Mike Fagan,
Editor
June 16, 2021
Hybrid prospect generator Alianza Minerals (TSX-V: ANZ)(OTC: TARSF) — currently trading around C$0.12 per share — has entered into a strategic alliance with Imperial X to hunt for copper exploration projects in the western United States.
The joint effort will focus on potential copper property acquisitions in Arizona, Colorado, New Mexico and Utah wherein any projects brought into the alliance will be held on a 50/50 basis.
Initial acquisition costs and any preliminary work programs will be funded 40% by the introducing partner and 60% by the other party.
Further project advancement will primarily be through joint ventures with other developers — a hallmark of the prospect generator model. Several projects are currently in the acquisition review process, and the timing is excellent with copper trading steadily in the US$4.50 per pound range.
Alianza CEO, Jason Weber — whom you’ll be hearing more from in just a second — commented via press release:
“We are looking forward to identifying a robust portfolio of copper projects with the Imperial X team. We started this process in 2020 and are excited to bring Imperial X’s expertise, together with our own, to take advantage of these opportunities.”
Alianza also has the drills turning at its 100%-owned Haldane Silver Project — which returned a highlight intercept of 311 grams per tonne silver over eight meters last year — located in the historic Keno Hill Mining District of Yukon Territory, Canada.
Additionally, the company has a joint venture agreement with Coeur Mining on the Tim Silver Project, Yukon, wherein Coeur can earn-in 80% by way of cash and exploration expenditures totaling ~C$4 million along with the completion of a feasibility study.
Our own Gerardo Del Real of Junior Resource Monthly sat down with Alianza CEO, Jason Weber, for an up-close look at the Imperial X copper alliance along with a drilling update from Haldane. CLICK HERE TO LISTEN. Transcript is also available.
Also click here for our feature report on Alianza Minerals.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Mike Fagan has mining in his blood. As a teenager he staked countless gold and silver properties in Nevada alongside his dad, Brian Fagan, who created the Prospect Generator model that’s still widely used today in the resource space. One of those staking projects was put into production by a major Canadian mining company — a truly rare and profitable experience. That background uniquely qualifies him as a mining stock speculator. One of the most well-known names in the business, Mike is now putting that experience to use for the benefit of Resource Stock Digest and Hard Asset Digest readers.