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Morningstar Article:
Alien Metals defines 20 exploration targets at Elizabeth Hill project
https://www.morningstar.co.uk/uk/news/AN_1618225610201741400/alien-metals-defines-20-exploration-targets-at-elizabeth-hill-project.aspx
The Hunters/Ferguson Reef outcrops over a strike length of approximately 8 km of which about 2.5 km lies within the our ground while a further 1 km length of reef is outcropping near the Cadgerina Dyke also within the our ground holding.
Therefore, 3.5km out of the 8km Munni Munni PGE strike length is within our grounds!
You can see it in this picture, target numbers 4, 5, 6, 7 & 8.
https://twitter.com/AlienMetals/status/1381491523703963653
We are very fortunate indeed to have this tenement.
Turner Popes 22/10/21 research note stated:
"PGE prospects the size of Munni Munni can presently only be found in higher risk locations, such as Africa, Russia etc. and Alien now has secured the Ferguson Reef extensions to the deposit."
HH yes I am here for the silver and I want lots of it. If any if the other pge Metals turn up in the results in quantities that makes it worth looking into more i will definitely be happy with that
Rhodium has certainly seen some explosive moves in price recently, but personally I'd favour something that occurred in slightly large quantities that would give a greater sense of security when extrapolating from drill data.
If you find trace quantities of rhodium a case could be built for mining it but the economics soon go askew if those traces are factionally smaller then sampling indicated.
personally I'd like to see some big fat silver results comparable to the main part of EH as long term I wouldn't exclude the possibility of the silver price showing similar percentage growth to rhodium.
Maybe a bit over done, I prefer Silver & tons of it.
Have you seen the spot price
Why do you want Rhodium?
If we are talking about pge Metals
Rhodium is what I want
aww thank u turbo yeaa i did my friend stay safe everyone enjoy shopping this day 12 of April everything open.. time for more research haha
@myavian you are delusional , your not even invested or have you just bought in today?
I for one would be glad to sell when it hits 4p. But I don’t think I will be separated from my shares anytime soon.
This stock it going to exploded - People will be buying flat out later this year when the share price is 4p
@silverhorse PGM and other rare earth metals, by way of their rarity and hence costs tend to be used in small quantities in all manner of specialist technical/scientific applications. Equally because of their rarity and cost researchers are always looking to find cheaper alternatives.
Given the time involved in exploring, drilling developing and bringing a mine to operation, and the speed of scientific/technical evolution it is a fair bet that if we do reach the point of mining them, some of the current uses of these rare metals may have dwindled whilst new uses found for them may have been found....
Silverhorse, pgms are also being proposed as needed materials in the newest generation of lithium ion batteries. Could be great timing to find and prove up even a moddest amount of pgms in the next year. As a EUAer this RNS has me pretty excited but as HH said. This is more sentiment than fact but still.
Throw some confirmed pgms into the mix and Aliens Metals becomes an even more attractive investment.
Munni Munni Complex including the Munni Munni platinum/palladium deposit (formerly the Hunters PGE Reef) Max111 - June look good to find out about this
The share price is booming up 4.75% this is what we been waiting for come on ufo
$1,020/oz platinum good price had to look this up -Platinum is used in the chemicals industry as a catalyst for the production of nitric acid, silicone and benzene. It is also used as a catalyst to improve the efficiency of fuel cells. The electronics industry uses platinum for computer hard disks and thermocouples.
hope the coffee cup is half full and not half empty.
Cheers HH
Silverhorse did I say diamonds lol if I did sorry and in answer to your other question yes I do and that's not a proposal acceptance. Gosh I'm in a good mood today.
944T
HH you make me laugh with you analogies just stopped to pick a coffee up on the motorway. Like you my biggest holding by far.
Have a good day guys Thame here I come.
944T
So many tasty targets, this is some of that good news we've been waiting for.
Todays RNS corresponds with our lab certified soil samples RNS from 12/11/20 which stated:
- Samples have been processed by ALS Global in Perth and have returned anomalous results for nickel (Ni), platinum group elements (PGEs), copper (Cu), gold (Au) and silver (Ag).
Now we just need to drill our "seven highest priority targets delineated for PGE and Ag/Ni/Cu mineralisation" to get a resource estimate.
@944 Turbo .. to extend the metaphor... strictly speaking we don't know what's in the present(s) ... we've merely caught a glimpse of the label on the packaging... does it give us a clue as to what's inside... possibly?... Or has granny just used a convenient sized old cardboard box to package those hand knitted socks in.
Mining exploration involves far too many IF's BUT's and MAYBE's for me to pre-judge anything... UFO is by far the biggest holding in my portfolio because I have faith in BBG and the ground we hold... however some news I file as facts, much gets filed as good will to boost sentiment.
In the way I invest today's RNs gets filed under good will but not hard fact.
Bill will be pulling a massive rabbit out of the hat!
944turbo - Diamonds !