December 2016 Activities Report
December 2016 Activities Report

Canberra, Jan 25, 2017 AEST (ABN Newswire) - Alt Resources Ltd (googlechartASX:ARS) is pleased to provide the Company's Quarterly report for the period ending 31st December 2016.

Highlights:

- A 2,088m RC drilling program at Mount Roberts, WA, revealed high grade gold mineralisation, up to 67.4 g/t Au

- Significant intercepts from Mount Roberts include:

o MRRC0003: 3m @ 28 g/t Au, including 1m @ 67.4 g/t Au

o MRRC0008: 1m @ 20.3 g/t Au

o MRRC0009: 1m @ 24.4 g/t Au, and 4m @ 7.96 g/t Au, including 2m @ 13.75 g/t Au

- Results confirm high grade mineralisation beneath Mt Roberts workings

- First drilling results from an extensive gold soil anomaly south of Mount Roberts highlight a significant, newly identified mineralised structure, named Rum Punch

- Significant intercepts from Rum Punch include:

o MRRC0014: 1m @ 1.20 g/t Au 1m @ 3.57 g/t Au

o MRRC0015: 1m @ 0.97 g/t Au

o MRRC0021: 1m @ 0.99 g/t Au

o MRRC0032: 7m @ 1.66 g/t Au

- Diamond drilling commenced at Windy Hill, Paupong, NSW, testing combined magnetic, IP, geochemical and geological Intrusion-Related Gold targets

OVERVIEW

Australian-focussed base and precious metals explorer Alt Resources Ltd (googlechartASX:ARS) ("Alt or the Company") focussed on drilling activities at its Western Australian and New South Wales projects during the Quarter (see Figure 1 in the link below). A 2,088m RC drilling program was completed at the Mount Roberts-Cottee Project near Leinster. This program aimed to confirm historical drilling results and target extensions to known mineralisation beneath a series of oxide workings. High grade gold results were returned from this drilling program, including 1m @ 67.4 g/t from 19m in drillhole MRRC0003. An un-drill tested gold-in-soil anomaly south of Mount Roberts also returned encouraging results, confirming the existence of a significant new mineralised system in the south of the area.

Diamond drilling has also re-commenced at the Company's flagship Paupong Project in southern NSW. A minimum of 7 holes, for 2,000m, are planned across the Windy Hill area which the Company has defined as a significant Intrusion-Related Gold (IRG) target through comprehensive geophysical, geochemical and geological investigation1. One hole has been completed thus far, and assay results are pending.

To view the full report, please visit:
http://abnnewswire.net/lnk/6E9ELT90


About Aurenne Alt Resources Pty Ltd

Aurenne Alt Resources Pty Ltd is an Australian based mineral exploration company that aims to become a gold producer by exploiting historical and new gold prospects across quality assets and to build value for shareholders.

abnnewswire.com 


Contact

Andrew Sparke
Executive Director
Email: andrew@altresources.com.au

Peter Nesveda
Investor Relations and Corporate Affairs
Mob: +61 (0) 412 357375
Email: peter@intuitiveaustralia.com.au



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 10) (Last 30 Days: 27) (Since Published: 3610)