Business
Geophysics Program Starts at Elizabeth Hill
Alien Metals Limited has announced that its joint venture partner, West Coast Silver, has commenced a district-scale geophysical program at the Elizabeth Hill Silver Project. This program will test approximately 4 km of the Munni Munni Fault Zone for potential repetitions of the high-grade silver system, which historically produced 1.2 million ounces of silver at a grade of 2,194 g/t Ag. The company also notes that West Coast Silver received a A$114,312 grant from the Western Australian Exploration Incentive Scheme to co-fund 50% of the ground geophysical program. Alien Metals holds a 30% interest in Elizabeth Hill and 30.5 million shares in West Coast Silver. Disclaimer*
About this update from Alien Metals Ltd
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (596/2014/EU) AS THE SAME HAS BEEN RETAINED IN UK LAW AS AMENDED BY THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. 30 June 2026 Alien Metals Limited ("Alien" or the "Company") District-Scale Geophysics Program Commences at Elizabeth Hill Silver Project 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 cr...