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Alt Resources Ltd.

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Summary

Project:

Mt Ida

Deposit:Shepherds Bush
Location:Australia
Commodities:Gold
Date:1/16/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:16-1-2020: Alt Resources Ltd. announces an Exploration/Drilling Update report for its Shepherds Bush deposit at the Mt Ida project. Drilling results incl. 104m @ 1.0g/t Au from 32m. Alt Resources Ltd (ASX: ARS, Alt or ‘the Company’) is pleased to provide
Resources:(Resource, Total): 6.8Mt @ 1.9g/t Au, 21.1g/t Ag at Mt Ida
CP/QP:[Overall Report]: Todd Axford (GEKO-Co Pty Ltd.)
ABSTRACT:Alt Resources Ltd (ASX: ARS, Alt or ‘the Company’) is pleased to provide the latest exploration results from the 18 RC holes drilled at the Shepherd’s Bush prospect located at the Mt Ida South project during December 2019 with significant intercepts shown in Table 1. The Company completed an 11-hole RC drilling program in July 2019 for a total of 1140 metres at the Shepherds Bush prospect, validating historical holes drilled by La Mancha Resources with results of the drill program announced to the market on 6th August 20191. As a follow up to the July 2019 Shepherds Bush program Alt completed a further 18-hole RC, 1960 metre, RC drill program at the prospect in December 2019. This additional drilling infilled and extended, south, the previous drilling (Figure 2). The significant results from both the July and December RC programs are shown in Table 1 with holes SBRC001 through SBRC011 having previously been reported in August 2019. The total number of metres drilled to date is 3,100. The location of all RC holes drilled at the Shepherds Bush prospect can be seen in Figure 2. Figures 3-5 are cross sections showing the geology along with gold intercepts, the section locations are included below on Figure 2.

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