Elizabeth Hill Silver Mineralisation Extended
Alien Metals Limited announced that its joint venture partner at the Elizabeth Hill Silver Project has reported significant assay results from recent reverse circulation drilling, extending silver mineralisation up to 70 meters north of the maiden resource estimate and confirming the system remains open. Notable intersections include 60 meters at 25 g/t silver, 26 meters at 31 g/t silver, and a high-grade intercept of 2 meters at 96 g/t silver, with the majority of new mineralisation lying outside the existing resource estimate, indicating potential for growth. Further assay results are pending for the remaining drill holes, and diamond drilling is underway to test below mineralised zones, with economic studies progressing to evaluate development pathways.
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Alien Metals Limited (AIM: UFO), a minerals exploration and development company, notes the release of an announcement from its joint venture partner at the Elizabeth Hill Silver Project ("Elizabeth Hill"), West Coast Silver Limited ("West Coast Silver") (ASX: WCE). The announcement outlines significant assay results for the first 17 of 32 reverse circulation ("RC") drill holes completed in May 2026 at Elizabeth Hill, located near Karratha in the Pilbara region of Western Australia.
Key Highlights:
| · | RC drilling has significantly increased the scale of silver mineralisation up to 70m north of the Elizabeth Hill April 2026 maiden mineral resource estimate ("MRE"), confirming the mineralised system is open at depth and along strike, with multiple holes ending in mineralisation in the Munni Munni Fault Zone ("MMFZ"). |
| · | Best intersections received to date include: |
- 60m @ 25 g/t Ag from surface (including 19m @ 31 g/t Ag) (hole 26WCRC004)
- 26m @ 31g/t Ag from 4m (hole 26WCRC002, finished in mineralisation)
- 9m @ 33g/t Ag from 6m and 5m @ 31g/t Ag from 26m (hole 26WCRC003)
- 2m @ 96g/t Ag from 91m (hole 26WCRC012)
- 1m @ 157g/t Ag from surface (hole 26WCRC011)
| · | The majority of new mineralisation lies outside the April 2026 MRE, increasing the scale of the mineralised system and providing a clear basis for MRE growth. |
| · | Assay results received for the first 17 of 32 RC holes drilled at Elizabeth Hill North in May 2026 (2,710m RC program). Assays for the remaining 15 holes are pending, including hole 26WCRC023 which intersected 72m of altered MMFZ, with further results expected over the coming months. |
| · | Lead mineralisation up to 1.66% Pb intersected in hole 26WCRC010, consistent with the spatial association between lead and silver at Elizabeth Hill and indicating potential for higher-grade silver further along the MMFZ. |
| · | 72m of altered MMFZ in hole 26WCRC023 (assays pending), representing the widest fault zone intersection drilled to date at Elizabeth Hill North |
| · | Diamond drilling is underway to test below RC holes that terminated in mineralisation, with economic studies of near-surface mineralisation progressing in parallel to support evaluation of a development pathway. |
Alien holds a 30% interest in Elizabeth Hill and holds 30.5 million shares in West Coast Silver (representing an approximate 8.7% interest in the issued share capital of West Coast Silver).
The full West Coast Silver announcement is available at: http://www.rns-pdf.londonstockexchange.com/rns/5497H_1-2026-6-9.pdf
For further information, please visit the Company's website at www.alienmetals.uk or contact:
Alien Metals Limited
Bruce Garlick
Strand Hanson (Financial and Nominated Adviser)
James Harris / James Dance / Edward Foulkes
Turner Pope (Broker)
Andy Thacker / Guy McDougall
IFC Advisory (Financial PR and Investor Relations)
Tim Metcalfe / Graham Herring / Zach Cohen
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.