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Alt Resources Ltd.
Summary
| Project: | Mt Ida | |
|---|---|---|
| Deposit: | Mt Ida | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/29/2019 | |
| Report Code: | JORC | |
| Report Type: | Scoping Study | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-7-2019: Alt Resources Ltd. announces a Scoping Study report for its Mt Ida deposit at the Mt Ida project. Scoping study results for Mt Ida project. ALT Resources Limited (ASX: ARS, Alt or the Company) is pleased to present the findings of a recentl | |
| Resources: | ||
| CP/QP: | [Resources]: Michael Edwards (Not stated) | |
| ABSTRACT: | ALT Resources Limited (ASX: ARS, Alt or the Company) 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 (Mt Ida or Project), located 90km north-west of Menzies in Western Australia’s Eastern Goldfields. The Scoping Study contemplates the development of an open pit mining operation with the construction of a stand-alone 500,000 tonne per annum ore processing facility with the results demonstrating a project that is financially robust and has strong project fundamentals with low technical risk. The positive Scoping Study provides the Company with confidence to advance the project through to a detailed Feasibility Study whilst maintaining its approach to ongoing drilling operations to continue growing the Mt Ida Mineral Resource and target potential new discoveries. | |
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