Member Info for Max111

Just not a good day to release silver news. First Majestic down currently over 6.5%! SILJ down 5.5%.
Typical move just before silver Options Expiry tomorrow.

@Wents, when Bill came back from Mexico, he said he saw some "fantastic core" from San Celso. The Mexico projects are being marketed by IBK Capital. High-grade primary silver deposits are rare. Lets see

@smiller, this is why it was a great move by Bill & BOD to push ahead with the Mexico projects alongside Oz.
No lab delays in Mexico.

We should get the San Celso results very soon.
Bill said, "Results every 2-3weeks as we put batches in."
At 30:30mins - https://www.youtube.com/watch?v=OoWsoN7EWww&t=1830s

We finished drilling San Celso about 3 weeks ago now, so maybe RNS by Friday?

The tweet said, "First Head Frame" so sounds like they are using 2 head frames.

There are 2 shafts:
https://www.alienmetals.uk/wp-content/uploads/EHNewOldMap.png

Not long until we get it up & running and see inside
https://www.youtube.com/watch?v=GyQ4JB-p8fQ

The article said:
"Accessing the existing infrastructure will offer multiple benefits, Brodie Good said, from accessing unmined areas of the orebody, to enabling an opportunity to update the resource directly from underground."

No decision to mine has been made yet, but Bill did state in the interview when they announced Elizabeth Hill Silver Mine set to be re-opened that the original mining team will get the mine "up and running again".

The article it stated:
"They shut it down in two days, which is amazing. They pulled their people out, stripped out anything with any value, and put a lid on it."
Great thing is the "dewatering system was left in place".
https://www.mining-journal.com/copper-news/news/1423600/alien-moving-towards-pilbara-silver-production

Bill hasn't commissioned the original mining team to get the mine up & running asap for no reason IMO.

In the last presentation Bill was saying it's very easy to dig a hole and extract a lot of silver out cheaply. I guess it just depends on permitting. Since Elizabeth Hill is already a mining lease, should be easy to permit.

@smiller, as great as Hanc0ck is, it's a "a foot in the door" to unlocking the enormous potential at EH & Munni Munni.
Great article:
https://www.mining-journal.com/copper-news/news/1423600/alien-moving-towards-pilbara-silver-production

@smiller, don't forget that they are now getting a much better handle on the silver ore body and where the native silver is.
The nuggets fetch for much higher prices than their silver weight, especially now as collectors pieces since they are so rare.
Easy method for capital release for investors.

First Head Frame erected over vent shaft, Elizabeth Hill. #UFO
https://twitter.com/AlienMetals/status/1518536544474353666

Good article in UK Investor Magazine:

Alien Metals hits high-grade silver at Elizabeth Hill project
https://ukinvestormagazine.co.uk/alien-metals-hits-high-grade-silver-at-elizabeth-hill-project/

Well regarding silver, when comparing to all of 2021 TSX intercepts, UFO just announced what would be the 4th best silver intercept plus also potential repeat of the Elizabeth Hill deposit.
Plan now is for the team to start drilling from within the mine ASAP and drill across & down (since it's cheaper than drilling from surface).

I think people are really missing the battery metals potential at EH/Munni Munni and just focusing on the silver.

Remember in the IG interview Bill mentioned that large volumes of nickel, copper & cobalt might become even more significant than the PGMs that have an in situ value of over US$5bn!
At 15mins - https://www.youtube.com/watch?v=vzuTpUMw6no&t=900s

Alien Metals Ltd. said Monday that further test results confirmed the exceptionally high-grade of mineralization at the Elizabeth Hill Silver Project in Australia.

The London-listed miner also said that it was encouraging to see the presence of wide intersections of base metals in the final batch of test results.

Alien said that planning for follow-up drilling was underway to further test the mineralization at the project.

"This may present as significant, base-metals volcanogenic massive sulphide-style target. The company is currently working with our technical consultants to gain a better understanding of this target ahead of a follow-up exploration program," Chief Executive Bill Brodie Good said.
https://www.marketwatch.com/story/alien-metals-says-tests-confirm-high-grade-silver-at-australian-project-271650873889

https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/56b1acaa-8f51-2716-e9ed-4a0e5c0db2be/AlienMetals_25_4_2022_FINAL_BG.pdf

Alien Metals reports further high-grade silver results from Elizabeth Hill project
https://www.proactiveinvestors.com.au/companies/news/980377/alien-metals-reports-further-high-grade-silver-results-from-elizabeth-hill-project-980377.html

Yes Metalhead, that was a huge world-class intercept.
Also hole 2, which was drilled on the south of the orebody, is significant as it encountered high-grade mineralisation at 108m which represents a repetition of the Elizabeth Hill silver orebody!
Plus the battery metals potential is enormous. Lower grade, but massive volume. At current prices it's all getting mined.

This is the price you pay for being out the market myavian. Haha

@myavian, what were you saying about no RNS this week??? Haha

Further high-grade Silver and Base Metals mineralisation intersected at Elizabeth Hill
https://www.rns-pdf.londonstockexchange.com/rns/1290J_1-2022-4-24.pdf