Alien Metals Ltd Finalizes Heritage Agreements for Hancock Iron Ore Project

Alien Metals Ltd Finalizes Heritage Agreements for Hancock Iron Ore Project

Alien Metals Ltd has reported that its subsidiary, the Iron Ore Company of Australia, has secured Heritage Agreements with the Karlka Nyiyaparli Aboriginal Corporation RNTBC. The agreements concern two exploration licences and one miscellaneous licence associated with the Hancock Iron Ore Project in Western Australia’s Pilbara Region. Alien Metals owns a 90% interest in this project.

The Heritage Agreements cover exploration licence applications E 47/4817, E 47/5001, and Miscellaneous Licence application L 47/1063. With the Nyiyaparli native title determination encompassing the Hancock Project and its related tenements, there is potential for additional iron ore discoveries.

These agreements play a pivotal role in Alien Metals’ collaboration efforts with the Nyiyaparli Traditional Owners. They intend to provide long-term cooperation, agreed protection measures for areas of cultural importance, and form the basis for the necessary heritage surveys.

Furthermore, the agreements will allow the licences to be granted with no objections from native title parties. Included in the agreement is the provision for Alien Metals to construct essential infrastructure, ensuring road access from the Great Northern Highway to the intended mining site.

The finalization of these Heritage Agreements comes as Alien Metals continues discussions on a separate mining agreement expected to conclude by the end of 2023.

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