UK miner develops Australian silver, iron ore projects

Photo: Alien Metal

London-listed miner Alien Metals is developing its pro-jects in Australia, completing an aeromagnetic survey over the eastern half of the Elizabeth Hill silver project, and a maiden drill programme launched on the Hancock iron ore project.


“The projects range in stage from early-stage to more advanced explora-tion projects where a joint venture partner has been brought in to fund and manage the advancement of the project, while Alien retains a signif-icant interest,” UK stockbroker Turner Pope Investments said in its as-sessment of the company.


“During 2021, Alien plans to advance its earlier-stage exploration projects up the value curve to a point at which they can attract a joint venture part-ner, while at the same time it is seeking to acquire additional early-stage exploration projects, so it can repeat this strategy,” according to the anal-ysis.


Alien Metals is listed on the Alternative Investment Market of the London Stock Exchange.