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Alderan Resources Ltd.

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Summary

Project:

Frisco

Deposit:Accrington
Location:United States
Commodities:Copper-Gold-Silver-Molybdenum
Date:10/22/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:22-10-2018: Alderan Resources Ltd. announces an Exploration/Drilling Update report for its Accrington deposit at the Frisco project. Drilling results incl. 90.6m @ 0.41% Cu, 0.29% Zn, 7g/t Ag from 116m. Alderan Resources Limited (ASX: AL8) is pleased to p
Resources:x
CP/QP:[Overall Report]: John Schloderer (Internal)
ABSTRACT:Alderan Resources Limited (ASX: AL8) is pleased to provide an update on exploration at Accrington, part of the Company’s Frisco Project located in Utah, USA. Further assay results from drilling of the Accrington skarn have been received with significant intervals of copper-zincsilver mineralisation. The drill results provide further confidence in the potential for Accrington to host a large deposit, amenable to modern low-cost bulk mining. Previous mapping by the Company indicates that the targeted garnet skarns, the principal host for mineralisation, are likely to extend further to the South-West under cover sequences for over 1km. Current drilling is focusing on mineralised garnet skarns that outcrop from Imperial to Accrington East, also over approximately 1km strike. Assays confirms further significant copper-zinc-silver mineralisation at Accrington Assay results from Accrington have been received confirming the continuation of thick garnetskarn hosted copper-zinc-silver mineralisation in FR18-005 and FR18-006. Drill hole FR18-006 was drilled from the same drill pad as FR18-004 and FR18-005 targeting the keel of the interpreted syncline and angled away from the Cactus Stock. Results have been received for the first 206.5m from FR18-006 with mineralisation intersected to end of hole. The

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