GreenTech drilling intersects copper near Whundo

Summary by AI BETAClose X

Alien Metals Limited has announced positive drilling results from GreenTech Metals' Whundo copper-zinc-gold project, in which Alien holds a 10% stake. Highlights include 7m at 2.5% copper from surface and 3m at 1.9% copper from 22m at Austin, as well as 1.5m at 2.6% copper and 1.3m at 1.8% copper from deeper intersections at Austin. Additionally, Yannery reported 11.6m at 0.9% copper and 1.2% zinc from 68.5m, with these results indicating potential for further mineralisation to be included in future resource modelling. Alien Metals also retains a separate 30% joint venture interest in the adjacent Munni Munni project.

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Alien Metals Limited
20 October 2026
 


20 October 2026

Alien Metals Limited

(“Alien”, “Alien Metals” or the “Company”)

Drilling by GreenTech intersects copper near Whundo Deposit

7m at 2.5% Cu from surface at Austin; 11.6m Cu-Zn at Yannery

 

Alien Metals Limited (AIM: UFO), a minerals exploration and development company, notes that GreenTech Metals Limited (ASX: GRE) (“GreenTech”), in which Alien holds 37.9 million shares representing approximately 10% of the issued share capital, has announced further diamond drilling results at its 100%-owned Whundo copper-zinc-gold project in the West Pilbara, Western Australia.

Highlights:

•

Yannery: 11.6m @ 0.9% Cu, 1.2% Zn and 2.2 g/t Ag from 68.5m (26GTDD014). Yannery lies outside the current Whundo Mineral Resource.

•

Austin — at surface: 7m @ 2.5% Cu, 20.7 g/t Ag and 0.1 g/t Au from surface; and 3m @ 1.9% Cu, 10.6 g/t Ag and 0.5 g/t Au from 22m (26GTDD017).

•

Austin — deeper: 1.5m @ 2.6% Cu, 0.7% Zn, 7.0 g/t Ag and 0.1 g/t Au from 257.6m; and 1.3m @ 1.8% Cu, 4.5 g/t Ag and 0.4 g/t Au from 263.6m (26GTDD018).

•

The results highlight potential for further mineralisation to be considered in future resource modelling. Whundo currently hosts a JORC 2012 Mineral Resource of 6.2Mt @ 1.12% Cu and 1.04% Zn.

•

GreenTech expects assay results from a further eight drill holes in November 2026.


Alien Metals’ exposure

In addition to its approximately 10% equity investment in GreenTech, Alien retains a separate 30% joint venture interest in the adjacent Munni Munni PGE-copper-nickel project, free-carried to completion of a bankable feasibility study. The Whundo project is owned by GreenTech; Alien’s exposure to Whundo is through its GreenTech shareholding.

Vince Fayad, Executive Director of Alien Metals, commented:

 

“The latest Yannery and Austin results provide further evidence of the resource growth potential at Whundo, including additional near-surface copper mineralisation. Our shareholding in GreenTech gives Alien shareholders continuing exposure to this exploration progress, alongside our separate 30% interest in Munni Munni. We look forward to further drilling results.”

 

The full GreenTech Metals announcement can be viewed at:http://www.rns-pdf.londonstockexchange.com/rns/6954Z_1-2026-10-20.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 (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 West Coast Silver, 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 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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