Alt Resources Limited (ASX:ARS) is pleased to announce that it is proposing to undertake a capital raising to raise up to approximately $1.25 million before issue costs. The share issue comprises a placement to sophisticated and professional investors to raise $999,895, and a Share Purchase Plan to existing eligible shareholders to raise approximately $250,000.
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.
Alt Resources (ASX:ARS) is pleased to announce it has entered into a legally binding Option to Purchase Agreement to acquire the Bottle Creek Gold Mine located 100 km north east of Menzies in the Mt Ida gold belt. The Option provides exclusive rights to the Company to acquire 100% of the Bottle Creek Gold Mine for a period of 12 months.
FINANCE VIDEO: ALT Resources Ltd (ASX:ARS) Interview with Exploration Manager Helen Degeling at IMARC 2017
ALT Resources Ltd (ASX:ARS) Exploration Manager Helen Degeling is interviewed at the International Mining and Resources (IMARC) conference in Melbourne.
Alt Resources (ASX:ARS) is pleased to announce the completion of 1,489m of RC drilling at its Mt Roberts Gold Project, near Leinster, WA. Drilling focused on outlying targets to the south and east of the main Mt Roberts Workings.
Alt Resources Ltd (ASX:ARS) provides the Company's Quarterly Activities Report for the period ending 30th September, 2017.
Alt Resources Ltd (ASX:ARS) has made significant advances over the past year expanding our exploration activity and asset acquisition and has achieved this with limited cash reserves, optimising our assets and the cash investment in these assets.
Alt Resources Ltd (ASX:ARS) Exploration Update at Mt Roberts Gold Project, WA and Myalla Gold Project, NSW
Alt Resources Ltd (ASX:ARS) is pleased to announce that RC drilling has commenced at the highly prospective Mt Roberts Gold Project, near Leinster, WA. 22 RC holes have been planned, for a total of 1,700m.
Alt Resources (ASX:ARS) is pleased to announce that it has received a $546,000 tax incentive payment from the Federal Government, for Research and Development activities at its flagship Paupong Project in southern New South Wales. The incentive was awarded for innovations and advancement of geological knowledge in this under-explored and poorly understood geological province.
FINANCE VIDEO: Alt Resources Ltd (ASX:ARS) Geologist Dr Helen Degeling Interviewed at Diggers and Dealers 2017
Dr Degeling is an experienced Geologist with ten years gold and base metals exploration in the Pilbara, Yilgarn and Gawler cratons and the Mt Isa Inlier and the Lachlan Fold Belt.
Alt Resources Ltd (ASX:ARS) is pleased to inform the market of new target generation work at the Mount Roberts Gold Project near Leinster, WA. Re-processing and interpretation of detailed historical magnetic data has revealed a district-scale sequence of major parallel crustal-scale shear zones, with internal secondary mineralised splays.