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TICKERS: CPR; CPRRF

Copper, Gold Co. Starts Geophysical Survey of Nevada Asset

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The Quick Take

  • Allied Copper started a ground induced polarization-resistivity survey of its SK project in Nevada.
  • The goal is to define geophysical signatures of a potential porphyry system with associated polymetallic skarn and/or carbonate replacement mineralization at depths.
  • The work will consist of two parts:
    • A three-dimensional survey of the SK target area in the north, using 400 by 200 meter grid spacing along eight lines.
    • A two-dimensional survey of the South target area, using 100 meter spacing along three lines.
  • The survey should take about 12 to 15 days to complete.
  • Survey results are expected within Q1/22, and drilling is to follow.

Allied Copper Corp. (CPR:TSX; CPRRF:OTCQB) began a survey of two primary targets at its SK property: SK (in the north) and South.

The three-dimensional component at SK will cover an area about 5 square kilometers in size. Results will help the company develop a three-dimensional inversion model of the area.

The two-dimensional survey of South will be the first geophysical probing done there.

Disclosures:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Allied Copper. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Allied Copper. Please click here for more information.
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