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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) (formerly Errawarra Resources Limited) (“West Coast Silver”), has announced shallow, high-grade silver mineralisation from the first two diamond drill holes of its inaugural 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 Alien’s joint venture partner, West Coast Silver.
Highlights:
- Hole 25WCDD001 intersected:
– 5m at 313g/t Silver (Ag) from 20m; and
– 5m at 2822g/t Ag from 26m; including 2m at 6951g/t Ag from 27m - Hole 25WWCDD002 intersected 12m at 153g/t Ag from surface; including
– 1m at 973g/t Ag from 1m - Silver mineralisation starts at surface in both holes
- Drill holes were strategically designed to test high-grade, shallow silver targets.
- Half-core samples dispatched to laboratory for assay; results expected in 6–8 weeks. The high-grade nature of the samples necessitates more comprehensive laboratory analysis.
- Systematic core logging is underway to improve understanding of structural and lithological controls.
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