Alianzas Klondike Copper Property Program Underway

VANCOUVER - Alianza Minerals Ltd. reported that a 1,000 meter (m) drill program is underway at the Klondike Property property in alliance with Cloudbreak Discovery PLC, located in southwestern Colorado. The drill is turning and most of the construction related to the drill pads and temporary road access to them is complete. Notably, construction of the access between pads L and N at the Northeast Fault target revealed numerous new occurrences of copper oxide mineralized sandstone.

The planned 1,000m drill program is designed to test three separate multi-kilometer copper-mineralized targets at the West Graben, East Graben and Northeast faults. The first phase drill program will test at least five of the 12 highest priority drillholes to a maximum depth of approximately 250m.

“We are extremely pleased to have drilling underway at Klondike, just over one year after announcing its acquisition with our alliance partner, Cloudbreak.” said Mark T. Brown, Executive, Chairman of Alianza. “It is very encouraging that we are uncovering new copper occurrences as we build access into the drill pads, strengthening our conviction that we are testing robust copper targets.”

It is anticipated that the program will take four to six weeks to complete, with results potentially available in Q4 2022.