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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Highlights Results from RC drilling confirm High Grade Gold Mineralisation at the Historic Pilot Shallow Open Pit Mine with intercepts of: - 5 metres @ 13.93 g/t within an overall intercept of - 8 metres @ 9.65g/t, and - 1 metre @ 19.14 g/t within an overall intercept of - 4 metres @ 7.51 g/t, and - 7 metres @ 5.69 g/t within an overall intercept [...]
Altan Rio Minerals Ltd. announces that it has closed its previously announced private placement with European Bank for Reconstruction and Development. Pursuant to the Private Placement, the Company has issued to EBRD 16,666,000 common shares at $0.06 per share, for gross proceeds of $999,960. Following closing of the Private Placement EBRD holds [...]
Altan Rio Minerals Ltd. announces that it has now closed the debt settlement originally announced February 20, 2014. Pursuant to the settlement, the Company has issued a total of 20,346,555 common shares to settle debt in the total sum of $1,424,258.90 at a deemed price of $0.07 per share. Debt in the sum of $5,000 that was originally contemplated [...]
