The principal activity of Alt Resources Limited during the half-year was to continue the joint venture with GFM Exploration Pty Ltd with a view to facilitating the development of gold mining activities.
The company held a 70% interest in the Joint Venture at 31 December 2016 (31 December 2015: 70%).
No significant changes in the nature of the Company's activity occurred during the half year. The company has also continued to pursue and investigate the farm-in arrangements in relation to the Mount Roberts and Fiery Creek projects as announced.
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About Alt Resources Ltd
Alt Resources Limited (ASX:ARS) is an ASX-listed resources company currently focussed on exploration and development of its Western Australian and NSW based precious and base metals projects including the Bottle Creek Gold Mine, the Mt Roberts gold project, the Paupong IRG mineral system and the Myalla massive sulphide project. Alt is strategically expanding its portfolio of assets in Australia with a mandate to become a gold producer generating increased shareholder value.
Alt Resources Ltd