Rainbow Lake

ALLIED COPPER INTERSECTS 4.26% COPPER OVER 1.06 METRES AT WEST GRABEN FAULT TARGET IN COLORADO

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Wednesday, November 30, 2022
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The first 3.4 metres of malachite and copper oxide mineralization were not recovered due to broken ground and setting casing, with the next 6.8 metres averaging 0.51% copper.

Key Points: 
  • The first 3.4 metres of malachite and copper oxide mineralization were not recovered due to broken ground and setting casing, with the next 6.8 metres averaging 0.51% copper.
  • Two holes, KDB22-02 and -05, were located to test the West Graben Fault target.
  • KDB22-05 intersected an eastern strand of the West Graben Fault, which contained native copper and chalcocite at a depth of 44.96 metres.
  • This interval returned 4.26% copper over 1.06 metres within a broad interval of anomalous copper mineralization (chalcocite and copper oxide) over 42 metres.

ALLIED COPPER REPORTS ADDITIONAL FINANCIAL AND TECHNICAL INFORMATION FOR VOLT LITHIUM CORP.

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Friday, November 25, 2022
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Vancouver, British Columbia, Canada, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce additional technical information and financial information regarding Volt Lithium Corp. (Volt).

Key Points: 
  • Vancouver, British Columbia, Canada, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce additional technical information and financial information regarding Volt Lithium Corp. (Volt).
  • The QP concluded that the Volt sampling program validated the historical lithium-brine analytical results: 38.3 mg/L lithium (historical; n=9 analyses) versus 35.0 mg/L lithium (Volt; n=10 analyses).
  • In connection with the TSXVs review of the Acquisition, the TSXV halted trading of Allied Copper shares on the TSXV, pending the collection and dissemination of additional financial and technical information relating to Volt.
  • Trading of Allied Copper shares on the TSXV is expected to resume on November 29, 2022, following dissemination of the additional information contained herein.

ALLIED COPPER ENTERS INTO AGREEMENT TO ACQUIRE VOLT LITHIUM CORP.

Retrieved on: 
Monday, October 31, 2022
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Vancouver, British Columbia, Canada, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce that it has agreed to acquire 100% of the issued and outstanding shares (Volt Shares) of privately-held Volt Lithium Corp. (Volt), pursuant to a share purchase agreement (the Agreement) dated October 31, 2022, among each of the shareholders of Volt (collectively, the Vendors) and the Company (the Acquisition).

Key Points: 
  • Vancouver, British Columbia, Canada, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce that it has agreed to acquire 100% of the issued and outstanding shares (Volt Shares) of privately-held Volt Lithium Corp. (Volt), pursuant to a share purchase agreement (the Agreement) dated October 31, 2022, among each of the shareholders of Volt (collectively, the Vendors) and the Company (the Acquisition).
  • The acquisition of Volt and retention of its key management team members helps position Allied Copper as a responsible contributor to the worlds battery metals supply, as our combination of copper and now lithium assets are both situated in high integrity jurisdictions featuring robust regulatory regimes and strong environmental regulation, said Warner Uhl, Executive Chairman of Allied Copper.
  • In connection with the completion of the Acquisition, Alex Wylie, a Vendor, will be appointed as the President of Allied Copper.
  • Kyle Hookey will continue to act as Chief Executive Officer and Morgan Tiernan will continue to act as Chief Financial Officer of Allied Copper.