Alien Metals shares rise 4% after bonanza-grade silver results

Mining General Mining & Base Metals Written by: Ian Lyall 10:30 Thu 27 Aug 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output at the Daily... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Alien Metals Ltd ( AIM:UFO OTC:ASLRF ) View Price & Profile Alien Metals shares rise 4% after bonanza-grade silver results Published: 10:30 27 Aug 2026 BST Shares in Alien Metals Ltd (AIM:UFO, OTC:ASLRF) , the AIM-listed minerals exploration and development company, rose 4% to 0.10p on Thursday. The move followed diamond drilling results from the Elizabeth Hill Silver Project in Western Australia, announced by joint venture partner West Coast Silver, which is listed on the Australian Securities Exchange. The standout intersection was 38.3 metres grading 878 grams per tonne silver from 3.7 metres downhole, including 22.3 metres grading 1,495 grams per tonne. Within that zone, a 0.5 metre interval returned 64,745 grams per tonne silver, a grade description typically reserved for exceptionally rich mineralisation. Two further holes returned additional high-grade results, with one intersecting 63 metres at 53 grams per tonne silver from 2 metres downhole. The drilling, aimed at infilling an April 2026 mineral resource estimate, also found mineralisation extending beyond the current resource boundary, including near-surface and westward into granite. All reported intersections are downhole lengths rather than true widths, so they do not necessarily represent the actual thickness of the mineralised zones. Further drilling is scheduled for the second half of 2026 to test the extent of the newly identified mineralisation. Alien Metals holds a 30% interest in Elizabeth Hill and 30.5 million shares in West Coast Silver. Continue reading