Alt Resources Ltd.: Mt Roberts Drilling Commenced
03.11.2016 | ABN Newswire
Canberra - Alt Resources Ltd. (ASX:ARS) ("Alt") is pleased to announce that drilling commenced on the 31st October at the highly prospective Mt Roberts-Cottee gold project, near Leinster, WA (see Figure 1 in the link below). 11 RC holes have been completed (639m) of a planned 29 hole (1,800m) program. Samples from the first 7 holes have been dispatched to Kalgoorlie for analysis. Assay results are anticipated to be available before the end of the month.Key Points:
- Drilling commenced at the Mount Roberts-Cottee Gold Project near Leinster, WA
- 11 holes completed of 29 hole program
- Preliminary assay results to be available within the month
The Mount Roberts-Cottee Project is located 9 km northwest of Leinster (see Figure 1 in the link below) and 19 km northeast of the 3.8 Moz Agnew Gold Mine (Gold Fields Ltd.). Planned drilling by Alt Resources will be primarily focussed on improving the density and level of confidence in historical drilling at the main zone of mineralisation at Mt Roberts-Cottee. This will include twinning some historical holes as well as performing infill drilling between sections. Significant results from historical drilling were described by Alt Resources in announcements on the 30th August 2016 and the 19th October 2016 (http://www.abnnewswire.net/lnk/S61ZP18N
and http://www.abnnewswire.net/lnk/5R1EFJEV).
About the Mount Roberts-Cottee Joint Venture
Alt announced on the 30th August 2016 that it had reached an agreement with Mount Roberts Mining Pty Ltd (MRM) to farm into the Mt Roberts-Cottee project (http://www.abnnewswire.net/lnk/RA96521U).
Under the agreement, Alt can earn up to an 80 % interest in the Mount Roberts Mining Project in stages by funding drilling and exploration activities, and making a cash payment. The Mount Roberts-Cottee project includes the mining leases M36/341 and M36/279, covering a total of 2.41 km2 of prospective ground.
To view the release, please visit:
http://abnnewswire.net/lnk/47T3BR2O
About Alt Resources Ltd:
Alt Resources Ltd. (ASX:ARS) is an Australian based mineral exploration company exploring the newly discovered Paupong IRG mineral system located in the south-east Lachlan Orogen in New South Wales. Alt retains a 70% interest in the Paupong and Myalla Projects with JV partner GFM Exploration Pty Ltd
Contact:
Alt Resources Ltd.
T: 1300-66-00-01 M: +61-406-069-243
E: info@altresources.com.au
www.altresources.com.au