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PERTH - Alien Metals Ltd (AIM:UFO), a minerals exploration and development company, has initiated its first major drilling operation at the Elizabeth Hill Silver Project through its joint venture with West Coast Silver Limited (ASX:WCE), targeting high-grade silver mineralisation in the Pilbara region of Western Australia. The mobilisation of drilling contractor West Core Drilling Pty Ltd is set to commence over the weekend, with drilling operations to follow soon after.
The program aims to explore extensions and down-plunge targets of the known mineralisation at Elizabeth Hill, which has been one of Australia’s highest-grade silver mines historically. The use of portable X-ray Fluorescence (pXRF) technology on-site is expected to provide immediate elemental data to guide drilling decisions.
Guy Robertson, Executive Chairman of Alien Metals, expressed optimism about the drilling campaign’s potential to uncover significant silver deposits and its alignment with the company’s strategy to advance the Project with minimal shareholder dilution.
Elizabeth Hill’s history includes the production of 1.2 million ounces of silver from approximately 16,830 tonnes of ore at a high grade of 2,194g/t. The mine’s operations were halted in 2000 due to low silver prices and a joint venture dispute, leaving the site’s potential largely untapped. The upcoming drilling campaign marks a renewed effort to explore this potential further.
The Project is situated in a tier-1 mining jurisdiction on a mining lease with adjacent processing facilities at Radio Hill, offering a strategic advantage for future operations.
This drilling campaign represents a significant step for Alien Metals in its efforts to capitalize on the historic high-grade silver mine and offers a glimpse into the possible future expansion and understanding of the Elizabeth Hill mineralised envelope. This information is based on a press release statement from Alien Metals Limited.
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