RE: UFO: EH (Silver) | Hanc0ck (Iron) | Munni (PGM) | Aus Tier 1| *3p+13 Oct 2025 08:36
It's a good job Alien has a plethora of world class metals assets, with proven reserves and proven high grades in tier 1 Australia
*EH world class historic silver mine and huge new drill and development campaign underway 2 weeks ahead of schedule, significantly larger than the last all at no cost to Alien Metals who hold 30% and 10% of the company in shares. During the last drill campaign Silver was trading between $30-35 and now it's $40-50.
*Hanc0ck Jorc compliant 8.4mt Iron Ore project surrounded by Rio Tinto and BHP with key unlocking events achieved this year and a further resource expansion target of an additional 28mt. Iron ore prices holding very well and strong throughout the year.
*Munni Munni PGM with PGM prices soaring
Summary
Historic JORC 2004 compliant resource of 24Mt @ 2.9g/t PGM and Gold for 1.14Moz Pd, 0.83Moz Pt, 152Koz Au and 76Koz Rh (Rhodium)
First time in 30 years that Munni Munni and Elizabeth Hill projects have been consolidated into a single coherent tenement, under 100% ownership
Potential for a much larger, high value, multi-commodity resource many of which appear on critical mineral lists
One of the largest undeveloped primary PGM Resources in Australia.
Target 3p+ and given it's Australia this also deserves a premium.