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Allied Copper Corp (TSXV: CPR, OTCQB: CPRRF)

 are a copper exploration company with assets in Nevada, Colorado and Utah and a multi-year growth pipeline. Our mission is to acquire and develop long-life, scalable copper assets with a focus on the Western United States.

We operate with a low-cost and high-growth strategy, driven by efficient and transparent operations in all areas of the business.

Lower Lisbon Valley is the collapsed crest of a salt-cored anticline, bounded to the SW and NE by normal faults. The Stateline property is located along the NE bounding fault of the collapse structure. Outcropping formations on the property include sandstone belonging to the Dakota and Burro Canyon Formations, currently the productive mining horizons in the South Lisbon District.

Copper is spatially associated with bleached and altered zones adjacent to the faults. Mineralization in outcrop includes malachite, azurite, chalcocite and black copper oxides. Mineralization may be amenable to modern open pit mining with Solvent Extraction Electrowinning (“SXEW”) processing similar to the Lisbon Valley Mine. The mineralization noted to date is interpreted to be the southeast extension the Flying Diamond mineralization.

 is located 10 km Southeast of the Lisbon Valley Mining Complex, 30 km southwest of Naturita, Colorado and 70 km southeast of Moab, Utah. The property consists of 22 unpatented mining claims.

The property is 148 ha and road accessible. Stateline has favourable stratigraphy for sediment hosted copper deposits in the emerging Paradox Copper Belt. It is located in the Lisbon Valley along trend of the Flying Diamond copper deposit.

Copper mineralization has been recognized in the Lisbon Valley since the 1890’s. Early modern exploration programs done by Noranda (1970s) and Kennecott (1990s) focused on bulk-tonnage deposits, although it is now apparent that a lack of understanding of the stratigraphy impeded many of these efforts. More recent work by Constellation Copper Corp and, later Lisbon Valley Mining Company (LVMC), identified a series of near-surface deposits in the Lower Lisbon Valley. Regional programs as part of this work included sampling over the Stateline claims and is highlighted by results of 1.6% Cu and 1.7 g/t Ag from rock sample, and 0.47% Cu and 2.1 g/t Ag across a 12 ft chip sample.

Klondike is located at the southeast end of a gypsum salt anticline in a similar structural setting as Lisbon Valley. Copper mineralization occurs in bleached and altered, porous and permeable, sandstone units adjacent to small graben-bounding normal faults. Copper mineralization in outcrop includes malachite, azurite, chalcocite and black copper oxides.

Documented copper exploration in the area ceased in the 1960s with subsequent exploration targeting uranium during the 1970s. Previous work reported high-grade copper mineralization highlighted by results of 6.3% copper and 23.3 g/t silver in outcrop. In addition to its high-grade potential, disseminated copper-silver mineralization has been observed which may be amenable to modern open pit mining with Solvent Extraction Electro Winning (SXEW) processing similar to the Lisbon Valley Mine. Sedimentary-hosted copper deposits are an important contributor to world copper production, accounting for more than 20% of the world’s copper supply annually.

A recent reconnaissance program conducted by Cloudbreak/Alianza (News Release dated December 1, 2021), consisting of mapping, stream sediment sampling and rock sampling, was undertaken at the Klondike Property to help define drill targets at the West Graben Fault and East Graben Fault targets. Rock sampling and mapping successfully confirmed historic sample results and expanded the footprint of both targets and identified a new target named the Northeast Fault.

 is a copper-silver project that lies within the Paradox Copper Belt of San Miguel County, Colorado, USA.

It is comprised of 76 unpatented lode claims for a total area of 843 hectares.

The Klondike Property is located 25 km (15.6 miles) South of Naturita, Colorado and lies within the Paradox Copper Belt of San Miguel County, Colorado, USA. The operational Lisbon Valley Mine lies 50 km (approx.31 miles) to the NW. The property consists of 76 unpatented lode claims and exclusive right to a State Lease for a total property size of 843 hectares (2,083 acres).

The Klondike Property is located about 3.2 km (2 miles) off Colorado Highway 141 and accessible by an all-weather County Road and then unimproved dirt roads throughout the project. The project is expected to be accessible all year round.

 is a copper-gold porphyry project at the intersection of the well-known Battle Mountain – Eureka (Cortez) trend and Warm Springs Lineament.

It is comprised of 316 unpatented lode claims for a total area of 2,560 hectares.

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Allied Copper

Allied Copper

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Stateline Copper-Silver Project

Klondike Copper-Silver Project

Silver King Copper-Gold Project

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Suite 520, Box 55, 999 West Hastings Street, Vancouver, British Columbia V6C 1M3, Canada

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