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Alt Resources Ltd.

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Summary

Project:

Mt Ida

Deposit:Tims Find
Location:Australia
Commodities:Gold
Date:10/30/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:30-10-2019: Alt Resources Ltd. announces an Exploration/Drilling Update report for its Tims Find deposit at the Mt Ida project. Drilling results incl. 16m @ 6.08g/t Au from 5m. Alt Resources Ltd (ASX: ARS, Alt or ‘the Company’) is pleased to provide resul
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Todd Axford (GEKO-Co Pty Ltd.)
ABSTRACT:Alt Resources Ltd (ASX: ARS, Alt or ‘the Company’) is pleased to provide results from the Tim’s Find RC drilling program completed in September 2019. The Company completed 43 RC drillholes for 2,140 metres during the recent drilling program at Mt Ida Gold Project with all results shown in Table 1. Both the north and south zones drilled during the September RC program are outside the exisiting resource envelope, as seen in Figure 2. These positive results have confirmed mineralisation extending 150 metres to the north and 250 metres to the south of the existing gold resource, with the mineralisation open up and down strike. Consistent with the Company stragey to commence toll treatment mining operations at Tim’s Find announced to the market on the 23rd October1 the newly confirmed mineralisation at Tim’s Find will be optimised in the coming weeks for inclusion in the planned mining schedule. The Tim’s Find potential open pit locations are shown in Figure 3.

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