Business
Alderan (ASX:AL8) share price lifts on drilling update
The Alderan Resources Ltd (ASX: AL8) share price is lifting today after the mineral explorer announced it has kicked off its exploration drilling program for 2021.
At the time of writing, the Alderan share price is up 4.7% to 11 cents.
What’s pushing the Alderan share price up?
The Alderan share price is pushing higher on news the company has started its first-pass drilling at Black Rock, Utah, in the United States.
The Black Rock target forms part of the Valley-Crossroads Project where Alderan is earning up to a 70% interest through a deal with another mining company, Tamra Mining.
The maiden drill program comes off the back of positive results received from its geological mapping and rock chip sampling. Mainly targeting copper…
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