Documents
Alien Metals Limited (AIM: UFO), a minerals exploration and development company, is pleased to advise that its joint venture partner, GreenTech Metals Limited (ASX: GRE) (“GreenTech”), has announced that the Phase 1 drill Programme has been completed at the Munni Munni Platinum-Palladium-Copper-Nickel Project in the West Pilbara region of Western Australia.
Bruce Garlick, Chairman of Alien Metals, commented:
“Completion of the Phase 1 drill Programme at Munni Munni marks an important milestone for our joint venture with GreenTech Metals. The accelerated Programme, made possible by the excellent preservation of historical core, has provided both time and cost efficiencies while ensuring the work necessary to transition the historic resource to modern JORC (2012) standards is well underway.
“We are encouraged by the progress to date and look forward to the forthcoming assay results, which represent a key step toward unlocking the broader potential of Munni Munni. With strengthening market conditions for PGEs and continued district-scale consolidation, Alien remains well positioned to benefit from the value that a modernised resource and future development pathway could deliver for our shareholders.”