PERTH - Alien Metals Ltd (AIM:UFO) has announced that its joint venture partner Errawarra Resources Ltd (ASX:ERW) is nearing the commencement of a maiden drill program at the Elizabeth Hill Silver Project in Western Australia. The program, anticipated to start within the next four to six weeks, is aimed at exploring extensions of the high-grade historical silver deposit.
Errawarra Resources has been finalizing high-priority drill targets, with contract discussions for drilling services in the advanced stages. The award of the drilling contract is expected soon, and drilling is set to follow shareholder approval for the joint venture, which is scheduled for a vote on May 19, 2025.
In preparation for drilling, ongoing soil sampling and geological mapping are being conducted to refine the geological model and enhance the understanding of the mineralization controls within the 180 square kilometer land package. Initial soil samples have been sent for assay, with results expected in five to six weeks.
The project’s advancement also includes a site visit by Errawarra’s geological consulting partner, ERM, planned shortly after the Easter period to validate drill targets and supervise fieldwork. This step is part of the quality assurance for the upcoming drilling campaign.
Additionally, efforts are being made to convert the historical Elizabeth Hill resource to comply with the JORC 2012 Code. This resource conversion process involves validating past data and integrating the latest geological interpretations.
Alien Metals, with its focus on profitable mining operations, including the Hancock iron ore project, has entered the joint venture with Errawarra to develop the Elizabeth Hill Silver Project. The project is located near Karratha in the Pilbara region, which is known for its rich mining history.
This news comes as part of the company’s broader strategy to capitalize on the Pilbara region’s resource potential, with the Hancock iron ore project already boasting a JORC-compliant resource and direct access to key export infrastructure.
The information in this article is based on a press release statement from Alien Metals Limited.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.