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 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 Ltd