Elizabeth Hill Diamond Drilling Complete

Summary by AI BETAClose X

Alien Metals Limited has announced the completion of 14 diamond drill holes totaling 2,015.7 meters at the Elizabeth Hill Silver Project in Western Australia, with results expected in August 2026 to support an updated Mineral Resource Estimate and economic studies. Previously reported assays included significant silver intercepts such as 3m at 524g/t Ag from 183m. The company holds a 30% interest in Elizabeth Hill and 30.5 million shares in joint venture partner West Coast Silver. Further drilling is planned for the second half of 2026.

Disclaimer*

Alien Metals Limited
30 July 2026
 

 

30 July 2026

Alien Metals Limited

("Alien" or the "Company")

Elizabeth Hill Diamond Drilling Complete

 

Alien Metals Limited (AIM: UFO), a minerals exploration and development company, notes that its joint venture partner, West Coast Silver Limited ("West Coast Silver") (ASX: WCE), has today released an announcement confirming the successful completion of the H1 2026 diamond drilling programme at the Elizabeth Hill Silver Project in the Pilbara region of Western Australia.

 

Highlights:

 

·

14 diamond drill holes for 2,015.7m have been successfully completed at the Elizabeth Hill Silver Project in the Pilbara, Western Australia.

·

The program tested deeper targets beneath the mine, completed follow-up drilling north and west of the current Mineral Resource Estimate ("MRE"), and undertook infill drilling within the Elizabeth Hill MRE block model (released April 2026).

·

Previously reported diamond core assays included significant silver intercepts of 3m @ 524g/t Ag from 183m, including 1.5m @ 1,039g/t Ag from 184.5m in 26WCDD029.

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All samples were submitted to ALS Geochemistry Perth for assay.

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All assay results are expected to be returned in August 2026.

·

Results will support an updated JORC (2012) Mineral Resource Estimate ("MRE") and provide the basis for economic studies to evaluate potential development options.

·

Further diamond drilling to follow up on the successes of the H1 2026 diamond drilling program is planned for H2 2026.

 

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 report is available at: http://www.rns-pdf.londonstockexchange.com/rns/4179O_1-2026-7-29.pdf

 

For further information, please visit the Company's website at www.alienmetals.uk or contact:

 

Alien Metals Limited

Vince Fayad

Email: ir@alienmetals.uk

 

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Edward Foulkes

Tel: +44 (0) 207 409 3494

 

Turner Pope (Joint Broker)

Andy Thacker / Guy McDougall

Tel: +44 (0) 203 657 0050

 

IFC Advisory (Financial PR and Investor Relations)

Tim Metcalfe / Graham Herring / Zach Cohen

Tel: +44 (0) 203 934 6632

 

Notes to Editors

 

Alien Metals Ltd is a mining exploration and development company quoted on the AIM market of the London Stock Exchange (AIM: UFO). The Company follows a balanced strategy focused on advancing and strengthening its asset portfolio through targeted technical work and project development, while evaluating partnerships, joint ventures, and selective monetisation opportunities to enhance shareholder value. At the same time, Alien will continue to consider opportunities to expand its asset base through carefully selected acquisition opportunities consistent with the Board's disciplined investment criteria.

 

Alien's 100%-owned Georgina Basin IOCG Project comprises a tenement package of approximately 2,500 km² in the East Tennant province of the Northern Territory. Exploration by the Project's former owners has confirmed the IOCG potential of the tenement package, with the identification of elevated IOCG pathfinder elements, including copper, bismuth, silver and uranium, in drilling, and three drill-ready gravity anomalies remain to be adequately tested.

 

Alien's principal iron ore focus is the advancement and development of its 90%-owned Hancock Iron Ore Project in the central Pilbara region of Western Australia. The Hancock tenements contain a JORC-compliant resource of 8.4Mt at 60% Fe and offer significant exploration upside, which is targeted to deliver a mining operation of 2Mtpa for 10 years. The Project benefits from direct access to the Great Northern Highway, providing a route to export facilities at Port Hedland, one of the world's largest iron ore export hubs. Alien also holds exploration interests in the Brockman and Vivash iron ore projects in the West Pilbara.

 

Alien additionally retains exposure to two advanced precious and base metal assets in the Pilbara. At Munni Munni, one of Australia's largest PGM systems hosting a historic resource of 2.2Moz PGM (palladium, platinum, and rhodium) and gold, the Company has completed its partial asset sale and joint venture transaction with GreenTech Metals Ltd under which Alien retains a 30% interest, free carried to completion of a bankable feasibility study at Munni Munni, and additionally holds 37.9 million shares in GreenTech Metals Ltd. Alien (via a wholly owned subsidiary) also retains a 30% interest in the Elizabeth Hill Silver Project through a joint venture with Crest, which encompasses the Elizabeth Hill Mining Lease M47/342, which has produced some of Australia's highest-grade silver ore during the late 1990s. Alien retains a 30% interest in the Elizabeth Hill Silver Project and additionally holds 30.5 million shares in West Coast Silver Limited, providing both direct project exposure and equity participation in ongoing development.

 

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