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Encouraging soil sampling results at ELA 47/4422
Encouraging soil sampling results at ELA 47/4422.
About this update from Alien Metals Ltd
[{"type":"text","content":"\n \n \n \n RNS Number : 1238F\n Alien Metals Limited\n 12 November 2020\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Trading Symbols\n \n \n AIM: UFO\n \n \n FWB: I3A1\n \n \n \n \n \n 12th November 2020\n \n \n \n \n \n \n Alien Metals Ltd \n \n \n \n \n (\"Alien Metals\" or \"the Company\")\n \n \n \n \n \n \n \n \n Follow the link to view the announcement in full including all figures:\n \n \n http://www.rns-pdf.londonstockexchange.com/rns/1238F_1-2020-11-12.pdf\n \n \n \n \n \n \n \n \n \n \n \n \n \n Encouraging results of soil sampling at \n \n \n ELA 47/4422, surrounding\n \n \n \n Elizabeth Hills Silver Project \n \n \n \n \n \n \n Alien Metals Ltd (LSE AIM:UFO) (Alien Metals or the Company), a minerals exploration and development company, is pleased to advise that it has received the results of the laboratory analysis for approximately 370 soil samples covering the eastern portion of ELA 47/4422, which surrounds the Company's Elizabeth Hill Silver Project (Figure 1). The soil samples were processed by ALS Global in Perth\n for low level standard suite analysis. The Company agreed to acquire the tenement ELA 47/4422 as announced on 1 October 2020 which as part of the deal included approximately 600 soil samples, 370 of which have been found to be within ELA 47/4422.\n \n \n \n \n \n The results are presented in Figures 2 to 7 below, showing the anomalous areas for nickel, copper, zinc, silver, palladium and platinum. Encouragingly the anomalies are coincident with structures and lineaments, which further supports the Company's strategy of follow-up with detailed geological mapping and additional sampling. \n \n \n \n \n \n Highlights:\n \n \n - \n ELA 47/4422 includes priority prospects surrounding the Company's Elizabeth Hill Silver Project, including: Sunchaser (Zn), Conquest: (Cu/Zn/Pb), Carver (precious metals), Munni Munni East (precious metals).\n \n \n - \n ELA 47/4422 was conditionally acquired in September 2020 and included the acquisition of approximately 600 soil samples of which 370 are within the permit area. \n \n \n - \n Samples have been processed by ALS Global in Perth and have returned anomalous results for nickel (Ni), platinum group elements (PGEs), copper (Cu...