Alien Metals (UFO ) said ‘exceptionally’ high silver grades have been returned from initial drilling results of the inaugural drilling program at the group’s high-grade Elizabeth Hill Silver Project supporting the team’s view that the near surface oxide expression of the deposit was never fully tested nor its potential fully explored for both the silver and the base metals present.
Alien Metals returns ‘exceptional’ high silver grades at Elizabeth Hill said ‘exceptionally’ high silver grades have been returned from initial drilling results of the inaugural drilling program at the high-grade Elizabeth Hill Silver Project.
The minerals exploration and development firm announced in December 2021 that it had commenced work at the project in Western Australia as part of its effort to reopen the mine.
In recent weeks, the Group identified ‘strong’ anomalies of copper, nickel and PGM (platinum, palladium and gold) mineralisation from trenching and rock chip sampling at Elizabeth Hill.
At the time, Alien said the results validated its view that Elizabeth Hill hosts the potential for a much larger mineralised (VMS-style) system along with the silver deposit. As a result, it told investors that it would follow up with a field program to expand the potential of these targets.
Today, Alien Metals reported ‘exceptional’ high silver grades with assays including, inter alia, 14.2m @ 5,964 g/t of silver (Ag) (192oz/t Ag) from 10.5m including 9.7m @ 8,300 g/t Ag (267oz/t Ag), in drillhole 21EHDD003 and 24.8m @ 829 g/t of silver (27oz/t Ag) from 2m.
The company also highlighted to investors that further ‘significant’ assay results for base metals have also been returned from the same intervals including 14.2m @ 0.18% of copper, 0.14% of nickel, 0.36% of lead, 0.12% of zinc and 140 g/t of cobalt, respectively, from 10.5m.
It outlined that the interpretation of these diamond core results suggest the mineralised envelope at Elizabeth Hill may be larger than work by previous explorers has suggested.
The group said mineralisation starts at surface in highly weathered soft easily extractable material and that a significant number of assays from the RC drilling remain outstanding.
Bill Brodie Good, CEO & Technical Director, commented: “These fantastic initial results support the team’s view that the near surface oxide expression of the deposit was never fully tested nor its potential fully explored for both the silver and the base metals present.”
He added: “We look forward to receiving the outstanding RC drill results and planning the next round of work programmes to advance the heavily endowed Elizabeth Hill and Munni Munni mineralised system.”
Earlier this month, Alien Metals identified extensions to existing inferred resources in the recently completed reverse circulation drilling programme at the Hancock Iron Ore project.
The minerals exploration and development firm is currently undergoing a Phase 3 drilling programme at the project which forms part of its Hamersley Iron Ore Project in Australia.
In total, 46 RC holes for 1,146m were completed prior to the end of 2021, targeting extensions to known deposits and infill drilling on existing resources of 10.4Mt @ 60.4% Fe, it reported.
As part of the ongoing development studies, the Company also collected a bulk sample of about 1,000 Kg of high-grade material for initial metallurgical test work, it told investors.
As previously announced, the RC drilling that was completed at the end of 2021 comprised a total of 46 holes for 1,146m, with just over half of the drilling taking place on Ridges C and E.
Follow News & Updates from Alien Metals: