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Alien Metals Limited (AIM: UFO), a minerals exploration and development company, is pleased to report that its joint venture partner, West Coast Silver Limited (ASX: WCE) (“West Coast Silver”) has announced the commencement of its Phase 2 diamond drilling campaign at the Elizabeth Hill Silver Project (“Elizabeth Hill” or the “Project”) in the Pilbara region of Western Australia. The Project, in which Alien retains a 30% free-carried interest through to a decision to mine, is operated by West Coast Silver.
Belinda Murray, Executive Director of Alien, commented:
“We are delighted to see West Coast Silver accelerating the next phase of drilling at Elizabeth Hill. The decision to bring forward the programme demonstrates the strong technical and continued operational momentum at the project following the exceptional silver grades achieved earlier this year. This campaign builds on the first phase results and is another key step in advancing the Elizabeth Hill Project toward defining the extent of the high-grade silver system. Alien retains a 30% free-carried interest and continues to benefit from the value being unlocked through this systematic exploration effort.”