Alderan Resources Limited (ASX: “AL8”) is a USA focused copper and gold exploration company. Its portfolio consists of four high quality exploration projects in Utah, USA.
Our flagship Detroit project has strong potential for porphyry related and Carlin-like gold deposits. Following tenement consolidation and compelling surface exploration results with rock samples assaying up to 3.2% copper and 9.1 g/t gold, our focus is to discover gold deposits which the company can then define and progress to resource estimation.
We successfully completed a maiden diamond drilling programme at two Detroit targets, Drum gold mine and Mizpah gold prospect, intersecting +1.0g/t gold mineralisation in all verification holes, consistent with historical holes drilled during the 1980s.
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