The acquisition, under an option to purchase, was mined in the 1980s and extensive drilling took place to define the gold resources. According to CEO James Anderson, a drilling program is scheduled to begin as soon as possible to validate the historical data to JORC compliance.
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About Alt Resources Ltd
Alt Resources Limited (ASX:ARS) is an Australian based mineral exploration company. The Company portfolio of assets include the Paupong IRG Au-Cu-Ag mineral system in the Lachlan Orogen NSW, the Myalla polymetallic Au-Cu-Zn deposit, the Mt Roberts gold project and the newly acquired Mt Ida South gold project incorporating the Bottle Creek gold mine.
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Alt Resources Ltd (ASX:ARS) Further High-Grade Historical Gold Intercepts at the Un-Mined Southwark Gold Deposit, Bottle Creek