copper price news

Imperial X and Alianza Minerals Form Southern US Copper Exploration Alliance

(TheNewswire)



Vancouver, BC TheNewswire - June 15, 2021 Alianza Minerals Ltd. (TSXV:ANZ ) ( OTC:TARSF) ("Alianza") and Imperial X PLC (LSE:CDL) ("Imperial X") announce the two companies have struck a Strategic Alliance to explore for copper deposits in the United States. This alliance will focus on the identification, acquisition and advancement of copper projects in the states of Arizona, Colorado, New Mexico and Utah. Together, the two companies intend to identify new copper exploration opportunities to acquire and advance with the intent of finding a partner to further the projects.

Jason Weber, President and CEO of Alianza, noted that "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."

Kyler Hardy, President and CEO of Imperial X expressed his enthusiasm for working with the Alianza team, "Entering into this alliance will enhance our initial target evaluation and accelerate our ability to pursue opportunities throughout the region with enticing examples of mineralization to target. These are the types of relationships that have worked well for Imperial X in the past and follows in line with the objectives of Imperial X."

Under the terms of the Alliance, either company can introduce projects to the Strategic Alliance. Projects accepted into the alliance will be held 50/50 but funding of the initial acquisition and any preliminary work programs will be funded 40% by the introducing partner and 60% by the other party. Project expenditures are determined by committee, consisting of two senior management personnel from each party. Alianza is the operator of alliance projects unless the Alliance steering committee determines that Imperial X would be a more suitable operator, on a case-by-case basis. The term of the Alliance is two years and can be extended for an additional two years.

Alianza and Imperial X expect to make project acquisitions for the Alliance and start exploring imminently.

About Alianza Minerals Ltd.

Alianza employs a hybrid business model of joint venture funding and self-funded projects to maximize opportunity for exploration success. The Company currently has gold, silver and base metal projects in Yukon Territory, British Columbia, Colorado, Nevada and Peru. Alianza currently has one project (Tim, Yukon Territory) optioned out to Coeur Mining, Inc. and a copper exploration alliance in the southern United States with Imperial X PLC, soon to change its name to Cloudbreak Discovery PLC. Alianza also is seeking partners on other projects. The Company is listed on the TSX Venture Exchange under the symbol "ANZ" and trades on the OTCQB market in the US under the symbol "TARSF".

About Imperial X

Imperial X PLC, which will change its name to Cloudbreak Discovery PLC as soon as practicable, is a leading natural resource project generator, working across a wide array of mineral assets that are being developed and managed by an experienced team with a proven track record. Value accretion within the projects being developed by the Cloudbreak's generative model enables a multi asset approach to investing. Diversification within the mining sector and amongst resource classes is key to withstanding the cycles of natural resource investing.

For additional information please contact:

Jason Weber, President and CEO

Sandrine Lam, Shareholder Communications

Info@alianzaminerals.com

Tel:  (604) 807-7217

Fax: (888) 889-4874

Renmark Financial Communications Inc.

Melanie Barbeau

mbarbeau@renmarkfinancial.com

Tel: (416) 644-2020 or (514) 939-3989

www.renmarkfinancial.com

To learn more visit: www.alianzaminerals.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. STATEMENTS IN THIS NEWS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.

Copyright (c) 2021 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
gold in new brunswick

Brunswick Exploration Announces AGM Results

Brunswick Exploration Inc. (“BRW” or the “Corporation”) is pleased to announce the results of its annual general meeting (“AGM”) of shareholders held on June 12, 2025. Shareholders holding a total of 80,309,202 common shares of the Corporation attended the AGM in person or were represented by proxy, representing approximately 37 % of the 218,274,932 common shares issued and outstanding.

Pierre Colas, Jeffrey Hussey, André Le Bel, Amy Satov, Mathieu Savard and Robert Wares were re-elected to the board of directors.

Keep reading...Show less
Harvest Gold (TSXV:HVG)

Harvest Gold Identifies 15 Primary And 10 Secondary Targets For Its Diamond Drill Program At Its Mosseau Project In Quebec

Harvest Gold Corporation (TSXV: HVG) (“Harvest Gold ” or the “Company ”) is pleased to announce the finalization of drill targets for its planned diamond drill program at the Company’s Mosseau Project, located in the Urban-Barry Greenstone Belt of Quebec (Figure 1).

Rick Mark, President and CEO of Harvest Gold, states: “Our geological team has done a tremendous job in compiling and collating the many datasets from the historic work of many companies in the northern area of Mosseau. They also built a new database for the central area with Harvest Gold’s 2024 air and ground programs data, captured using today’s technologies, layered over the data from historic work done sporadically. Drill permits are secured and a drill contract for a 5,000-metre program is signed. We are ready to drill.”

Keep reading...Show less
Radisson Mining Resources (TSXV:RDS)

Radisson Announces Results of its Annual and Special Meeting of Shareholders

Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company) is pleased to announce the results of its Annual and Special Meeting of Shareholders ("AGM") held on June 12, 2025. Shareholders voted in favour of all items of business, including the election of each director nominee, the appointment of auditors, and the adoption of a new Omnibus Equity Incentive Plan. A total of 156,469,851 votes were represented in the meeting amounting to 45.22% of the Company's class A shares issued as of the record date. Directors re-elected to the board were Pierre Beaudoin, Lise Chénard, Michael Gentile, Peter MacPhail, Matt Manson, Jeff Swinoga and Cindy Valence. Subsequent to the AGM, Pierre Beaudoin was re-appointed as Chairperson of the Board of Directors.

Keep reading...Show less
"M&A" written on puzzle pieces.

Western Australia Approves Aston Minerals and Torque Metals Merger

Aston Minerals (ASX:ASO) and Torque Metals (ASX:TOR)made a joint announcement on Tuesday (June 10) acknowledging that the Supreme Court of Western Australia has approved their proposed merger.

First announced in January, the deal will see Torque acquire all of Aston's fully paid ordinary shares.

Aston’s delisting from the ASX is underway, with trading suspended on May 29. The company applied for termination of official quotation and removal from the ASX on the day the merger got the green light.

Keep reading...Show less
WIA Gold

Drilling continues to return significant high-grade mineralisation

Wia Gold Limited (ASX: WIA) (Wia or the Company) is pleased to report further positive assay results for thirty-six (36) Reverse Circulation (RC) drillholes and nine (9) diamond drillholes (DD), totalling 9,349 metres, aiming to upgrade inferred resources and support resource growth at the 2.12Moz1 Kokoseb Gold Project (Kokoseb) in Namibia.

Keep reading...Show less

Latest Press Releases

Related News

×