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Alt Resources Ltd.
Summary
| Project: | Bottle Creek | |
|---|---|---|
| Deposit: | Southwark | |
| Location: | Australia | |
| Commodities: | Gold-Silver | |
| Date: | 10/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-10-2018: Alt Resources Ltd. announces an Exploration/Drilling Update report for its Southwark deposit at the Bottle Creek project. Drilling results incl. 8m @ 6.37g/t Au from 68m. Alt Resources Ltd (ASX: ARS, Alt or ‘the Company’) is pleased to announc | |
| 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 initial results from the 3 rd phase RC drilling program undertaken at the Bottle Creek Gold Project. Recent RC drilling at the south end of the Southwark deposit covered 150 metres of additional strike length. With grades up to 21.1 g/t Au1 and 926.0 g/t Ag2 in individual samples, the results continue to support the continuity of gold + silver mineralisation between Southwark and Emu. Southwark is un-mined gold deposit that lies approximately 4 km north along strike from the VB and Boags open pits (Figure 1). Alt recently drilled an additional 20 RC drill holes at Southwark (SWKRC045 to SWKRC064) as part of a third phase of resource drilling, for 1,559m. This completes the current round of resource drilling at the Southwark deposit. All significant assayed results are listed in detail in Table 1. Based on these and previous results for Southwark3 , mineralisation appears to be widening with depth, whilst maintaining medium to high grade gold values. | |
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