Alien Metals Commences Fieldwork at Elizabeth Hill Silver Project
Why we think this is neutral
This is a general update on the commencement of fieldwork at the Elizabeth Hill Silver Project, which does not contain any of the mandatory news types such as contract, order, trading update, financing, or annual results. As a result, the sentiment is assessed as neutral.
Key Points
- Errawarra Resources has mobilized its geological team to commence fieldwork at the Elizabeth Hill Silver Project
- The fieldwork will focus on identifying and prioritizing silver targets for an upcoming drill programme
- Activities include reviewing historical drill core, conducting soil sampling, and mapping and prospecting work
- The Elizabeth Hill project has a proven production history of high-grade silver ore
Summary
Alien Metals Limited (AIM: UFO) has announced that its joint venture partner, Errawarra Resources Ltd (ASX: ERW), has commenced fieldwork at the Elizabeth Hill Silver Project in the Pilbara region of Western Australia. The exploration team will focus on identifying and prioritizing silver targets for an upcoming drill programme. This includes reviewing historical drill core, conducting soil sampling, and mapping and prospecting work. The Elizabeth Hill project has a proven production history, with high-grade silver ore previously mined from the site.