002 002 from 1m highlight the scale of the opportunity.
Having now defined continuous DSO grade iron ore over a strike length of 350 metres at the Sirius Extension alone, once all laboratory results are available management will have sufficient data to calculate a maiden JORC resource for the prospect.
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