Capstone to shortly commence 2,500m drill program at Donovan 2 Cu-Au Project

13 January 2021

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Alien Metals Ltd (Alien Metals or the Company), a minerals exploration and development company,
is pleased to announce that since executing the earn-in agreement (Agreement) with Capstone
Mining Corp (Capstone) (TSX: CS) over its Donovan 2 Copper-Gold project (the Project) in Mexico
(Transaction), Capstone have completed their initial 2020 obligation of exploration expenditures and
will advance to the next phase of the Agreement.