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Pin to quick picksAlien Metals Share News (UFO)

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Alien Metals begins survey to identify targets at Donovan 2

Tue, 11th Feb 2020 11:24

(Sharecast News) - Exploration and development company Alien Metals updated the market on its Donovan 2 copper-gold project on Tuesday, explaining that it had now commissioned the induced polarisation survey to generate high-priority drill targets.
The AIM-traded firm said the project contained a prospective volcanic massive sulphide target, identified by previous sampling and mapping programmes .

It said a ground magnetic induced polarisation survey over the volcanic massive sulphide target was being conducted, in a bid to generate high-priority drill targets.

The results of that were expected during the first quarter, with the board saying the next stage of work on Donovan 2 would be the drilling of priority targets identified by the survey, subject to additional funding being available.

"I am pleased to announce that we have commissioned TMC Exploracion of Mexico, who did the previous geophysical studies on Donovan 2, to carry out a ground-based induced polarisation survey to aid in defining a coherent drill target or targets," said technical director Bill Brodie Good.

"With their knowledge of the project to date they will be able to add further value to this programme combining historic and new data and we look forward to a successful and positive outcome from the program."

Brodie Good said mobilisation to site was "imminent" by TMC.

"Discussions are continuing with drilling companies to carry out future follow up work."

At 1007 GMT, shares in Alien Metals were up 8.11% at 0.2p.
More News
15 Mar 2024 16:31

Alien Metals announces short-term funding for exploration project

(Alliance News) - Alien Metals Ltd on Friday announced a funding package worth up to AUD2.0 million through a convertible loan note.

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15 Mar 2024 13:28

Alien Metals secures AUD 2m short-term funding

(Sharecast News) - Alien Metals announced a short-term funding facility worth up to AUD 2m (£1.03m) via a convertible loan note on Friday.

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8 Feb 2024 20:13

TRADING UPDATES: Seeing Machines revenue grows; Baron Oil strikes deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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8 Feb 2024 14:27

Alien Metals takes wraps off Hancock development study

(Sharecast News) - Alien Metals unveiled promising outcomes of a development study on its Hancock Iron Ore Project in Western Australia's Pilbara region on Thursday.

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27 Dec 2023 09:02

IN BRIEF: Alien Metals prepares new team as CEO Troy Whittaker resigns

Alien Metals Ltd - exploration and development in Australia - Chief Executive Officer Troy Whittaker resigns, with effect from December 31. Alien Metals doesn't provide an explanation for Whittaker's departure. Non-Executive Chair Alwyn Vorster and Executive Director Guy Robertson will provide the "necessary support", as Alien Metals finalises details of the new management team. Expects to make an announcement about the new team, who are expected to start early January, in the coming week.

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14 Dec 2023 12:26

Alien Metals inks mining deal with Nyiyaparli People in Australia

(Alliance News) - Alien Metals Ltd on Thursday said it has struck a deal with the Karlka Nyiyaparli Aboriginal Corp RNTBC to collaborate on the Hancock iron ore project in Pilbara, Western Australia.

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28 Nov 2023 14:34

IN BRIEF: Alien Metals signs accord with Pilbara Ports for iron export

Alien Metals Ltd - Australia-focused minerals exploration and development company, currently developing a near-term, direct shipping, iron ore operation at the Hancock project in Pilbara, Western Australia - Enters memorandum of understanding with Pilbara Ports to access its Utah Bulk handling facility, multi-user berth in Port Hedland, which is a town in Western Australia. Says the agreement is a step towards getting Pilbara Ports to export the iron ore produced by Alien Metals' Hancock project.

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3 Nov 2023 11:56

IN BRIEF: Alien Metals issues 26.3 million shares to consultant

Alien Metals Ltd - Australia-focused minerals exploration and development company, currently developing a near-term, direct shipping, iron ore operation at the Hancock project in Pilbara, Western Australia - Issues 26.3 million shares at a deemed price of GBP0.0019 per share for services rendered to a geological consultant for exploration services on its Pinderi Hills and Mexico projects during 2023, in lieu of a cash payment. Expects that admission will become effective and dealings in the common shares will begin on AIM on November 8.

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10 Oct 2023 16:42

Alien Metals signs heritage agreement for Vivash Gorge

(Sharecast News) - Minerals explorer and developer Alien Metals announced on Tuesday that its subsidiary, the Iron Ore Company of Australia (IOCA), has finalised a Heritage Agreement (HPA) with the PKKP Aboriginal Corporation RNTBC (PKKP AC).

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10 Oct 2023 13:57

Alien Metals inks heritage deal with PKKP AC for Vivash project

(Alliance News) - Alien Metals Ltd on Tuesday said that its subsidiary, Iron Ore Company of Australia Pty Ltd, has signed a heritage agreement with the PKKP Aboriginal Corporation RNTBC for the Vivash Gorge exploration licence.

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4 Oct 2023 11:20

Alien Metals says KNAC withdraws objection to miscellaneous licence

(Alliance News) - Alien Metals Ltd on Wednesday said that the Karlka Nyiyaparli Aboriginal Corp RNTBC has withdrawn its objection to the application for a miscellaneous licence by Iron Ore Co of Australia.

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3 Oct 2023 10:53

Alien Metals hails collaboration on signing of heritage agreements

(Alliance News) - Alien Metals Ltd on Tuesday said that its subsidiary, Iron Ore Co of Australia, has signed heritage agreements with the Karlka Nyiyaparli Aboriginal Corp RNTBC for two exploration licences, as well as one miscellaneous licence.

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3 Oct 2023 10:48

Alien Metals inks heritage agreements over Hancock project

(Sharecast News) - Minerals explorer and developer Alien Metals updated the market on its Hancock iron ore project on Tuesday, announcing the execution of heritage agreements (HPAs) with the Karlka Nyiyaparli Aboriginal Corporation.

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29 Sep 2023 14:39

EARNINGS: R&Q Insurance loss swells, Jade Road still selling assets

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Friday and not separately reported by Alliance News:

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27 Sep 2023 15:49

UK shareholder meetings calendar - next 7 days

Thursday 28 September 
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ActiveOps PLCAGM
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CentralNic Group PLCGM re name change to Team Internet Group PLC
CT Global Managed Portfolio Trust PLCAGM
Diageo PLCAGM
FIH Group PLCAGM
FRP Advisory Group PLCAGM
Kromek Group PLCAGM
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Oxford Cannabinoid Technologies Holdings PLCAGM
Pembroke VCT PLCAGM
Polar Capital Holdings PLCAGM
Redcentric PLCAGM
Revolution Beauty Group PLCAGM
Roebuck Food Group PLCAGM
SysGroup PLCAGM
TPXimpact Holdings PLCAGM
TruFin PLCAGM
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Andrada Mining LtdAGM
Capital Metals PLCAGM
Enteq Technologies PLCAGM
finnCap Group PLCAGM
Goodwin PLCAGM
GRC International Group PLCAGM
Hellenic Dynamics SAAGM
ITM Power PLCAGM
Kodal Minerals PLCAGM
Merit Group PLCAGM
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Monday 2 October 
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Tuesday 3 October 
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Wednesday 4 October 
Alien Metals LtdAGM
Black Sea Property PLCAGM
TheWorks.co.uk PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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