News

Alien Metals adds acreage near Elizabeth Hill project in WA

1 October 2020

Alien Metals Ltd (LON:UFO) said it set to acquire 117sq km of acreage adjacent to its Elizabeth Hill silver project in Western Australia. The acquisition comes with historical technical data on precious and base metal prospects identified by previous operators, Alien added. The ELA 47/4422 tenement includes several priority prospects within 10km of the Elizabeth Hill Silver…

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Alien Metals posts first-half loss as it develops projects in Mexico, Australia

29 September 2020

https://www.sharesmagazine.co.uk/news/market/7101752/Alien-Metals-posts-first-half-loss-as-it-develops-projects-in-Mexico-Australia

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Alien Metals interims show costs well under control and the mining portfolio expanding

29 September 2020

Alien Metals Ltd (LON:UFO) turned in an operating loss of US$400,000 in the six month to June. As at 30 June 2020, the company had US$700,000 in the bank. During 2020, the Alien completed its initial high level exploration programme over its portfolio of mining concessions covering an area of over approximately 1,500 hectares, to develop…

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Alien Metals begins new mapping and sampling programme to refine newly established targets at Hammersley

22 September 2020

Alien Metals Ltd (LON:UFO) has begun follow-up detailed geological mapping and sampling at the Hamersley iron ore projects in Australia. The programme is designed to validate recently announced exploration targets across both projects and will consist of four-to-five kilometres of grid-based sampling across priority prospects, and detailed mapping over exposed iron ore formations. “The company is extremely…

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Alien Metals reports encouraging sampling results at Mexico projects

16 September 2020

Alien Metals sampling programmes on the San Celso and Los Campos silver projects in Mexico showed strong correlation with historic results, increasing confidence in future drilling programmes. The company said it had also signed final legal documentation to allow it to carry out exploration work with an option to acquire the Nueva Andromeda permit located…

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Alien Metals expands its silver footprint in Mexico with new ground around San Celso, as latest samples provide further encouragement

16 September 2020

Alien Metals Ltd (LON:UFO) has said the latest sampling programme conducted on the San Celso and Los Campos silver projects in Mexico has returned results that strongly correlate with historic work, increasing confidence in future drilling programmes to be undertaken at both, with the grades highly encouraging. The company also said it has signed final legal…

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Alien Metals signs exclusivity agreement

9 September 2020

Alien Metals Ltd (LON:UFO) has entered into an exclusivity agreement with Capstone Mining Corp (TSE:CS) in respect of the potential farm out of an interest in its Donovan 2 copper-gold project in Mexico. The exclusivity provides for a 45-day period for Capstone to undertake due diligence. During the due diligence period the parties intend to enter into a definitive…

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Turner Pope Research Note

8 September 2020

Alien has announced its conditional raising of £1.25m (gross) in a Placing and Subscription (‘the Placing’) of c.227.3m new ordinary shares at a price (‘the Placing Price’) of 0.55p per share. Subject to lockdown restrictions, the proceeds will be utilised to pursue maiden drilling programmes on the Group’s Mexican San Celso and Los Campos Silver projects while also fast- tracking its operations in…

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Alien Metals raises £1.25m to fund Mexican and Australian programmes

4 September 2020

Minerals exploration and development company Alien Metals said on Friday that it had conditionally raised £1.25m as part of a placing and subscription of 227.27m ordinary shares. Alien Metals launched the placing at an average price of 0.55p per share, representing a discount of approximately 36% to the stock’s closing mid-market price on 3 September. The AIM-listed…

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Alien to raise £275,000 to expedite precious metals exploration

11 May 2020

Alien Metals Ltd (“Alien Metals” or “the Company”), a minerals exploration and developmentcompany, is pleased to announce that it has conditionally raised £275,000, before expenses, in aPlacing and Subscription of 343,750,000 new ordinary shares (“Placing Shares”) at a price of 0.08pence per share (the “Placing”). One warrant is to be issued with every two Placing…

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IP Survey Identifies multiple Copper-Gold Targets at Donovan 2

14 April 2020

Alien Metals Ltd (“Alien Metals” or “Company”) the exploration and development company is excitedto announce an update on the Company’s Donovan 2, copper-gold project. Further to the 11thFebruary 2020 announcement, the Company has now received the final results of the IP survey.

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Change of Auditor

26 March 2020

Alien Metals (LSE: UFO), announces the resignation of its auditor RSM UK Audit LLP (“RSM”) and theappointment of Jeffreys Henry LLP.

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