Pursuant to the binding Terms Sheet with ASX listed Montezuma Mining Limited , Alt Resources is pleased to advise that it has completed the acquisition of E36/843 and paid Montezuma a cash payment of $4,465.00. Furthermore, 1.25M ARS shares were issued to Montezuma at an issue price of $0.04 cents. Alt will also pay Montezuma a Net Smelter Royalty of 1% for gold produced within the boundary of E36/843, excluding Alt's [...]
Continuing research and exploration activities by Alt Resources at the Paupong Project near Jindabyne in southern NSW, support the existence of a cluster of intrusion-related mineralisation systems across a large, 4+ km area within the Company's tenure. Furthermore, ongoing research has enabled a whole system view to be developed for the entire Paupong Project for the first time. As a result, exploration vectoring and [...]
Alt Resources is pleased to announce it has entered into a binding agreement with ASX listed Montezuma Mining Limited (Montezuma) (ASX:MZM) to acquire E 36/843. Under the Terms Sheet with Montezuma, Alt have agreed to a cash payment of A$4,465.00, will issue ARS shares to the equivalent of A$50,000.00 and pay Montezuma a Net Smelter Royalty (NSR) of 1% for gold produced within the boundary of E 36/843, excluding Alt's [...]
Alt Resources has been successful in its application for DMP approval for the planned resource and exploration drilling programs at the Mt Roberts Gold project near Leinster, WA (see Figure 1 in the link below). The next phase of activity will include a close-spaced resource drilling program at the Mt Roberts Workings, as well as testing satellite exploration targets elsewhere within the tenements. Key Points - RC [...]
Alt Resources is pleased to announce results from preliminary spot sampling from Windy Hill drillhole PDD017, which returned polymetallic mineralisation, with up to 184 g/t Ag, 4.09 % Pb, 1.04 % Zn and 478 g/t Bi and 1.16 g/t Au. These results strongly support the Company's Intrusion-Related Gold model for the Windy Hill and broader Paupong area. Key Points - Results received for PDD017 at Windy Hill -- 0.9m @ 0.8 g/t [...]
Alt Resources is pleased to announce the Norseman-Lake Cowan Project as a new acquisition to the Company's portfolio of assets. The Project comprises three strategically located exploration tenements; E63/1842, E63/1843 and E63/1849 (see Figure 1 in the link below). These three contiguous tenements lie on several of the most significant structural corridors of the Norseman Gold Field, including the Mission Fault, Mt [...]
Alt Resources is pleased to provide the Company's latest Quarterly Activities Report for the period ending 31 March 2017. Key Points: - A 1,583 m, 4 hole diamond drilling program at Paupong, NSW has been completed at the Windy Hill prospect, as part of the NSW Government New Frontiers Drilling Initiative o Assay results have been returned for the first two holes, with no significant results o Sampling and assaying of [...]
Alt Resources is pleased to announce that it has received a $512,000 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. The funds will be used to further exploration in the [...]
Canberra, Australia (ABN Newswire) - Alt Resources Ltd. (ASX:ARS) is pleased to provide the following exploration update and Corporate Strategy for the Mt Roberts gold project near Leinster, WA. A new program of exploration activity has commenced at the project, with detailed geological mapping and new target generation completed in March 2017. The next phase of activity will include a close-spaced resource drilling [...]
Alt Resources is pleased to provide the following exploration update for the Paupong Project, southern NSW. Diamond drilling at the Windy Hill prospect was completed on the 28th March, 2017. The drilling program tested greenfields intrusion-related gold targets, newly defined by Alt Resources in May 2016[1]. Key Points - The Company has completed 4 diamond drill holes for 1,629 metres at Paupong as part of the NSW [...]
The directors present their report on Alt Resources for the Period from 1 July 2016 to 31 December 2016. Principal activities The principal activity of Alt Resources 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 [...]
Alt Resources is pleased to provide an update to exploration activities at its Paupong, Myalla and Mt Roberts projects in NSW and WA. Key Points: - 2 diamond holes completed at Windy Hill with a third hole underway - IP and soil sampling surveys commenced at Lone Ranger - Planning underway for second round of RC drilling at the Mt Roberts gold project, WA, to complete Alt's 51% earn in - Diamond drilling to commence [...]
+1000,00 %
-91,67 %
