14 May 2024
Trading Symbols
AIM:UFO
FWB:I3A1
Alien Metals Ltd
("Alien Metals" or "the Company")
Appointment of Experienced Mine Developer to
Advance Hancock Iron Ore Project
Alien Metals (AIM: UFO), a
company focused on the exploration and development of the Hancock
iron ore Project ("Hancock
Project") and the Pinderi Hills project in Western
Australia, is pleased to welcome accomplished mine developer,
Nathan Douglas, as General Manager of Operations.
Overview
As part of the execution strategy, the Company has
appointed the highly experienced mine operator and developer,
Nathan Douglas to bolster the project and technical team. Nathan
will be supported by the Company's advisory board consisting of
mining industry experts, including former Alien Metals
Non-Executive Chairman Alwyn Vorster (formerly Managing Director of
BCI Minerals Ltd as well as previously holding a senior management
role at Rio Tinto), to guide the Company on the various strategic
options currently available to Alien Metals.
· Nathan is an
accomplished mine developer and C-suite manager with over
25 years of experience in the exploration, mining,
and construction industries. Notably, Nathan has held senior
executive and management roles for the past 12 years, including CEO
of a major West Australian industrial mineral company, Leichardt
Industrials Group, and Operational Manager at BCI Minerals Limited
(Iron Ore) and Dampier Salt Limited (Rio Tinto).
· Nathan has
proven results in large-scale acquisitions, delivery of feasibility
studies including environmental, native title, government approvals
and operational management, including technical and engineering of
both green and brownfield projects.
This appointment follows the recent key additions to
the Alien Metals team, including:
· Technical
Director, Mr. Rob Mosig, to the Board as a Non-Executive Director,
who brings significant expertise in exploration, development, and
strategic partnering and direct experience on the Company's PGM and
base metals project in the West Pilbara region.
· The
Company strengthened its exploration iron ore team with the
appointment of an iron ore expert from global mining consulting
firm CSA Global (now ERM). CSA Global has leading iron ore
exploration and development expertise, and recently played an
important role in Fenix Resources Ltd's (ASX: FEX) transformation
from an iron ore explorer to a producer within 18 months.
Guy Robertson,
Executive Director, commented:
"The appointment of
Nathan Douglas as General Manager of Operations is
a welcome addition to the team at this key juncture when Alien
Metals is focused on progressing the development of the Hancock
iron ore project and unlocking the value of the Pinderi Hills
PGM-Ni-Cu projects.
"We identified Nathan due to his
expertise across the mining project development lifecycle, with
particular experience in mine development in iron ore, and we look
forward to his support in building long-term value for our
shareholders."
For further information please visit
the Company's website at www.alienmetals.uk
or contact:
Strand Hanson (Financial and
Nominated Adviser)
James Harris / James Dance / Robert
Collins Tel: +44 (0) 207409 3494
WH Ireland Ltd (Broker)
Harry Ansell / Katy
Mitchell Tel: +44 (0) 207 220 1666
Yellow Jersey (Financial
PR)
Charles Goodwin / Shivantha
Thambirajah / Zara McKinlay Tel: +44 (0) 20 3004
9512
Notes to
Editors
Alien Metals Ltd is a mining exploration and
development company listed on the AIM market of the London Stock
Exchange (AIM: UFO). The Company's focus is on delivering a
profitable direct shipping iron ore operation from it 90% Hancock
iron ore project in the central Pilbara region of Western
Australia. The Hancock tenements currently
contain a JORC-compliant resource of
8.4Mt iron ore @ 60% Fe and offers significant exploration upside
which is targeted to deliver a mining operation of 2Mtpa for 10
years.
These tenements have direct access to the Great Northern Highway, which
provides an essential export route to export facilities at Port
Hedland, from where more than 500Mt of iron ore is exported
annually (30% of global production). The Company also
has an interest in two iron ore exploration projects Brockman and
Vivash, located in the West Pilbara.
The Company owns the Elizabeth Hill
Silver Project, located near Karratha in the Pilbara, which
consists of the Elizabeth Hill Mining Lease and exploration
tenements surrounding the historical silver mine
which has produced some of Australia's
highest-grade silver ore during the late 1990's. The Company also owns one of Australia's largest PGM
deposits, Munni Munni which hosts a deposit containing a historic
resource of 2.2Moz PGM (Palladium, Platinum, Gold, and
Rhodium).