Miscellaneous Licence granted

Miscellaneous Licence granted and access secured for Hancock Project

Alien Metals Ltd (AIM: UFO), a minerals exploration and development company, is pleased to announce that following the execution of the Heritage Agreements ("HPAs") with the Karlka Nyiyaparli Aboriginal Corporation RNTBC ("KNAC"), KNAC has withdrawn its objection to the application for a Miscellaneous Licence by Iron Ore Company of Australia ("IOCA") and the Western Australian Department of Mines, Industry Regulation and Safety ("DMIRS") has now granted the Miscellaneous Licence associated with its 90% owned Hancock Iron Ore Project ("Hancock Project"), in the Pilbara Region, Western Australia.

Highlights:

• IOCA's application for a Miscellaneous Licence from the Great Northern Highway to the proposed Hancock Project Mine Site has been approved by DMIRS.
• The Miscellaneous Licence provides the Company necessary tenure to construct the essential infrastructure (subject to FID) for site access from the Great Northern Highway to the proposed mine site.
• The proposed infrastructure will include the construction of an intersection at the Great Northern Highway and an access track into the mine site.

Troy Whittaker, Chief Executive Officer commented:

"The granting of the Miscellaneous Licence is an important milestone for the Company. It is a milestone that significantly de-risks the Hancock Project execution. Consent for the miscellaneous licence not only provides us with an essential approval, but also grants us the critical land tenure that secures unconstrained access to the mine site."