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Alt Resources Ltd.
Summary
| Project: | Mt Roberts | |
|---|---|---|
| Deposit: | Mt Roberts | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/6/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-11-2017: Alt Resources Ltd. announces an Exploration/Drilling Update report for its Mt Roberts deposit at the Mt Roberts project. Drilling results incl. 1m @ 9.84g/t Au from 78m. Alt Resources (ASX: ARS, the Company) is pleased to announce the completio | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Helen Degeling (Internal) | |
| ABSTRACT: | Alt Resources (ASX: ARS, the Company) is pleased to announce the completion of 1,489m of RC drilling at its Mt Roberts Gold Project, near Leinster, WA. Drilling focused on outlying targets to the south and east of the main Mt Roberts Workings. This drilling program brings the total metres drilled by Alt Resources at the project to 3,577m, which satisfies the earn-in requirements for 51% of the project, under the agreement with Mount Roberts Mining Pty Ltd1 . The Mount Roberts Gold Project is located 9 km northwest of Leinster (Figure 1) and 19 km northeast of the 3.8 Moz Agnew Gold Mine operated by Gold Fields Ltd. The project lies within the Agnew-Wiluna Greenstone Belt, which is host to several major gold deposits including the Agnew Gold Mine, Lawlers and Vivien, within or near the Agnew Gold Camp. The Company currently holds two mining leases at the Mt Roberts gold project (M36/279 and M36/341; Figure 1) through a farm-in agreement with Mount Roberts Mining Pty Ltd (MRM)1 . Alt has also recently reached an agreement with Montezuma Mining Ltd (MZM) to acquire the surrounding exploration licence application E36/84322 , substantially increasing the Company’s potential landholding in the area. The Company is required to finalise Native Title Heritage and Access agreements to expedite the final grant of E36/843 and is currently undergoing negotiations with the Native Title holders through their representatives with this aim. This expanded landholding enables the Company to take a whole system, district-scale approach to exploration. | |
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