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Alien Metals commences Phase 2 drilling on Hancock Licence

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Global Mining Review,

Alien Metals Ltd, a minerals exploration and development company, has advised that it has commenced the second phase of drilling on the Hancock Licence, part of the Hamersley Direct Shipping Iron Ore High Grade Project in the Pilbara region of Western Australia following the recently completed maiden drilling programme.

The company had sufficient confidence from the first batch of drill results from Phase 1 – both analytically and geologically – to return to the field and push on with an in-fill and extension drilling programme, using the same drill rig and drill team. Further, preliminary assay results have been received now on all samples from the Phase 1 drill programme and, once QA/QC is completed and reviewed, the company will update the market as soon as possible.

The company's focus for Phase 2 of drilling will be to seek a potential maiden resource on the Sirius Extension Prospect, adding knowledge and potential to the Ridge E Direct Shipping Ore (DSO) anomaly already defined, and will also test some newly identified DSO targets within the main area already drilled, including ridge C. If possible, the company may also consider surface reconnaissance and mapping on some untested areas to further expand its knowledge of the project.

Bill Brodie Good, CEO and Technical Director of Alien Metals, commented: "With the recent announcement of our plans to increase our interest in the Hamersley Iron Ore DSO Project from 51% to over 90%, as well as the robust global demand for iron ore and its recent price surge, we are really excited to be driving this next Phase of drilling forward at Hancock while continuing to work on the necessary paperwork to commence maiden drilling on the exciting Brockman Licence further west.

"We look forward to updating the market further as we proceed to move the Hamersley projects up the value curve to deliver value for shareholders."

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Australian mining news Iron ore mining news