Last checked at 16 Jun 2022 11:55
IN BRIEF: Alien Metals confirms premium ore grades at Hancock project
Alien Metals Ltd - London-based mineral exploration company - Pretax loss widens to USD2.6 million in 2021 from GBP1.2 million in 2020. Total assets are USD13.1 million at the end of the year, up 38% from USD9.1 million a year before. At year-end, the company holds 12 fully owned mining concessions in Mexico and is in the process of obtaining an option to acquire an interest in another project. Alien Metals says that 2021 was held back by the Covid-19 pandemic but adds that despite this it was able to achieve significant milestones, such as a maiden direct shipping ore inferred resource for the Hancock iron ore project.
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