Alien Metals Ord Shs ASLRF

Metals & Mining Industrial Metals & Minerals

Alien Metals Ltd is a United Kingdom-based mining exploration and development. The principal activity of the Company and its subsidiaries is the exploration and development of mineral resource assets. It holds a collection of projects within its portfolio, spearheaded by its Hancock DSO (direct shipping ore) iron ore project in which it has a 90% holding, through its 100% owned subsidiary the Iron Ore Company of Australia (IOCA). In addition to this, the IOCA portfolio consists of the Brockman (90%) and Vivash Gorge (100%) iron ore projects both surrounded by tier 1 tenements owned by mining corporates, such as Rio Tinto and FMG. Its Hancock Iron Ore Project is within 20 kilometres (km) of the established regional mining hub of Newman. Its Elizabeth Hill Silver Project is situated approximately 45 km south of Karratha in the Achaean Pilbara Block of the Pilbara Craton. The Munni Munni Project hosts significant PGE mineralization. This includes palladium, platinum, gold, and rhodium.

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Alien Metals Ord Shs

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Comment by blackbaton May 10, 2011 1:41am

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Post# 18552102

RE: Food for thought - Ag/Au ratio

@Sunjammer: do you really believe that the resorce update this summer will double the resources from now 45M to around 100M, like you have assumed in some posts before? What makes you so confident? What if they can upgrade the resources only to for example 20% (to about 55M)?

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