Nueva andromeda permit16 Sep 2020 14:23
The Nueva Andromeda tenement is a significant addition to the San Celso project as it contains the main strike length of the mineralised Andromeda vein, which has already been identified in the current project area. From previous field work Alien has already noted further historic mining along this vein. The acquisition of Nueva Andromeda will increase the high grade silver mineralised strike length from 2,500m to at least 3,000m, therefore Alien believes that this addition will greatly enhance the economic prospectivity of the project.
Further adjacent vacant ground around the San Celso project is also being applied for directly by Alien through the normal processes at the Ministry of Mines in Mexico and updates will be provided as news becomes available.
Alien is also continuing discussions with a range of parties regarding potential joint venture opportunities; however, no binding agreements have been reached to date