Alt Resources Ltd (
The current RC drill program has confirmed grade and continuity of the gold mineralisation at Tim's Find deposit and the mining potential of the project area. The Company has undertaken additional drilling down strike to the south outside the current resource model generating encouraging results.
Alt CEO James Anderson commented "Again the Company workers have delivered some very positive outcomes with this Mt Ida drilling program. We have drilled in four of the Mt Ida South and Quinns project areas with the emphasis being on the Tim's Find project area where we will be focussing on the development potential for this shallow deposit. The Tim's results support a small scale open pit toll treatment scenario and the Company will now consider options and costings to move Tim's Find into production and generate a cash flow for the business".
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About Aurenne Alt Resources Pty Ltd
Aurenne Alt Resources Pty Ltd is an Australian based mineral exploration company that aims to become a gold producer by exploiting historical and new gold prospects across quality assets and to build value for shareholders.
Contact
Andrew SparkeExecutive Director
Email: andrew@altresources.com.au
Peter Nesveda
Investor Relations and Corporate Affairs
Mob: +61 (0) 412 357375
Email: peter@intuitiveaustralia.com.au
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