Alien Metals Ltd - Australia-focused minerals exploration and development company - Touts find of high grade ship ore at Hancock iron ore project in the Pilbara region of Western Australia. Says 13 diamond core holes were drilled in the second quarter of 2023 for a total of 1,049 metres at its Sirius deposit. Significant results from the final tranche of assays include 60.9% iron from 1 metre including high-grade intercepts of 40 metres at 61.5% iron from 13 metres from drill hole 23IHD013. Chief Executive Officer Troy Whittaker says: ‘These significant results continue to showcase the abundant potential we have at our Hancock project. The results demonstrate high-grade, direct ship ore at substantial intersections which continue to underpin further confidence in the resource.’

Current stock price: 0.18 pence, closed 4.6% lower on Thursday in London

12-month change: down 67%

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