Induced Polarization (IP) Geophysical Survey At The SK Property

VANCOUVER - Allied Copper Corp. reported that the it has commenced a ground Induced Polarization (IP) and Resistivity survey on the SK Property, Eastern Nevada. Dias Geophysical is undertaking the survey.

The groundwork will include a rolling 3D IP-Resistivity survey using the DIAS32 system in the northern SK target area, and a distributed 2D survey array in the South Target area. The 3D coverage will involve 400m X 200m grid spacing while the 2D array will have 100m spacing along three lines. Eight lines with an aggregate length of 15 kms will be covered at SK and another three lines with a total length of 6 kms will be completed in the South Target area.

The 3D work at SK is expected to assist in developing a robust 3D inversion model with a near surface resolution of 50m X 50m. The whole coverage area is about 5 sq. km and the survey design aims to capture an image down to a depth of 500m - 600m. The Company expects the survey will take approximately 12 to 15 days to complete.

The 2D layout in the South will serve as a first phase geophysical probing, the results of which will assist in determining where further in-fill and/or extension lines will be shot.

Both survey coverages aim to define geophysical signatures of a possible porphyry system with associated polymetallic skarn and/or carbonate replacement mineralization at depths. The Company expects to receive the results of the survey prior to the end of Q1 2022, well timed to plan the SK Property drill program that is anticipated in Q2/Q3 2022.