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The latest announcement is out from Alien Metals Ltd ( (GB:UFO) ).
Alien Metals Ltd, in collaboration with its joint venture partner West Coast Silver Limited, has commenced Phase 2 diamond drilling at the Elizabeth Hill Silver Project in Western Australia. This phase aims to explore high-grade silver mineralization near the surface and deeper areas, building on previous successful results. The initiative is expected to enhance the project’s momentum and potentially increase Alien Metals’ stake in the high-grade silver market, benefiting stakeholders through potential resource expansion and increased project value.
More about Alien Metals Ltd
Alien Metals Ltd is a mining exploration and development company listed on the AIM market of the London Stock Exchange. The company focuses on delivering a profitable direct shipping iron ore operation from its Hancock iron ore project in Western Australia. Alien Metals also holds interests in other iron ore exploration projects and one of Australia’s largest PGM deposits, Munni Munni.
Average Trading Volume: 195,211,405
Technical Sentiment Signal: Buy
Current Market Cap: £17.07M
For a thorough assessment of UFO stock, go to TipRanks’ Stock Analysis page.