Share Talk X post2 Sep 2025 07:48
@AlienMetals (AIM #UFO) has reported that its joint venture partner, @wcsilver_ (ASX $WCE), has restarted intensive exploration at the Elizabeth Hill Silver Project, where Alien maintains a 30% free-carried interest.
The move comes on the back of WCE’s inaugural drilling programme, which returned impressive results, including high-grade shallow silver intercepts of 1,615 g/t over 13 metres in drillhole 25WCDD011, with a standout 2 metres at 10,049 g/t. Following these results, WCE completed a A$6 million placement to fund the next phase of work.
Phase 2 exploration is now underway, beginning with mapping of near-mine targets ahead of drilling that is expected to commence in around six weeks’ time. At the same time, preliminary discussions have begun with Artemis Resources regarding the condition assessments of its Radio Hill processing plant, which may serve as a potential facility for processing Elizabeth Hill material.
https://x.com/share_talk/status/1962768742263222594?s=46&t=_zLFZqu8agi3R9q2JHbcGg