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Alt Resources Announces Mt Ida and Bottle Creek Gold Projects Exploration Update

Mining News - Published on Wed, 11 Sep 2019

Image Source: menafn.com
Alt Resources Limited announced the following exploration update for operations at its Mt Ida and Bottle Creek Gold Projects incorporating the Bottle Creek, Quinn's and Mt Ida South project areas, located 90 kilometer north-west of Menzies in Western Australia's Eastern Goldfields. Alt will re-commence RC drilling at the Tim's Find and Shepherds Bush project areas on 16th September 2019. The Company has elected to fast track exploration drilling with the Challenge RC rig mobilising to site on the 16th. The Company has decided to bring the RC program forward and complete the next phase of drilling prior to the hotter part of the year and will drill an additional 2500 metres of RC at the Tim's Find and Shepherds Bush projects over the coming weeks.

The Company recently completed a Helicopter-borne Time-Domain Electromagnetic survey at the Bottle Creek and Shepherds Bush project areas using the New Resolution Geophysics Xcite system. NRG surveyed 284 line kilometres across the two project areas and the data is now being reviewed with interim data indicating the presence of stratigraphic conductors and some positive structural corridors for future exploration drilling.

The HTDEM data is being reviewed and final results will be announced to the market on completion. The Company is planning to use the EM data in conjunction with existing magnetic data, soil geochemistry and recent drilling to provide new drill targeting for the Mt Ida and Bottle Creek Gold Projects.

Source :

Posted By : Rabi Wangkhem on Wed, 11 Sep 2019
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