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PERTH - Alien Metals Limited (AIM:UFO) announced Tuesday that its joint venture partner, West Coast Silver Limited (ASX:WCE), has reported significant silver assays from recent sampling at the Elizabeth Hill Silver Project in Western Australia’s Pilbara region.
Rock chip and float sampling returned silver values up to 490 g/t, along with elevated copper readings of up to 0.42% and gold values reaching 0.19 g/t. The high-grade samples were collected from areas extending approximately 500 meters north and 200 meters south of the historic Elizabeth Hill silver mine.
Alien Metals retains a 30% free-carried interest in the project through to a decision to mine, with West Coast Silver operating the venture.
The sampling program involved 115 rock chip samples, with multiple specimens showing significant mineralization. Notable results included sample 25EW06-062 with 490 g/t silver, sample 25EW06-057 with 316 g/t silver, and sample 25EW06-025 with 179 g/t silver and 0.42% copper.
"These latest assay results continue to validate the outstanding exploration potential at Elizabeth Hill," said Robert Mosig, Technical Director, in the press release statement.
Follow-up trenching and sampling work has commenced at the site, with a comprehensive exploration targeting study nearing completion. West Coast Silver is also developing plans for follow-on drilling campaigns.
The Elizabeth Hill project has a production history, with 1.2 million ounces of silver previously produced from 16,830 tonnes of ore at a head grade of 2,194 g/t silver. The previous mining operation ceased in 2000 due to low silver prices and a joint venture dispute.
In a separate development, West Coast Silver has terminated its lithium joint venture with Alien Metals at Pinderi Hills to focus on its core silver exploration strategy, leaving Alien with 100% ownership of the lithium-prospective ground.
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