Alt Resources Ltd (ASX:ARS) is pleased to provide the latest exploration results from the 18 RC holes drilled at the Shepherd's Bush prospect located at the Mt Ida South project during December 2019Ltd (ASX:ARS) Shepherds Bush Intercepts Multiple Broad Gold Zones.
Alt Resources Ltd
Alt Resources Limited (ASX:ARS) 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. The Company's portfolio of assets includes the newly acquired Bottle Creek gold mine located in the Mt Ida gold belt in South Central WA 95km north west of Menzies, the Paupong IRG Au-Cu-Ag mineral system in the Lachlan Orogen NSW, Myalla polymetallic Au-Cu-Zn project east of Dalgety in NSW and the Mt Roberts gold project located near the town of Leinster in WA.
Alt Resources, having acquired historical and under-explored tenements in the Mt Ida Gold Belt, aims to consolidate the historical resources, mines and new gold targets identified within the region. Potential at Mt Ida exists for a centralised production facility to service multiple mines and to grow the Mt Ida Gold Belt project to be a sustainable and profitable mining operation.
Alt Resources Ltd (ASX:ARS) has executed a Binding Terms Sheet to acquire 100% interest in tenement E29/991 from Mr Bruce Legendre. The tenement is located adjacent to Alt's tenement E29/969 and consolidates the Company holdings in the southern end of the Mt Ida South project area.
Alt Resources Ltd (ASX:ARS) is pleased to announce completion of an additional ten RC drill holes for 755 metres at the VB North prospect at the Bottle Creek Gold Project. The drill rig has now moved to the Shepherds Bush prospect to complete the final RC drilling program for 2019.
Alt Resources Ltd (ASX:ARS) has grown its Resource base at Mt Ida to 406,000oz Gold and 3,780,000oz Silver. The Company has recently drilled 149 RC holes for 7,586m and 5diamond holes for 859m.
Alt Resources Ltd (ASX:ARS) is pleased to provide shareholders its Activity Report for the Quarter ending 30 September 2019.
Alt Resources Ltd (ASX:ARS) is pleased to advise that it has executed a non-binding Term Sheet with Blue Cap Mining Pty Ltd for the development of mining operations at the Tim's Find Gold Project contained within the Company's Mount Ida and Bottle Creek Gold Projects.
Alt Resources Ltd (ASX:ARS) is pleased to announce it completed 21 RC drill holes for 1040 metres at the Bottle Creek Gold Project. The holes were drilled five hundred metres up-strike to the north of the historic VB open pit
Alt Resources Limited (ASX:ARS) (the Company) wishes to provide the following update regarding a funding proposal announced to the market on 19th September 2019.
During the year Alt Resources Ltd (ASX:ARS) has undertaken multiple exploration and resource drilling programs focussing on the Company's primary assets located in the northern goldfields of Western Australia at the Mt Ida and Bottle Creek Gold Projects and to a lesser extent at the New South Wales projects.
Alt Resources Limited (ASX:ARS) is pleased to announce that it has executed a non-binding term sheet for a funding package via a partially redeemable Convertible Note Deed (Notes) with Collins Street Value Fund.