Key assets and strategy moving forward23 Sep 2020 20:03
Alien Metals Limited
Moving in the right direction
Alien Metals (UFO.L) is an exploration and development company with a diversified
portfolio of assets including base metals, silver and iron ore projects in top mining
jurisdictions. The Company has recently changed its board and strategy, now focusing on
acquisitions of quality assets in Tier 1 jurisdictions led by a strong technical team. Assets
include the Brockman and Han**** Ranges, both high-grade iron ore projects and the highgrade Elizabeth Hill silver mine in the Pilbara region of Western Australia. In addition, Alien
continues to progress its portfolio of silver and base metal projects in Mexico by identifying
priority exploration targets within its 12 mining concessions. These projects are located in
Zacatecas, Mexico’s largest silver producing state having produced over 190Moz in 2018 and
accounting for 45% of the total silver production of Mexico for that year.
Alien’s management continues to review new project opportunities as well as advancing various discussion concerning
potential joint venture of farm-in agreements in both Mexico and in Australia.