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Alien Metals Ltd (LON:UFO) said the maiden drilling programme on the company’s Hancock Iron Ore Project in Western Australia is off and running.
The company is planning to complete at least 3,000 metres of grid-based shallow reverse circulation drilling across priority targets on the Hancock project, which is part of the Hamersley Iron Ore Project.
The programme will test four main targets that have been defined from historic and recent work, namely two high-grade east-west ridges of outcropping high-grade iron ore in the central and north-central parts of the tenement recently identified by Alien in field mapping and sampling and the historically defined Kalgan and Sirius Extension prospects.
Assay results from sampling are expected towards the end of next month.
Bill Brodie Good, the chief executive officer (CEO) and technical director of Alien Metals, said the company’s team had done the preparation for the drilling programme in a very short time-frame.
The recent sampling and mapping work completed at each phase has added confidence to the potential of both tenements., Brodie Good said.
“Alien also has the necessary permissions in place for the Hancock Project and the funding to start proving up the true potential of the historically known prospects (Kalgan and Sirius Extension), as well as some newly identified significant targets which we are about to start drilling,” the Alien Metals CEO said.
“We are waiting on the necessary permissions for similar maiden drilling on the Brockman Project which also holds excellent potential. We are excited about the opportunity to add significant value to the project and developing next stage exploration from the outcome,” he added.
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