RE: Hanc0ck is going to be a gamechanger11 Nov 2021 11:04
Today....
https://www.investegate.co.uk/alien-metals-limited--ufo-/rns/drilling-recommences-at-han****-iron-ore-project/202111110700030209S/
Alien's technical team planning to potentially upgrade a portion of the Inferred resource to the Indicated category at the Ridge C and E deposits
· Reverse Circulation programme designed to also test extension mineralisation on the existing ridges as well as untested ridges to the south
· In addition to the RC drilling, a diamond drill rig is planned to drill up to 650m in 7 holes, to further support MRE confidence levels, as well as to provide material for early metallurgical and commutation testing as part of ongoing mining studies
· Hand held XRF readings expected in the coming weeks from 60+ rock chip samples collected during recent field reconnaissance programme
Bill Brodie Good, Chief Executive Officer & Technical Director of Alien Metals, commented:
"Following on from our initial maiden JORC resource and positive scoping study work, we are delighted to be going back out into the field at Han**** to undertake this important infill drilling at the Western Ridges orebodies. Additionally, we will also undertake new exploration drilling to commence our expansion of the resource potential of the project. Having Three Rivers Drilling back to do the RC drilling is very positive, and we are excited to carry out diamond core drilling as well, both from the resource update and mining study development perspective.
"This work will develop alongside Lloyd Edmunds' operational development work (see announcement dated 19 October 2021) and the Company is excited to continue to push this significant project forward."