Altan Rio Minerals Ltd. is pleased to announce the execution of the Option over the E77/2961. . Altan Rio Minerals completes the option to purchase 90% interest in large exploration license application located between Southern Cross and Bullfinch in Western Australia prospective for gold, nickel, and other commodities. Tenement has minimal sustained exploration for gold or nickel and contains numerous evidence of historic [...]
Altan Rio Minerals Ltd. announced that the TSX Venture Exchange suspended trading in the Company's securities effective May 6, 2022 as a result of a Cease Trade Order issued by the British Columbia Securities Commission for failure to file the Company's audited financial statements, management's discussion and analysis and related certifications for the financial year ended December 31, 2021 . The BCSC advises that a [...]
Altan Rio Minerals Ltd. announces that Paul Stephen has resigned as Chief Executive Officer, Director and Corporate Secretary with immediate effect. The Company is pleased to announce the appointment of Evan Jones as Interim Chief Executive Officer while the Company undertakes the process of identifying a permanent replacement for Mr. Stephen as Chief Executive Officer. Mr. Evan Jones previously held the position of [...]
Altan Rio Minerals Ltd. is pleased to announce that it has granted an aggregate of 5,000,000 stock options to certain directors, officers, consultants and employees of the Company in accordance with the Company's current equity incentive plan. Each Option is exercisable to acquire one common share of the Company at a price of $0.20 per Share. The Options have a four year term and expire on April 21, 2026. The Options [...]
Altan Rio Minerals Ltd. is pleased to announce it has closed a first tranche of its previously announced non-brokered private placement of units . The First Tranche raised gross proceeds of approximately C$927,226 through the sale of 7,726,885 units at a price of C$0.12 per Unit. Each Unit consisted of one common share of the Company and one Common Share purchase warrant , with each Warrant entitling the holder thereof to [...]
Highlights High Grade gold mineralisation recorded from recent RC drill program with intercepts of: 2m @ 28.51g/t Au from 164m within a broader mineralised zone of 13m @ 7.31g/t Au, and 3m @ 17.83g/t Au from 137m within a broader mineralised zone of 12m @ 6.72 g/t Au. Phase 4 RC drill program targeting Pilot depth extensions has now been completed with majority of assay results pending. Altan Rio Minerals Ltd. is pleased [...]
Altan Rio Minerals Ltd. announced today a non-brokered private placement of up to 12,500,000 units at a price of C$0.12 per Unit for gross aggregate proceeds of up to C$1.5 million . Each Unit will consist of one common share of the Company and one common share purchase warrant , with each Warrant entitling the holder thereof to purchase one Share for a period of 36 months from closing at a price of C$0.18 per Share. The [...]
Altan's 2022 program has commenced at Pilot with 11 holes to be completed for approx. 2500 metres and is expected to be completed over the next 2 weeks with assay results to follow Phase 4 RC drilling program will test targets immediately below the existing Pilot mine Site work for the drill site and clearing of the access roads for arrival of the rigs have been completed Altan also announced it has issued an aggregate of [...]
RC drilling program to re commence shortly to test targets immediately below the existing Pilot mine Phase 4 of Altan's 2021 program will be for approx. 1500 metres and expected to be completed mid-December with assay results to follow Site work for the drill site and clearing of the access roads for arrival of the rigs have been completed Phase 5 of the drilling program is scheduled for January 2022 Altan Rio Minerals[...]
Altan Rio enters binding option agreement to acquire 90% of "E" tenement covering a strategic ~115.9km2 land position in the Southern Cross Greenstone Belt Acquisition will increase landholding to ~140km2, a 489% increase in tenure along the Frasers Corinthian Shear Zone Altan Rio Minerals Ltd. is pleased to announce it is seeking to strengthen the Company's position by consolidating its foothold in the northern belt of [...]
Altan Rio Minerals Ltd. announces strike extensions to gold mineralisation at their pilot gold mine. Highlights: Strike length of Pilot mineralisation increased by 38% with intercepts of: 17m @ 1.33g/t Au from surface, and 1m @ 26.70g/t Au from 70m within broad anomalous zone of 9m @ 3.15g/t Au, and 6m @ 2.16g/t Au from 53m. Mineralisation confirmed beneath existing open pit with intercepts of: - 7m @ 2.87g/t Au from 140m [...]
Altan Rio Minerals Ltd. is pleased to announce a two-hole drilling program has been completed at the Aries prospect within the Southern Cross North Project in Western Australia. No exploration has been undertaken at Aries since 2005, where previous explorers had identified a 1 km x 400 m gold in bedrock gold anomaly beneath a 90 m thick recent sediment sequence. Importantly, the Aries prospect is some 1.6 kilometres north [...]
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