RE: Elizabeth Hill24 Oct 2021 23:47
Alien acquired a substantial new exploration licence Munni Munni North ELA 47/4422 that surrounds the Elizabeth Hill Silver project.
Munni Munni North is a 117km2 tenement which wraps around the Elizabeth Hill mine on all sides including a large part of the Munni Munni intrusive complex to the south and southwest. The highly prospective Munni Munni fault strikes north south through the tenement and into the Elizabeth Hill ML on which the Elizabeth Hill deposit is associated with. This structure also appears to be associated with the Munni Munni East prospect and remains to be fully tested for further significant mineralisation which the Company is looking forward to doing.
The geology of ELA 47/4422 partly covers areas of the lower part of the Munni Munni Intrusive Complex, at the contact of a basalt and ultramafic sequence hosted within two distinct gneisses, the Archean Nallana Formation and granitoid country rocks. The Munni Munni Complex is exposed over a surface area of 8 km by 14 km and has a stratigraphic thickness of over five kilometres. Aeromagnetic and gravity data indicate that the complex continues a further 16 km to the southwest beneath a cover of Proterozoic sediments.
The license includes the southern extension of the highly prospective fault structures associated with the intrusion, including the Munni Munni fault which controls the mineralisation of the Munni Munni Platinum Group Elements (PGE) project (2.1moz PGE) itself and is related to the Elizabeth Hill Silver Mine mineralisation as well.
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