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Alt Resources Ltd.
Summary
| Project: | Bottle Creek | |
|---|---|---|
| Deposit: | Southwark | |
| Location: | Australia | |
| Commodities: | Gold-Silver | |
| Date: | 12/14/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-12-2018: Alt Resources Ltd. announces an Exploration/Drilling Update report for its Southwark deposit at the Bottle Creek project. Drilling results incl. 16m @ 3.55g/t Au, 20g/t Ag from 36m. Alt Resources Ltd (ASX: ARS, Alt or ‘the Company’) is pleased | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dr Helen Degeling (Internal) | |
| ABSTRACT: | Alt Resources Ltd (ASX: ARS, Alt or ‘the Company’) is pleased to announce the final results from the 3 rd stage of RC drilling undertaken at the Bottle Creek Gold Project. The Company has now completed infill drilling at the Southwark deposit, extension drilling at the southern end of the Emu deposit, new drilling at the northern end of the VB pit and between the mined VB and Boags pits (Figure 1). The recent RC drilling program completed 74 RC drill holes for a total 5,560 metres at the Bottle Creek project covering ~500 metres of additional strike length further supporting the continuity and scale of this project. All areas drilled are outside of previously mined areas; with Southwark and Emu located approximately 4 km up strike to the north of the VB and Boags open pits as shown in Figure 1. All gold and silver assays have now been received for these drillholes completing the latest round of RC drilling results for this 3rd stage drilling at the Bottle Creek Gold Project. All significant assayed results are listed in detail in Table 1. New results will be incorporated into mineralisation wireframes over the coming months and included in an updated Bottle Creek resource estimate in the first quarter of 2019. Alt’s combined mineral resource Inventory now stands at 3.9 Mt @ 2.07 g/t Au, for 257,000 oz Au2 previously announced 18 October 2018. The 3rd stage RC drilling focused on four areas along the mineralised corridor; on the south end of the Southwark resource area, on the south end of the Emu resource area, at the north end of the VB Pit, and between the Boags and VB pits, (Figure 1). | |
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