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ALT RESOURCES LIMITED - Corporate Spotlight

4.11% ! 7.0¢
Currently unlisted.

ALT Resources Limited is a junior mineral exploration company engaged in pursuing a joint... ALT Resources Limited is a junior mineral exploration company engaged in pursuing a joint venture agreement with GFM exploration pty ltd, with a view to facilitate the development of gold mining activities. The Company is exploring in the south east Lachlan Orogen in New South Wales, where it has discovered an intrusion related gold (IRG) mineral system. It holds interest in Myalla Prospect and Paupong Project. Its Myalla Prospect lies approximately 15 kilometers to the northeast of Dalgety in New South Wales, and is over 30 kilometers from the Paupong Project that covers an area of over 50 square kilometers. Its Paupong Project's tenements are located over 15 kilometers south west of Dalgety, New South Wales in the eastern sub-provide of the Lachlan Orogen. It has entered into a joint venture with Ironbark Zinc Limited to explore Fiery Creek Project that is located over 60 kilometers from Paupong. Its tenements include EL7825 Paupong; EL8266 Paupong; EL8382 Paupong, and EL8416 Myalla.More

Bottle Creek

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  • 8,000m of RC drilling completed at Bottle Creek  
  • First modern exploration at the project since 1988
  • Recent results from new drilling at the Emu deposit, Bottle Creek, include:

23m @ 4.0 g/t Au from 31m including 1m @ 10.2 g/t Au, 55 g/t Ag from 71m

26m @ 2.3 g/t Au from 33m including 7m @ 7.1 g/t Au from 45m including 1m @ 21.8 g/t Au from 48m

22m @ 6.3 g/t Au from 52m including 5m @ 10.6 g/t Au from 60m

29m @ 4.0 g/t Au from 39m including 5m @ 7.2 g/t Au from 60m

6m @ 19.3 g/t Au, including 2m @ 51.7 g/t Au

27m @ 5.6 g/t Au, including 3m @ 10.5 g/t Au and 1m @ 15.2 g/t Au

7m @ 9.9 g/t Au (EOH), including 1m @ 23.8 g/t Au

Read the full ASX announcement from 11th April 2018

Roadmap

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Golden Vision

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Mt Ida

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Myalla

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  • Drilling results from the first modern RC program at Myalla Project, NSW
  • Significant intercepts include:

3m @ 2.1 g/t Au, 3.7 g/t Ag and 174 g/t Bi

2m @ 2.7 g/t Au, 11.8 g.t Ag, 300 g/t Bi and 0.48% Cu 

1m @ 5.4 g/t Au, 55.6 g/t Ag, 212 g/t Bi

1m @ 1.1 gt/t Au, 8.0 g/t Ag, 0.21 % Cu and 0.11 % Zn

2m @ 1.6 g/t Au, 9.5 g/t Ag and 903 g/t Bi

1m @ 1.4 g/t Au, 37.5 g/t Ag, 163 g/t Bi and 1.56 % Pb

1m @ 4.8 g/t Ag, 0.48 % Pb and 1.46 % Zn

1m @ 3.0 g/t Au, 11.4 g/t Ag and 685 g/t Bi

  • Results reveal polymetallic system with possible IRG affinities, similar to Alt’s nearby Paupong Project

Read the full March 23rd 2018 ASX Announcement


Paupong Cobalt

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  • Cobalt mineralisation identified as part of the Paupong intrusion-related gold system
  • Results from previous drilling at Kidman include:

2m @ 0.12 % Co, 1.56 % Cu, 1.06 g/t Au, 7.8 g/t Ag

2m @ 0.11 % Co, 1.29 % Cu, 0.79 g/t Au, 13 g/t Ag

1m @ 0.12 % Co, 2.8 g/t Ag,

1m @ 0.10 % Co, 0.42 % Cu, 0.21 g/t Au, 15 g/t Ag

Read the Full ASX announcement 1st December 2017

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