RE: I'd put my money on EH to send the sp skywards before Hanc0ck13 Feb 2022 12:55
I don't post much all week due to other commitments...prefer the weekends as it is quieter.
So another glance at the Mexico Rns if you didn't read it.
Bill Brodie Good, CEO & Technical Director of Alien Metals, commented: "We are extremely pleased to have all the statutory and local permits now in place for our three Mexico projects.
https://www.investegate.co.uk/alien-metals-limited--ufo-/rns/drilling-of-key-mexican-silver-assets-to-commence/202202100700022166B/
The in-country team has worked tirelessly in very difficult conditions to get to this point. Subsequently, we are very excited to commence the drilling programmes as soon as possible. I hope to be on site to witness the first drill hole and work with the local team to support a successful programme.
"By combining the three programmes into a single, larger programme, we will reduce the overall costs and complete the programme more quickly. The strong market dynamics for both silver and copper, coupled with the geological potential of these projects, provides Alien shareholders with very strong leverage to any drilling success, so we are keen to get the rods turning and generating results."
Alien has been granted all the necessary statutory and local permits to be legally able to commence drilling on its Donovan 2, Los Campos and San Celso permits.
The San Celso and Los Campos projects both contain historic, very high-grade, underground silver mines, dating back more than a century. Both present the classical high-grade narrow vein epithermal mineralisation associated with the regional mineralised systems of the metallogenic belt that Zacatecas straddles. A detailed grid drilling programme has been planned for both projects to enable resource calculations in the future while these initial drill programmes will be as originally planned based on initial wide spaced holes within the more detailed grids to identify initial mineralisation thickness, grade and continuation. This method means the Company can test both projects cost effectively as a first phase, to help next stage planning and targeting depending on the results, rather than only testing one of the two very prospective projects at the outset.