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Altura Mining Ltd.

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Summary

Project:

Pilgangoora

Deposit:Cleopatra
Location:Australia
Commodities:Gold
Date:4/26/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:26-4-2019: Altura Mining Ltd. announces an Exploration/Drilling Update report for its Cleopatra deposit at the Pilgangoora project. Drilling results incl. 4.0m @ 0.27g/t Au from 35.0m. Altura Mining Limited (ASX: AJM) is pleased to announce it has complet
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Stephen Barber (Internal)
ABSTRACT:Altura Mining Limited (ASX: AJM) is pleased to announce it has completed an initial round of exploratory drilling as a follow up to a geophysical survey utilising the induced polarization (IP) method at its Cleopatra Prospect. The Company also undertaken field work at the nearby Hazelby Prospect which has identified a copper-gold-silver target. The geophysical survey was carried out by Vortex Geophysics and the results were analysed by Core Geophysics. The drilling was carried out by Egan Drilling and was supervised by Altura’s Exploration Geologists. CLEOPATRA PROSPECT (E45/2363 Tenement) The Cleopatra Prospect is located within Altura’s E45/2363 tenement, approximately 3.5 kilometres southeast of the Altura Lithium Mine, as seen in Figure 1 (overleaf). Dipole-Dipole Induced Polarisation (DDIP) surveying was carried out in September 2018 over wide spaced lines at the Cleopatra Prospect (see Figure 2). The purpose of the survey was to detect and delineate potential responses associated with known gold anomalies discovered from surface sampling banded quartz veins and breccias. The results showed the area was dominated by conductive weathered overburden. Nine near surface anomalies were identified and required further investigation. In February 2019, twelve (12) exploration reverse circulation or RC drill holes, totalling 684m were completed within the Cleopatra Prospect (see Figure 3). These holes were geologically logged by Altura Geologists and the quartz vein intersections were sampled and assayed. A total of 563m was sampled and 647 samples (these included 28 duplicate, 28 blank and 28 CRM samples) were collected for lab analyses by Intertek. Table 1 lists the completed drill hole

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