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Alien Metals’ Georgina Basin Move Opens a New Copper-Uranium Growth Front (video)

Jacob Brown

July 8, 2026

8:40 am

Alien Metals (LON:UFO) Executive Chairman Bruce Garlick explains why the proposed Georgina Basin Copper Gold Project acquisition could mark a major shift for the company, adding exposure to copper, uranium and IOCG exploration in what he describes as “elephant country”. He also outlines the next 12 months of activity, the importance of three drill-ready targets, the role of incoming Executive Director Vincent Fayad, and how Alien’s wider portfolio of iron ore, silver, PGMs and strategic equity holdings could support the company’s ambition to move towards production.

Positive

Alien Metals' Georgina Basin Move Opens A New Copper-Uranium ...

10:46

Bruce Garlick, Executive Chairman of Alien Metals, discusses the proposed acquisition of the

Vid

Positive

Executive Chairman Bruce Garlick commented:

"We are excited by the outcomes of these diamond and RC drilling campaigns at Elizabeth Hill and Elizabeth Hill North. The identification of high-grade silver at depth in 26WCDD029 (3m @ 524g/t Ag from 183m; including 1.5m @ 1,039g/t Ag from 184.5m) and broad, near-surface silver zones of up to 44m downhole extent, together with mineralisation extending beyond the current resource boundary, demonstrates the increasing scale of the Elizabeth Hill silver system and reinforces its significant resource growth potential.

The extension of mineralisation beyond the April 2026 MRE, to the north, west and at depth, has the potential to add new silver ounces and tonnes in the next MRE update. Importantly, the intersection of silver mineralisation hosted in granite expands the prospectivity of the system beyond a single rock type, and the alteration patterns observed provide the exploration team with a robust tool for targeting higher-grade zones.

The intersection of nickel (Ni), copper (Cu) and palladium (Pd) in 26WCDD029 (0.45m @ 2.73% Ni, 0.93% Cu and 0.7g/t Pd from 154.87m) hosted in ultramafic lithologies within the basal Munni Munni Intrusive Complex, opens the possibility of an additional mineralisation style at Elizabeth Hill.

Elizabeth Hill high grade silver discovery and near

surface mineralisation extension

• Recently returned diamond drilling (DD) assays from below and south of the Elizabeth Hill historical

silver workings have intersected:

o3m @ 524g/t Ag from 183m; including 1.5m @ 1,039g/t Ag from 184.5m in diamond drill hole

26WCDD029.

• This diamond drill hole confirms a new, still to be fully defined, discrete zone of silver

mineralisation, below and separate from the previously mined Elizabeth Hill orebody.

• The new drill intersection ties together historical drill intersections of 7m @ 607g/t Ag from 57m

(including 2m @ 1,995g/t Ag from 61m) in underground drill hole UGD0841; and 4m @ 223g/t Ag from

190m in surface drill hole AG33, to define an approximately 50m long, north-south, sub-horizontal,

mineralised trend beneath and to the south of historical mine workings.

• Massive sulphides were also intersected in hole 26WCDD029, which targeted an off-hole

electromagnetic (EM) conductor from 25WCDD025 returning:

o2.73% Ni, 0.93% Cu and 0.7g/t Pd over 0.45m from a depth of 154.87m down hole.

• Final assays from 2026 RC extension drilling continued to increase the scale of silver

mineralisation north and west of the Elizabeth Hill maiden MRE (April 2026).

• Best RC intersections received include:

o44m @ 26g/t Ag from surface (including 31m 30g/t Ag from 3m) in 26WCRC020.

o41m @ 23g/t Ag from 1m and ending in mineralisation in 26WCRC019.

o12m @ 15g/t Ag from 31m ending in mineralisation in 26WCRC025.

• Reverse circulation (RC) drill hole assays have extended a broad near-surface mineralisation zone

outside of the Elizabeth Hill mineral resource estimate (MRE) reported in April 2026.

• Exploration diamond drilling at Elizabeth Hill is progressing through the final planned holes, with further

assays expected to be progressively reported through July and Augu

Https://substack.com/home/post/p-201212718

Positive ✅

Exciting economics

For ultra High grade open pit

@ Elizabeth Hill :

Free Cash Flow :$250 Million

@ $86 dollar Silver AG ✔️

Https://stockhead.com.au/stockhead-tv/long-shortz/long-shortz-with-west-coast-silver-wce-flying-high-at-elizabeth-hill/

Latest interview ✔️

Oversubscribed $7.5 Million Placement

Funding boosted for Munni Munni PGE-Cu-Ni and

Whundo Cu-Zn-Au Projects in West Pilbara, WA

Highlights

• GreenTech Metals has received firm commitments to raise a total of $7.5 million (before costs)

via a Placement at $0.075 (7.5 cents) per share.

• The Placement was done at market (previous close price of $0.075 per share), an 11.1% discount

to the 5-day VWAP of $0.084 and a 10.3% discount to the 10-day VWAP of $0.083.

• The Placement will be completed in two tranches with approximately 50,000,000 shares to be

issued under Tranche 1 (Listing Rules 7.1 & 7.1A placement capacity), and the balance of

50,000,000 shares to be issued under Tranche 2 subject to shareholder approval.

• The Placement was strongly supported by existing and new institutional and professional

investors, including a cornerstone commitment from RCF Opportunities Fund II L.P., and several

recognised Australian resource focused funds. Total bids significantly exceeded the $7.5m

million raised.

• Following completion, GreenTech is well-funded to commence Phase II exploration and

development activities across the Munni Munni PGE-Cu-Ni and Whundo Cu-Zn-Au Projects in

the West Pilbara, WA.

#ASXNews

$GRE.AX is placed in a trading halt, pending an announcement relating to a proposed capital raising.

The halt will remain until the earlier of the commencement of normal trading on Tues 12 May 2026 or the release of the announcement to market.

Https://hotcopper.com.au/threads/ann-corporate-presentation.9100450/page-18

GreenTech presentation today

Starts 6 hr 36 min

Very good days results this week ✅

Munni Munni

Next week 👍

Oops

MRE ✅

For context this was

Great land Golds first MRE

Mine: The first Greatland Telfer MRE was delivered on 18 March 2025.

Resource: 3.2 million ounces (Moz) of gold

Solid base to get resource into double figures ✅

SPRING HAS SPRUNG ✅

Things should pick up from next week

Seasonality tells us that.

New tax year , rebalancing

All the bed & ISA’s - only available for UK stocks.

New ISA 20K limit , last one at this level

Timing good Re :

Munni Munni

Lizzy Hill

All to play for ✅

James Rattenbury, CEO at $GRE, was on site reviewing core from the recently completed maiden drill program at the #MunniMunni PGE-Copper-Nickel Project in WA.

12 holes were completed, and drill core from 16 historical drill holes was selected for sampling.

The first results from initial batches are expected in April.

In latest interview Bruce said

He was hoping to produce

MRE via consultants in Q3

Foot to the floor

Pedal to the metal ✅

🦶🏿

17% institutions invested

Including 1 million

In Eric Sprott ETF

More than bla bla ✅✅✅