UFO Identifies Priority Drill Targets
Alien Metals Ltd’s (AIM:UFO) technical team has successfully completed the follow-up detailed geological mapping and sampling programme at the company’s Hamersley Iron Ore Projects in Western Australia.
Detailed geological mapping and sampling has been completed over four of the five priority prospects targeted as part of the site visit.
Notably, field observations indicate that the BHP 19 and BHP 20 prospects may be part of same larger system
CEO Bill Brodie Good said the programme has been successful in validating previously announced Maiden Exploration Targets across both projects
Approximatel95 samples were taken across the projects, with assay results expected late October 2020, with final results assist with preparation of maiden drilling campaign
“The findings from the recently completed field programme are extremely pleasing and further validate the company’s exploration targets,” Mr Good said.
“The field work has expanded upon the previous site visit, with the validation of recent research and the potential increase in projected DSO mineralisation within both tenements.
“It should be noted that the field team advised how busy both areas were in terms of neighbouring companies working in the region which further encourages us to push on with both projects.
“The Company’s technical team is compiling and finalising the geological mapping across the Hamersley projects which will give us valuable information ahead of maiden drilling programmes.
With over 90 samples collected from only four prospects in a few days we are very encouraged and look forward to some excellent analytical results to complement the visible interpretations made by the team.
“We are already considering the follow up program to cover the 5th target not reached yet which in itself still has great potential.”
The two projects are within the Hamersley Province of Western Australia, known as one of the premier iron ore producing regions of the world. The Brockman Project (E47/3953) is located in the west Hamersley Province, 100 km northwest of the Rio Tinto iron ore mining town of Tom Price, and 90km west of the Tom Price to Dampier mine railway.
The Hancock Ranges Project (E47/3954) is located in the east Hamersley Province, 15km north of the BHP iron ore mining town of Newman, and 20km west of the Newman to Port Hedland mine railway.
Two of the priority prospects in the Brockman Project were covered by detailed traverses across and along strike of the prospects with over 50 samples taken and some more detailed mapping of the main units completed. Mr Good said initial interpretations are excellent with indications of the presence of a larger amount of the mineralised Brockman Iron Formation than originally thought.
