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High Grade Direct Ship Ore at Sirius Extension
High Grade Direct Ship Ore at Sirius Extension.
About this update from Alien Metals Ltd
[{"type":"text","content":"\n\n\n\n \nTrading Symbols\nAIM: UFO\nFWB: I3A1\n20 July 2023 \n \nAlien Metals Ltd\n(\"Alien\" or \"the Company\")\n \nHigh Grade Direct Ship Ore confirmed at Sirius Extension, results to support targeted upgrades of Resource classification and conversion of Resources to Reserves\n \nAlien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development company, is pleased to announce through its wholly-owned subsidiary Iron Ore Company of Australia Pty Ltd (\"IOCA\") the first batch of assay results from its recent resource definition drilling programme (see RNS 2 May 2023) at the Company's 90% owned Hancock Iron Ore Project (\"Hancock Project\"), Pilbara Region, Western Australia.\nHighlights\n· 13 diamond core holes drilled during April 2023 for a total of 1049 metres (\"m\") at the Company's Sirius Extension Deposit. This infill campaign increased the total density of the drilling activities to date at the Sirus Extension Deposit allowing the Company to target Resource upgrades from Inferred to Indicated which should then support future Reserve reclassifications \n· The initial batch of assay results for the first two (23IHD003 and 23IHD006) holes have been received, with highlights that include:\no from Drill Hole 23IHD003\n§ 26.9m @ 60.03% iron (\"Fe\") from 13.9m including a high grade intercept of 12m @ 61.2% Fe from 28.8m, and\n§ 16.1m @ 59.75% Fe from 46.9m including a high grade...