Exploration Update on Alderan Resources’ New Year’s Copper Prospect
Alderan Resources, an Australian-based mineral exploration company, continues to leave its mark on the mining industry in a significant way. Their latest endeavor in the Cactus District, Utah, USA, has provided promising early results as they intersect with a 30m copper mineralised zone at the New Year’s Copper Prospect.
Making it an Affair to Celebrate
The New Year’s Copper Prospect, located within Alderan’s vast portfolio of exploration projects, has offered crucial findings that could open up new and exciting frontiers in copper mining. Alderan’s work at this site revealed a 30 meter mineralised zone, which in turn has intersected copper, providing an immensely positive prospect for Alderan Resources.
Harnessing Exploration Technology
The location was identified using modern exploration methods, specifically, the state-of-the-art Induced Polarisation (IP) geophysical method survey. This revolutionary technique gives detailed impressions of the nature and composition of the underground environment, allowing Alderan Resources to precisely and strategically conduct their exploration.
The survey successfully identified an IP chargeability anomaly of approximately 1km by 1km. This suggested the discovery of mineralised materials even before drilling took place. This advanced technology has, thus, played an integral role in the progress of the mining project, reducing uncertainties, and helping Alderan Resources direct their activities more accurately.
Striking Copper
Once drilling commenced on this marked anomaly, the first intersection occurred just 48m from the surface, unveiling a striking mineralised zone of 30 meters at an average grade of 0.53% copper concentration. This discovery alone elevates the status of the Copper Prospect, capturing the attention and interest of mining investors.
Delving further into the copper intersection, it was revealed that the mineralized zone includes a significant 6m section averaging at 1.19% copper. This concentration level surpasses the overall average being mined worldwide, which according to the US Geological Survey, sat at just 0.49% in 2019. This highlight once again underscores the potential profitability and viability of the New Year’s Copper Prospect for Alderan.
Expanding on the details, the 30m intersection was further analyzed. It returned 0.53% Copper, 5.3g/t Silver, 0.17g/t Gold (Au), 186ppm Molybdenum (Mo), and 32ppm Tellurium (Te). These figures are significant in their own right, as they reveal a multifaceted mineral wealth that extends beyond copper, involving valuable resources like gold, silver, molybdenum, and tellurium.
Course Forward
The promising intersections found at the New Year’s Copper Prospect have further validated Alderan Resources’ exploration strategy. They have set the stage for continued drilling efforts in the region, aimed at better understanding the geological composition and potential wealth within the ground.
Equipped with modern technologies and driven by exciting early findings, Alderan remains optimistic about the prospects of the New Year Copper Project, and will continue advancing their efforts towards mapping out the area’s potential. Additional drill holes are planned across the identified anomaly, which would likely provide a clearer picture of the mineralization present at the site.
In Closing
These recent discoveries by Alderan Resources underscore the immense potential that lies beneath the surface in the Cactus District, Utah, USA. The company’s strategic and pioneering approach to exploration has not only brought them success but also opened up a prosperous path for future explorations in the copper mining industry. With the success at the New Year’s Copper prospect, Alderan continues to set the bar high in mineral discovery, posing a promise of an exciting and profitable future in the exploration landscape.