Option Terminated On The Klondike Copper Property

VANCOUVER - Alianza Minerals Ltd. received notice from option partner, Allied Copper Corp., that IT is terminating its option on the Klondike Copper Property in southwest Colorado.

A 2022 drilling campaign at Klondike identified high grade copper mineralization on an interpreted splay off of the main West Graben Fault target (4.26% copper over 1.06 meters at 45 meters depth). Drilling in 2022 did not reach the main strand of the West Graben Fault, and it remains a priority target for copper mineralization at Klondike.   The Klondike Property is located approximately 25 kilometers south of Naturita, Colorado. This property lies within the Paradox Copper Belt, which includes the producing Lisbon Valley Mining Complex, located 50 km to the northwest.

The project is road accessible year-round, traveling two kilometers of gravel road from paved highway. The project is comprised of 76 mining claims on Federal mineral rights managed by the BLM, in addition to an Exploration Permit and an exclusive right to a State lease from the State of Colorado.