Alderan’s projects, Detroit, Valley Crossroads, Frisco and White Mountain, are located in the under-explored Tintic and Marysvale-Pioche igneous magmatic belts which have a long history of copper, gold and manganese mining. The Bingham belt which hosts Rio Tinto’s world class Bingham Canyon porphyry copper-gold-molybdenum mine lies immediately to the north and the Battle Mountain and Carlin gold and copper mining districts are in neighbouring Nevada to the west.

Exploration completed by Alderan and its partners indicates potential for multiple copper and gold deposit types similar to those in the Bingham, Carlin and Battle Mountain districts. The Detroit project is the company’s focus due to its outstanding potential for a copper-gold-molybdenum mineralised porphyry plus distal disseminated, skarn, intrusive and structure related copper and gold deposits associated with the porphyry.