Alien Metals Limited Miscellaneous Licence granted (5825O)
04 Octobre 2023 - 8:00AM
UK Regulatory
TIDMUFO
RNS Number : 5825O
Alien Metals Limited
04 October 2023
Trading Symbols
AIM: UFO
FWB: I3A1
4 October 2023
Alien Metals Ltd
("Alien" or "the Company")
Miscellaneous Licence granted and access secured for Hancock
Project
Alien Metals Ltd (AIM: UFO), a minerals exploration and
development company, is pleased to announce that following the
execution of the Heritage Agreements ("HPAs") with the Karlka
Nyiyaparli Aboriginal Corporation RNTBC ("KNAC"), KNAC has
withdrawn its objection to the application for a Miscellaneous
Licence by Iron Ore Company of Australia ("IOCA") and the Western
Australian Department of Mines, Industry Regulation and Safety
("DMIRS") has now granted the Miscellaneous Licence associated with
its 90% owned Hancock Iron Ore Project ("Hancock Project"), in the
Pilbara Region, Western Australia.
Highlights:
-- IOCA's application for a Miscellaneous Licence from the Great
Northern Highway to the proposed Hancock Project Mine Site has been
approved by DMIRS.
-- The Miscellaneous Licence provides the Company necessary
tenure to construct the essential infrastructure (subject to FID)
for site access from the Great Northern Highway to the proposed
mine site.
-- The proposed infrastructure will include the construction of
an intersection at the Great Northern Highway and an access track
into the mine site.
Troy Whittaker, Chief Executive Officer commented :
"The granting of the Miscellaneous Licence is an important
milestone for the Company. It is a milestone that significantly
de-risks the Hancock Project execution. Consent for the
miscellaneous licence not only provides us with an essential
approval, but also grants us the critical land tenure that secures
unconstrained access to the mine site."
Further Information
Figure 1: Location of the Company's Iron Ore Projects, Western
Australia
Figure 2: Granted Miscellaneous Licence
For further information please visit the Company's website at
www.alienmetals.uk or contact:
Beaumont Cornish Limited (Nomad)
James Biddle / Roland Cornish Tel: +44 (0) 207 628 3396
WH Ireland Ltd
Harry Ansell / Katy Mitchell Tel +44 (0) 207 220 1666
BlytheRay (Financial PR)
Tim Blythe / Megan Ray / Said Izagaren Tel: +44 (0) 20 7138 3204
Market Abuse Regulation (MAR) Disclosure
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
Notes to Editors:
Alien Metals Ltd is a mineral exploration and development
Company listed on the AIM market of the London Stock Exchange (LSE:
UFO). The Company's focus is on delivering a near term direct
shipping iron ore operation at the Hancock Project in the Pilbara
region of Western Australia.
In 2019, the Company acquired 51% of the Brockman and Hancock
Ranges high-grade (Direct Shipping Ore) iron ore projects and in
December 2022 moved to 90% legal and beneficial ownership. In May
2023, the Company also acquired 100% of Mallina Exploration Pty Ltd
and with it, the Western Hancock Tenement. The new tenement adjoins
the Company's existing Hancock tenement, giving the entire Hancock
project direct access to the Great Northern Highway.
The Company also acquired 100% of the Vivash Gorge Iron Ore
project in the west Pilbara in July 2022.
The Company owns 100% of the Elizabeth Hill Silver Project,
which consists of the Elizabeth Hill Historic Mining Lease and the
115km(2) exploration tenement around the mine.
In March 2022 the Company acquired 100% of the former joint
venture interest in the broader Pinderi Hills tenement group in the
West Pilbara, Western Australia. This includes the Munni Munni
Platinum Group Metals Project, one of Australia's major
underexplored PGE and base metals projects. Munni Munni holds a
historic deposit containing 2.2Moz 4E PGM: Palladium, Platinum,
Gold, Rhodium. The Pinderi hills tenement group also has
significant Nickel and Copper prospectivity.
The Company also holds silver, copper and base metal projects in
Mexico, however is currently looking at the best way to divest
these for the benefit of shareholders.
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