The Valley Crossroads project has potential for intrusive and skarn related copper-gold deposits.
It lies approximately 300km south-southwest of Salt Lake City near the town of Milford in Utah, USA. Alderan holds two tenements in its own right and is earning a 70% interest in tenements held by Tamra Mining LLC. The Tamra partnership licences are adjacent to Tamra’s copper mines which have been on care and maintenance since 2019.
The geology of the Valley Crossroads area consists of thrust sheets of Cambrian and younger Palaeozoic sediments in the north. Tertiary volcanics occur throughout the area and are intruded by Tertiary monzonites, granodiorites and granites.
Most historical mining occurrences lie along 8km of strike in leases held by Tamra Mining LLC in the south of the Milford area. The cluster in the south (Hidden Treasure, Niagara, Maria, Bawana, Old Hickory, Sun Rise) are all skarn related deposits while OK at the northern end of the trend is intrusive related. Alderan’s joint venture ground in the south has potential for skarn and structure related deposits under recent alluvial cover while in the north, there is potential for intrusive and structure related copper and gold deposits.
Alderan exploration at Valley Crossroads has included data compilation, geological reconnaissance, limited rock sampling and an airborne magnetic survey. Three diamond holes were drilled at the Black Rock prospect to test anomalous copper in soils and rocks with a coincident magnetic anomaly. No significant mineralisation was intersected.
At Independence, the company has 10.5km2 of unpatented lode claims and a State of Utah Metalliferous Lease. Our exploration target is gold and copper mineralised skarns within an area that has seen small scale mining for over 100 years.
Alderan’s prime exploration focus is the Valley Skarn prospect where a prominent magnetic high has been identified.
Remote sensing geophysical techniques will be critical to the success of exploration in the covered areas in the south of Valley Crossroads. Alderan’s next step will be re-processing and inversion modelling the airborne magnetic data, integrating this with past exploration data and identifying targets for potential drill testing.