High-Grade Silver Results around Elizabeth Hill

High-Grade Silver Results Up to 920g/t from Surface Sampling ~300m north and ~150m to the south of Elizabeth Hill

Alien Metals Ltd (AIM: UFO), a minerals exploration and development company, is pleased to report that its joint venture partner, Errawarra Resources Ltd (ASX: ERW) ("Errawarra"), has recorded multiple high-grade silver results from recent surface sampling at the Elizabeth Hill Silver Project in Western Australia.

Highlights:

• Portable XRF ("pXRF") surface sampling has returned multiple high-grade silver ("Ag") results up to 920g/t
• Gossanous and ferruginous float has generated new potential silver target areas near the historic Elizabeth Hill mine
• High-grade readings have been recorded ~300m to the north and ~150m to the south of the known Elizabeth Hill mineralisation envelope and correlate with the location of the Munni Munni Fault system
• Samples returning elevated Ag readings are typically from iron-rich, gossanous-like material
• Further exploration now planned, including trenching, additional sampling and metal detecting
• Inaugural drilling program to commence in the coming weeks
• Samples collected have been dispatched to the laboratory for further analytical testing, with results expected in 6-8 weeks

The recent surface sampling at the Elizabeth Hill Project has returned multiple elevated pXRF silver (Ag) readings, including high-grade results up to 920g/t Ag. Several pXRF silver target locations have been identified across the project area, with 37 surface samples returning elevated silver results of greater than 50g/t Ag, including areas approximately 150m south of the historic Elizabeth Hill mine site and approximately 300m north of the mine, including a highest recorded silver value of 920g/t Ag.

Guy Robertson, Executive Chairman, commented:

"These new high-grade silver readings confirm our belief that the Elizabeth Hill Project remains significantly underexplored. The pXRF results support the potential for further silver mineralisation beyond the historically defined system and align with the planned drill targets. We look forward to the commencement of drilling by Errawarra and updating shareholders as exploration progresses."

Figure 1 - Locations of elevated Silver (Ag) readings via pXRF

Table 1 - pXRF highlights (results greater than 100g/t Ag) at Elizabeth Hill

The high-grade silver results (>50g/t Ag) are typically associated with iron-rich, gossanous-like float material, which may be indicative of mineralised extensions to the known system.

Further work is now planned to investigate these encouraging areas, including:

• Additional surface sampling;
• Metal detector surveys to identify more material in the vicinity; and
• Targeted trenching to identify potential mineralised structures at surface.

The samples collected have been dispatched to the lab for analytical testing with assay results expected in 6-8 weeks.

The Company cautions that while pXRF readings provide a useful indication of mineral content and approximate grades, they are not a substitute for laboratory-derived assay grades and will not be used in any resource estimation. All samples will be sent to an independent laboratory for accurate analysis, with assay results expected in 6-8 weeks. Portable XRF results reported in this announcement are considered semi-quantitative.

Alien will continue to update the market as further exploration results become available.

The Elizabeth Hill Project

• Previous mining operation ceased in 2000 due to low silver prices (US$5/oz)[2]

Figure 2 - Tenement Location

Through the consolidation of the surrounding land packages into a single contiguous 180km2 package, significant exploration and growth potential exists both near mine and regionally.

The land package holds a significant portion of the Munni Munni fault system, which is considered prospective for repetitive silver deposits.

To read Errawarra's announcement, please click below:

For further information, please visit the Company's website at www.alienmetals.uk or contact:

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Robert Collins

Zeus Capital Limited (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 203 829 5000

CMC Markets (Joint Broker)

Douglas Crippen

Yellow Jersey (Financial PR)

Charles Goodwin / Shivantha Thambirajah / Zara McKinlay

[2] www.kitco.com/charts/silver