LSE:UFO
AIM All-Share
Alien Metals Ltd
Precious Metals and Mining
0.12p 0p 0.00% (as of close on 12/6/26)
| Market cap (m) | £14.1 |
| Enterprise value (m) | £13.0 |
Alien Metals Ltd is a mining exploration and development company. The principal activity of the company is to create and develop a multi-commodity portfolio of exploration and mining projects in jurisdictions with established mining communities, stable political backgrounds, and where operational controls can be assured. The company focuses on iron ore, silver, nickel, copper, and PGM mineral resource exploration. Its projects include Brockman Iron, Hancock Ranges, Vivash Gorge, Elizabeth Hill, and the Munni Munni project, among others. It has two geographical segments, Australia and the United Kingdom.
Last Updated: 19/01/2026
Alien Metals said Phase 1 drilling has recommenced at the Munni Munni PGE-Cu-Ni project in Western Australia by its proposed joint venture partner, GreenTech. The programme, paused over the festive period, includes diamond coring and reverse circulation drilling to verify historical resources to JORC (2012), test extensions, and collect material for metallurgical work.
Diamond drilling began in late December with multiple holes planned; a second rig is scheduled to commence RC drilling. Historical core and laboratory pulps on site will support QA/QC validation. The drill programme is expected to complete in February 2026, with assays anticipated several weeks later. Completion of GreenTech’s acquisition interest remains subject to shareholder approval on 21 January 2026.
