Alderan Resources Expanded Footprints at Detroit Gold Project

SEATTLE (Scrap Monster): Alderan Resources- the USA focused copper and gold exploration company announced that it has acquired a tenement that lies between the Drum and Mizpah deposits, thus expanding its footprints at the Detroit gold project in Utah.

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According to the company, the new Drum North tenement covers a total of 230 acres of land north of the historical Drum gold mine. It hosts 750m of strike and has not has had any modern exploration since 1994. Furthermore, it bridges the gap between its tenement that hosts Drum and the one in the north that covers Mizpah. With this, the company now holds 6.5 kilometres of uninterrupted strike in the highly prospective gold region.

Scott Caithness, Managing Director, Alderan Resources noted that the acquisition of Drum North is an excellent pickup for the company. The new tenement hosts two oxide gold deposits and sits between a gold-in-soil anomaly and the historical Drum gold mine, he noted.

The company will now proceed with geological mapping and soil and rock chip sampling. Also, it plans to complete a geographical survey to identify drill targets. Furthermore, the field work is expected to begin in September quarter with completion expected by December quarter, he added.

The Detroit gold project is located 175 kilometres southwest of Salt Lake City.