Alien Metals Limited (LSE:UFO) has revealed a promising new exploration target at its Hancock Iron Ore Project, estimating up to 27 million tonnes of high-quality iron ore grading 62% Fe. This target, supported by recent geological mapping and sampling efforts, significantly enhances the project’s value amid strong global demand for premium-grade iron ore.
In addition, Alien Metals has secured an Access Agreement with BHP, enabling further exploration and development activities across its tenements. These strategic moves reinforce Alien Metals’ position in the competitive Pilbara region, a key hub for iron ore production.
About Alien Metals Limited
Alien Metals is a minerals exploration and development company specializing in high-grade iron ore assets. With a primary focus on the Pilbara region of Western Australia, the company aims to advance its portfolio of iron ore projects to capitalize on the sustained global appetite for quality iron ore.
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