Alt Resources Ltd. wishes to provide the following update regarding a funding proposal announced to the market on 19th September 2019. As announced, the Company entered into a non-binding term sheet for a Convertible Note funding package with Collins Street Value Fund . The non-binding term sheet was subject to final long form documents and other [...]
During the year Alt Resources Ltd. has undertaken multiple exploration and resource drilling programs focussing on the Company's primary assets located in the northern goldfields of Western Australia at the Mt Ida and Bottle Creek Gold Projects and to a lesser extent at the New South Wales projects. Mt Ida and Bottle Creek are located 85 kilometres [...]
Alt Resources Ltd. is pleased to announce that it has executed a non-binding term sheet for a funding package via a partially redeemable Convertible Note Deed with Collins Street Value Fund . Highlights: - Alt Resources has executed a $4.5 million funding package on attractive terms; - Funds to be used to complete payment of the Bottle Creek Gold [...]
Alt Resources Ltd. is pleased to provide the following exploration update for operations at its Mt Ida and Bottle Creek Gold Projects incorporating the Bottle Creek, Quinn's and Mt Ida South project areas , located 90km north-west of Menzies in Western Australia's Eastern Goldfields. Alt will re-commence RC drilling at the Tim's Find and Shepherds [...]
Alt Resources Ltd. is pleased to provide an exploration update and results from Forest Belle and Pianto's project areas. Pianto's and Forrest Belle were the last areas tested by the Company during the recent RC drilling program at Mt Ida with 11 holes drilled at Forrest Belle and three holes drilled at Pianto's Find. The Pianto's Find prospect is [...]
Alt Resources Ltd. is pleased to provide an exploration update from drillholes SBRC006 and EMDD001 from Shepherd's Bush and Bottle Creek project areas. The Company recently completed RC drilling at the Mt Ida Gold Project across several prospects, as part of the program ten RC holes were drilled at the Shepherd's Bush prospect, with results [...]
Alt Resources Ltd. is pleased to advise that, further to its ASX announcement of 5 August 2019, the Company has now settled Tranche 1 of its $4m placement to investors qualifying under Section 708 of the Corporations Act 2001 via the issue of 85,000,000 shares. Alt Resources received $2,125,000 . These funds will be primarily used for the ongoing [...]
Alt Resources Ltd. is pleased to provide an exploration update from completion of 18 RC drillholes at the Shepherd's Bush and Spotted Dog prospects at Mt Ida South. The Company recently completed ~5,500 metres of RC drilling at the Mt Ida Gold Project across several prospects, announcing the Tim's Find results in July 2019. As part of the recent [...]
Alt Resources Ltd. is pleased to provide the following exploration update for operations at its Mt Ida Gold Project incorporating the Bottle Creek, Quinn's and Mt Ida South project areas , located 90km north-west of Menzies in Western Australia's Eastern Goldfields. The Company recently released a positive scoping study for the potential future [...]
Alt Resources Ltd. is pleased to announce that it has received firm commitments to raise $4,000,000 at $0.025 per share before costs. The share placement was oversubscribed showing exceptional support from investors. Placement DJ Carmichael Pty Limited acted as the sole Lead Manager for the placement, which is to be conducted over two tranches. The [...]
Alt Resources Ltd. is pleased to provide shareholders its Activity Report for the Quarter ending 30 June 2019. During this period, the Company has focussed on the Mt Ida Gold Project mining lease assets owned by the Company in particular to the Quinn's and Tim's Find mining leases undertaking comprehensive reviews of the historical data bases [...]
Alt Resources Ltd. is pleased to present the findings of a recently completed Scoping Study for a standalone gold operation at its Mt Ida Gold Project incorporating the Bottle Creek, Quinn's and Mt Ida South project areas , located 90km north-west of Menzies in Western Australia's Eastern Goldfields. The Scoping Study contemplates the development [...]