Alderan Resources Limited (ASX: AL8) is making significant progress in its exploration efforts, with updates on its copper exploration project in Utah, USA, and its lithium projects in Minas Gerais, Brazil.
Utah Copper Exploration: Preparations for drilling at the New Years copper-gold prospect in Utah’s Frisco project are proceeding rapidly.
The company is finalising the precise locations and orientation of a planned three-hole diamond drilling program, aiming to commence drilling this quarter.
Alderan already has permitted drill sites within the Frisco project area, with the permit expected to be amended for the new locations.
Brazil Lithium Exploration: Alderan’s stream sediment and reconnaissance rock sampling program over its lithium project areas in Minas Gerais are more than 50 per cent complete.
Sampling, conducted by the Brazil consulting group Adageo, has progressed well, with minimal delays despite extreme weather conditions.
The program is expected to be completed in early May, with initial assay results expected in mid-April and further results over the next two months.
Scott Caithness, Managing Director of Alderan, commented on the progress: “We are fast-tracking drill testing of the New Years copper prospect at the Frisco project in Utah, USA with drill hole locations being finalised ahead of permitting and site preparation.”
He also noted the progress of the lithium exploration in Minas Gerais, highlighting the completion of sampling in challenging areas like Minas Novas and Curral de Dentro.
Alderan Resources specialises in critical and precious metal exploration.
In addition to its lithium projects in Minas Gerais, Brazil, the company has projects in Utah, USA, including Frisco, Detroit, and White Mountain.
Alderan aims to rapidly discover, delineate, and develop critical metal and gold deposits for mining, focusing on under-explored geological belts with high potential for discovery.
Alderan’s exploration plans include reviewing new opportunities to secure and upgrade its pipeline of projects, further enhancing its position in the mining industry.