Geophysics Program Starts at Elizabeth Hill
Geophysical survey program commences at Elizabeth Hill silver project to test fault zone for mineralization repeats.
- Historical Elizabeth Hill production 1.2 Moz silver
- Historical head grade 2,194 g/t Ag
- Strike length to be tested approximately 4 km
- Geophysics program grant received A$114,312
- Alien's interest in Elizabeth Hill 30%
- Alien's interest in West Coast Silver 8.7%
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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 the beginning of a geophysical survey campaign at Elizabeth Hill. The program is designed to test approximately 4 km of the Munni Munni Fault Zone for potential repeats of the high-grade Elizabeth Hill silver system, which historically produced 1.2 Moz of silver at a head grade of 2,194 g/t Ag.
Key Highlights:
| · | Extensive Induced Polarization ("IP") and Controlled-Source Audio-frequency Magneto-Tellurics ("CSAMT") geophysical survey program commencing over approximately 4 km of strike of the Munni Munni Fault Zone ("MMFZ"), targeting potential repeats of the high-grade Elizabeth Hill silver system, which historically produced 1.2 Moz of silver at a head grade of 2,194 g/t Ag. |
| · | Planned geophysical work follows successful IP testing at the Elizabeth Hill Mine, where surveying identified a chargeability response coincident with the known Elizabeth Hill mineralised envelope, supporting IP as an effective tool for silver and base metal exploration. |
| · | West Coast Silver has successfully applied for and received a A$114,312 grant from the Western Australian Exploration Incentive Scheme co-funded geophysics program, covering 50% of the cost of the ground geophysical program. |
| · | The geophysical surveys cover numerous target areas delineated from surface mapping, soil geochemistry, structural analysis, and drone magnetic surveying (see West Coast Silver ASX releases dated 2 September 2025 and 12 March 2026). |
| · | Contract signed with Southern Geoscience Consultants and Zonge Engineering & Research Organisation to commence as soon as field crews are available. |
| · | Any anomalies detected by the Q3 2026 geophysical surveys may be prioritised for follow-up in late Q3 and Q4 as part of West Coast Silver's initiative to define additional stand-alone Elizabeth Hill silver 'pearls' along the MMFZ. |
| · | Diamond drilling continues to test the Elizabeth Hill Mine for extensions to, and infill of, the April 2026 Elizabeth Hill Mineral Resource Estimate ("MRE"), with economic studies of near-surface mineralisation progressing towards a Scoping Study. |
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/1717K_1-2026-6-29.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.