Errawarra Resources updates on Elizabeth Hill project

Published 29/04/2025, 10:46
Errawarra Resources updates on Elizabeth Hill project

LONDON - Alien Metals Limited (AIM:UFO) has announced that its joint venture partner, Errawarra Resources Ltd (ASX:ERW), has released its Quarterly Activities Report for the period ending March 31, 2025. The report includes a non-material update on the Elizabeth Hill project.

The Elizabeth Hill project, part of a joint venture with Errawarra Resources, is situated near Karratha in the Pilbara region. It encompasses the Elizabeth Hill Mining Lease and surrounding exploration tenements. The historical silver mine associated with the project was known for producing some of Australia’s highest-grade silver ore in the late 1990s.

Alien Metals, focusing on its 90% owned Hancock iron ore project in central Pilbara, Western Australia, is aiming to establish a profitable direct shipping iron ore operation. The Hancock Project’s tenements, with a JORC-compliant resource of 8.4 million tonnes at 60% iron ore, are strategically located with direct access to the Great Northern Highway, which leads to the export facilities at Port Hedland. Port Hedland is a significant hub, exporting over 500 million tonnes of iron ore annually, accounting for 30% of the global production.

Additionally, Alien Metals holds interests in two other iron ore exploration projects, Brockman and Vivash, in West Pilbara, and owns one of Australia’s largest PGM deposits at Munni Munni, which contains a historic resource of 2.2 million ounces of PGM (Palladium, Platinum, Gold, and Rhodium).

The details of the Quarterly Activities Report by Errawarra Resources are accessible to the public and provide insights into the progress and developments of the Elizabeth Hill project and other activities.

This news is based on a press release statement from Alien Metals Limited and does not include any promotional content or subjective assessment. The company’s shares are publicly traded on the AIM market of the London Stock Exchange (LON:LSEG) under the ticker UFO.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.