Copper King Mine was rediscovered in 2007 by Wilf Blum, Dee Allred and Jack Rasmussen. The mine was originally deeded in 1937, at which time 65,000 ounces of gold were mined from the area.

The mine consists of 62 claims filed and recorded in Juab and Millard counties, as the claims straddle the counties’ borders. The claims were patent-deeded and the deeds were purchased by Copper King Mining Inc., a Utah corporation, which shows Dee Allred as the only shareholder at this time.

Upon discovery of the ore bodies in the mining area, Allred had assays performed and contracted a company in Orem, Utah who provided geological survey work on the area.

George Harris, a senior geologist with Bullion Monarch Mining, a Utah consulting and mining firm, was contacted and spent several days going over the site. The site consists of several volcanic out-croppings and old mine shafts that have very large bodies of ore associated with them. The ore consists of copper, silver, and gold, plus several trace minerals of value.

The company’s immediate plans are to raise money to do a sonogram survey of the area. Based on those results, Bullion Monarch Mining has agreed to come in and provide a drilling program to prove reserves. Upon successful completion of the drilling program, Monarch and Copper King will joint- venture further development. The long-term goals are to sell the project to a major mining operation for shares in their company.

No definitive agreements have been entered into with a major firm, but several targets will be considered. The real advantage is that Monarch has a history of success in this type of venture.