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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
