Technical Report For Klondike Property In Colorado

VANCOUVER - Allied Copper Corp. has filed a National Instrument (NI) 43-101 Technical Report for the Klondike Property, Colorado. The Technical Report is entitled “Technical Report on the Klondike Exploration Project, San Miguel County, Colorado, USA”. The Technical Report was authored by an independent Qualified Person and was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

The Klondike Property is located within San Miguel County approximately 25 km (15.6 miles) South of Naturita, Colorado. It lies within the Paradox Copper Belt of Western Colorado, host to the operational Lisbon Valley Copper Mine approximately 50 km (31 miles) to the NW. The property consists of 76 unpatented lode claims and a State Mineral Lease totaling 874 hectares (2,216.63 acres). Historic rock-chip sampling from visible copper mineralization in outcrop across the Klondike Property has returned assay values as high as 6.3% copper in sandstones of the Cutler and Morrison formations along the east and west bounding faults of the Klondike Graben. The Klondike Property is accessible by an all-weather County Road that links to a network of unimproved dirt roads throughout the project area.