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On 30 June 2026, Alien Metals Limited noted its joint venture partner, West Coast Silver Limited, commenced an extensive geophysical survey program at the Elizabeth Hill Silver Project. The program covers approximately 4 km of the Munni Munni Fault Zone, and West Coast Silver received an A$114,312 grant covering 50% of the ground geophysical program's cost. Alien Metals holds a 30% interest in the Elizabeth Hill Silver Project and 30.5 million shares in West Coast Silver, representing an approximate 8.7% interest.
| Date | 30 Jun 2026 |
| Time | 07:00:06 |
| Category | Miscellaneous |
| ID | 1717K |
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (596/2014/EU) AS THE SAME HAS BEEN RETAINED IN UK LAW AS AMENDED BY THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
30 June 2026
Alien Metals Limited
("Alien" or the "Company")
District-Scale Geophysics Program Commences at Elizabeth Hill Silver Project
Alien Metals Limited (AIM: UFO), a minerals exploration and development company, notes the release of an announcement from its joint venture partner at the Elizabeth Hill Silver Project ("Elizabeth Hill"), West Coast Silver Limited ("West Coast Silver") (ASX: WCE). The announcement outlines the beginning of a geophysical survey campaign at Elizabeth Hill. The program is designed to test approximately 4 km of the Munni Munni Fault Zone for potential repeats of the high-grade Elizabeth Hill silver system, which historically produced 1.2 Moz of silver at a head grade of 2,194 g/t Ag.
Key Highlights:
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Extensive Induced Polarization ("IP") and Controlled-Source Audio-frequency Magneto-Tellurics ("CSAMT") geophysical survey program commencing over approximately 4 km of strike of the Munni Munni Fault Zone ("MMFZ"), targeting potential repeats of the high-grade Elizabeth Hill silver system, which historically produced 1.2 Moz of silver at a head grade of 2,194 g/t Ag.
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Planned geophysical work follows successful IP testing at the Elizabeth Hill Mine, where surveying identified a chargeability response coincident with the known Elizabeth Hill mineralised envelope, supporting IP as an effective tool for silver and base metal exploration.
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West Coast Silver has successfully applied for and received a A$114,312 grant from the Western Australian Exploration Incentive Scheme co-funded geophysics program, covering 50% of the cost of the ground geophysical program.
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The geophysical surveys cover numerous target areas delineated from surface mapping, soil geochemistry, structural analysis, and drone magnetic surveying (see West Coast Silver ASX releases dated 2 September 2025 and 12 March 2026).
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Contract signed with Southern Geoscience Consultants and Zonge Engineering & Research Organisation to commence as soon as field crews are available.
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Any anomalies detected by the Q3 2026 geophysical surveys may be prioritised for follow-up in late Q3 and Q4 as part of West Coast Silver's initiative to define additional stand-alone Elizabeth Hill silver 'pearls' along the MMFZ.
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Diamond drilling continues to test the Elizabeth Hill Mine for extensions to, and infill of, the April 2026 Elizabeth Hill Mineral Resource Estimate ("MRE"), with economic studies of near-surface mineralisation progressing towards a Scoping Study. |
Alien holds a 30% interest in Elizabeth Hill and holds 30.5 million shares in West Coast Silver (representing an approximate 8.7% interest in the issued share capital of West Coast Silver).
The full West Coast Silver announcement is available at: http://www.rns-pdf.londonstockexchange.com/rns/1717K_1-2026-6-29.pdf
For further information, please visit the Company's website at www.alienmetals.uk or contact:
Alien Metals Limited
Bruce Garlick
Email: [email protected]
Strand Hanson (Financial and Nominated Adviser)
James Harris / James Dance / Edward Foulkes
Tel: +44 (0) 207 409 3494
Andy Thacker / Guy McDougall
Tel: +44 (0) 203 657 0050
Tim Metcalfe / Graham Herring / Zach Cohen
Tel: +44 (0) 203 934 6632
Notes to Editors
Alien Metals Ltd is a mining exploration and development company quoted on the AIM market of the London Stock Exchange (AIM: UFO). The Company follows a balanced strategy focused on advancing and strengthening its asset portfolio through targeted technical work and project development, while evaluating partnerships, joint ventures, and selective monetisation opportunities to enhance shareholder value. At the same time, Alien will continue to consider opportunities to expand its asset base through carefully selected acquisition opportunities consistent with the Board's disciplined investment criteria.
Alien's principal focus is the advancement and development of its 90%-owned Hancock Iron Ore Project in the central Pilbara region of Western Australia. The Hancock tenements contain a JORC-compliant resource of 8.4Mt at 60% Fe and offer significant exploration upside, which is targeted to deliver a mining operation of 2Mtpa for 10 years. The Project benefits from direct access to the Great Northern Highway, providing a route to export facilities at Port Hedland, one of the world's largest iron ore export hubs. Alien also holds exploration interests in the Brockman and Vivash iron ore projects in the West Pilbara.
Alien additionally retains exposure to two advanced precious and base metal assets in the Pilbara. At Munni Munni, one of Australia's largest PGM systems hosting a historic resource of 2.2Moz PGM (palladium, platinum, and rhodium) and gold, the Company has completed its partial asset sale and joint venture transaction with GreenTech Metals Ltd under which Alien retains a 30% interest, free carried to completion of a bankable feasibility study at Munni Munni, and additionally holds 37.9 million shares in GreenTech Metals Ltd. Alien (via a wholly owned subsidiary) also retains a 30% interest in the Elizabeth Hill Silver Project through a joint venture with Crest, which encompasses the Elizabeth Hill Mining Lease M47/342, which has produced some of Australia's highest-grade silver ore during the late 1990s. Alien retains a 30% interest in the Elizabeth Hill Silver Project and additionally holds 30.5 million shares in West Coast Silver Limited, providing both direct project exposure and equity participation in ongoing development.
Competent Person's Statement
The information in this announcement that relates to Exploration Results is based on information reviewed by Mr Ian Stockton who is a Member of the Australian Institute of Geoscientists. Mr Stockton is a consultant to West Coast Silver and a full-time employee of ERM Australia Consultants Pty Ltd. Mr Stockton has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration, and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves', and a Specialist under the VALMIN Code 2015 Edition of the 'Australasian Code for Public Reporting of Technical Assessments and Valuations of Mineral Assets'. Mr Stockton consents to the inclusion in the announcement of the matters based on this information and in the form and context in which it appears.