Alien Metals Ltd's (LON:UFO) technical director Bill Brodie Good caught up with Proactive London's Andrew Scott to discuss their decision to acquire a formerly producing Western Australia silver mine in a low-cost, all-share deal.
The group is acquiring the Elizabeth Hill Silver Project from Karratha Metals Group.
It produced 1.17mln ounces of the precious metal in just two years starting from 1998 and was host to exceptionally high mined grades averaging 2,195 grams per tonne.