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Pinderi Hills Project Update
Pinderi Hills Project Update.
About this update from Alien Metals Ltd
[{"type":"text","content":"\n\n\n \nTrading Symbols\nAIM: UFO FWB: I3A1\n \n\n\n27 August 2024\n \nAlien Metals Ltd\n(\"Alien\" or \"the Company\")\n\nAlien's Joint Venture Partner Identifies 6km2 Li2O Soil Footprint at Pinderi Hills\n \nAlien Metals Ltd (AIM: UFO) is pleased to provide an update covering recent activities and exploration works completed and assessed by Errawarra Resources Ltd (\"Errawarra\") at its 100% owned Pinderi Hills silver and precious metals project (the \"Project\" or \"Pinderi Hills\") in Western Australia.\nAs announced on 29 April 2024, Errawarra entered into a joint venture agreement with Alien in respect of the lithium rights of the Project (the \"JV\"). Recent results provided by Errawarra concerning exploration for lithium at the Pinderi Hills Project have confirmed that the Munni Munni Mafic Complex is highly prospective for PGE's, nickel and copper. As part of the terms of the JV, Errawarra has a first right of refusal to acquire all the remaining mineral rights to the Pinderi Hills nickel, copper, and platinum group metals projects.\nHighlights:\nResults from over 1,000 samples collected at Pinderi Hills were received\n· Reconnaissance samples from Pinderi Hills Project confirm lithium pegmatite potential\n· New large lithium soil footprint identified within 6km2 area\n· Lithium trends with up to 3km strike highlighted by anomalous soil and stream samples\n· Second anomalous lithium area highlighted by stream samples\n· Rock chip sample reports 288ppm Li2O with associated anomalous Cs, Ta and Nb\n· Follow-up planning underway\n \nMunni Munni Anomaly:\nThe results of reconnaissance samples comprising soil (926 samples), stream sediment (190 samples) and rock chip (37 samples) undertaken on the Pinderi Hills JV tenements have been received and assessed. The stream samples covered the entire tenement package while the soil samples were restricted to the area covered by tenements M47/123, 124, 125 and 126 and a portion of E47/3322. Rock chip samples were taken when a pegmatite was identified while undertaking the soil and stream sediment sampling programmes.\nThe soil samples which were taken on a 400m x 100m north-south orientated grid have highlighted several closely related linear anomalou...