Publication of Updated Investor Presentation
Source: RNS
16 August 2024
Trading Symbols
AIM: UFO
FWB: I3A1
Alien Metals Ltd
("Alien" or "the Company")
Publication of Updated Investor Presentation
Alien Metals Ltd (AIM: UFO), a minerals exploration and development company, is pleased to announce the publication of its updated investor presentation.
The presentation details the Company's key projects and opportunities: Hancock, the Company's flagship iron ore project in Western Australia; the Pinderi Hills Project area, an exploration project targeting copper, gold and PGM in the same region; Elizabeth Hill, a specific silver project in the Pinderi Hills region with efforts aimed at expanding its resource potential and finally, a new world-class lithium district in conjunction with Errawara Resources. The presentation highlights the Company's strategy to advance these projects and drive growth through targeted exploration and development. In the presentation, there is a timeline for the development of the Hancock Project, which includes the objective of concluding the previously announced joint venture discussions in Q3 2024.
Investors can view the updated presentation via the website:
https://www.alienmetals.uk/wp-content/uploads/August-2024-UFO-corporate-slide-deck.pdf
For further information please visit the Company's website at www.alienmetals.uk or contact:
Alien Metals Limited
Guy Robertson
Strand Hanson (Financial and Nominated Adviser)
James Harris / James Dance / Robert Collins
Tel: +44 (0) 207 409 3494
Zeus Capital Limited (Joint Broker)
Harry Ansell / Katy Mitchell
Tel +44 (0) 203 829 5000
CMC Markets (Joint Broker)
Douglas Crippen
Tel: +44 (0) 203 003 8632
Yellow Jersey PR (Financial PR)
Charles Goodwin / Shivantha Thambirajah / Zara McKinlay
Tel: +44 (0) 20 3004 9512
alienmetals@yellowjerseypr.com
Notes to Editors:
Alien Metals Ltd is a mining exploration and development company listed on the AIM market of the London Stock Exchange (AIM: UFO). The Company's focus is on delivering a profitable direct shipping iron ore operation from its 90% Hancock iron ore project in the central Pilbara region of Western Australia. The Hancock tenements currently contain a JORC-compliant resource of 8.4Mt iron ore @ 60% Fe and offers significant exploration upside which is targeted to deliver a mining operation of 2Mtpa for 10 years.
These Hancock Project tenements have direct access to the Great Northern Highway, which provides an essential export route to export facilities at Port Hedland, from where more than 500Mt of iron ore is exported annually (30% of global production). The Company also has an interest in two iron ore exploration projects Brockman and Vivash, located in the West Pilbara.
The Company owns the Elizabeth Hill Silver Project, located near Karratha in the Pilbara, which consists of the Elizabeth Hill Mining Lease and exploration tenements surrounding the historical silver mine which has produced some of Australia's highest-grade silver ore during the late 1990's. The Company also owns one of Australia's largest PGM deposits, Munni Munni which hosts a deposit containing a historic resource of 2.2Moz PGM (Palladium, Platinum, Gold, and Rhodium).
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