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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 that it has commenced a ~2,500m aircore programme at the Elizabeth Hill Silver Project (“Elizabeth Hill” or the “Project”) in the Pilbara region of Western Australia. This is to define targets surrounding the historical mine and along the eastern Munni Munni margin. 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:
“West Coast Silver’s continued momentum at Elizabeth Hill is very encouraging and reinforces the strong technical and operational foundations of the joint venture. The commencement of the aircore programme, building on the successful diamond drilling and recent near-mine results, highlights the potential scale of this historically high-grade silver system. We look forward to the outcomes of this next phase of work and the opportunity to unlock further value from this significant asset for Alien shareholders.”
The full text of the announcement issued by West Coast Silver can also be accessed here: West Coast Silver | ASX: WCE