Alderan set to drill at New Years prospect after 3D modelling results
–News Direct–
Alderan Resources Ltd (ASX:AL8) managing director Scott Caithness sits down with Propactives Jonathan Jackson to discuss results from last quarter and upcoming drilling at the New Years copper-gold prospect within its Frisco project in Utah, USA. This decision follows advanced 3D modelling of the historic Cactus-Comet copper-gold mines and detailed analysis using drone magnetics, which revealed multiple promising copper-gold deposit targets. Notably, the New Years prospect is identified by a significant magnetic low anomaly, roughly twice the size of that at Cactus, and is part of a larger complex anomaly encompassing three lows. Positioned 400 metres from Cactus along the NE-SW Cactus Canyon Fault structure, New Years presents potential mineralisation over a 1-kilometre str...