Alt Resources Ltd (ARS) - ASX Release

Tim’s Find intercepts further high-grade gold at Mt Ida Gold Project


Highlights

  • ~3,000m drilled at Tim’s Find with results for 53 of 73 RC drillholes reported herein.

  • Significant intercepts including:

    • 2m @ 32 g/t Au, including 1m @ 62.9 g/t Au from 26 metres

    • 2m @ 19.95 g/t Au from 42 metres

    • 4m @ 9.6 g/t Au from 17 metres

    • 9m @ 5.73 g/t Au, including 3m @ 12.42 g/t Au from 4 metres

    • 11m @ 4.86 g/t Au, including 2m @ 24.68 g/t Au from 22 metres

    • 14m 4.34 g/t Au, including 1@ 25.9 g/t Au and 1@ 30.4 g/t Au from 8 metres

    • 17m @ 3.6 g/t Au, including 6m @ 9.15 g/t Au from 18 metres

    • 13m @ 2.35 g/t Au, including 5m @ 4.35 g/t Au from 32 metres

Figure 1: Challenge Drilling at Tim’s Find Mt Ida Gold Project

Figure 1: Challenge Drilling at Tim’s Find Mt Ida Gold Project

 

Alt Resources Ltd (ASX: ARS, Alt or ‘the Company’) is pleased to provide an exploration update from completion of 73 RC drillholes at the Tim’s Find project area. The Company has recently completed approximately ~3000 metres of RC drilling at Tim’s Find project area, announcing the initial results for the first 20 RC holes from the area on 3rd July 20191. Positive gold results have now been received from 63 of the 73 holes drilled at Tim’s Find with all significant results from drillholes displayed in Table 1 below.


The information contained has been prepared by third parties. No warranty of accuracy or reliability is given in relation to any advice or information contained in this document and no responsibility for any loss or damage whatsoever arising in any way for any representation, act or omission, whether express or implied (including responsibility to any persons by reason of negligence), is given by DJ Carmichael Pty Limited or any officer, agent or employee of DJ Carmichael Pty Limited.