REG - Alien Metals Limited - Experienced Mining Team To Advance Hancock

Alien MetalsAnnouncement

09/04/2025 11:15

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RNS Number : 3275E  Alien Metals Limited  09 April 2025

 

 

Trading Symbols

AIM: UFO FWB: I3A1

 

9 April 2025

Alien Metals Limited

 

("Alien" or the "Company")

 

Experienced Mining Team Appointed to Advance Hancock Iron Ore Project

 

Alien Metals Limited (AIM: UFO), a minerals exploration and development
company, is pleased to announce the appointment of a highly experienced mining
executive to enhance the Company's leadership team as it advances the
development of its portfolio of projects. This appointment underscores Alien
Metals' commitment to expediting and developing its various projects in
Western Australia and delivering value to shareholders.

 

Appointment of General Manager Project Development

 

The Company is pleased to appoint Mr. Christopher Maiolo as General Manager
Project Development, effective immediately. Christopher brings over 15
years of mining and construction experience across Australia, with a
proven track record in project management, development, and execution across
multiple commodities and industries, including iron
ore. Notably, Christopher has previously worked in the Pilbara delivering
projects for some of WA's major iron ore exporters and has a proven history of
delivering complex projects in remote areas. Christopher holds a Bachelor
of Engineering (Civil) (First Class Honours) from the University of South
Australia and postgraduate qualifications in project management.

 

In his role as General Manager Project Development, Christopher will oversee
the advancement of all Alien Metals' key assets, including the Hancock Iron
Ore Project, Brockman and the Vivash deposits in Western Australia. Working
alongside Alien's technical teams and strategic advisers, he will be
responsible for ensuring optimal development strategies are pursued and
implemented across the Company's iron ore portfolio.

 

Strategic Project Workstreams and Ongoing Sternship Corporate Advisory Role

 

As part of his appointment, Christopher will undertake a review of the various
strategic alternatives which have been mapped out for these assets, including
the development status of Hancock and the development pathways for Brockman
and Vivash.

 

A team of experienced mining engineers and geologists have now been engaged
with extensive mine-building expertise, including major iron ore project
development experience with the major Hamersley iron ore companies. The team
will work with Christopher to confirm the optimum pathway to moving these
assets forward to development.

 

Alien Metals continues to work closely with Sternship Advisers, a leading
Perth-based corporate advisory firm, to assess ongoing M&A and JV interest
in relation to the Hancock Iron Ore Project. Sternship's appointment was
announced on 19 March 2025, and they remain actively engaged in facilitating
potential transactions that can accelerate development and unlock value for
shareholders.

 

Guy Robertson, Executive Chairman, commented:

 

"We are excited to welcome Christopher to Alien Metals at this pivotal time
for the Company. Christopher's extensive expertise in project delivery
and working closely with our strategic advisors specialising in iron ore
will be invaluable as we accelerate the development of our assets and build on
the substantial amount of work that has been completed to date on Hancock.
This appointment reflects our commitment to assembling a world-class team to
unlock the full potential of our portfolio."

 

For further information, please visit the Company's website at
www.alienmetals.uk (https://www.alienmetals.uk/) or contact:

Strand Hanson (Financial and Nominated Adviser)

James Harris / James Dance / Robert Collins

Tel: +44 (0) 207 409 3494

 

Zeus Capital Limited (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 203 829 5000

 

CMC Markets (Joint Broker)

Douglas Crippen

Tel: +44 (0) 203 003 8632

 

Yellow Jersey (Financial PR)

Charles Goodwin / Shivantha Thambirajah / Zara McKinlay

Tel: +44 (0) 203 004 9512

 

Notes to Editors

Alien Metals Limited 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 Hancock Project 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).

 

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