Alliance advances other projects while Four Mile legal issue is pending

摘要

Explorer Alliance Resources Ltd (ASX:AGS) will undertake more geophysical studies on its Warrina copper-gold prospect in South Australia's far north.The prospect is in elephant territory, well north of OZ Minerals Ltd's Prominent Hill copper-gold mine, which has proved to be one of the most profitable new mines developed in Australia in the past two years.Alliance's managing director Steve Johnston said it had the right geological signature for a model target for iron oxide copper-gold (IOCG) but more geophysical work was required this year before drill targets could be identified.