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Alt Resources Ltd (ASX:ARS) Amended Mt Ida - Quinns Mining Area Release
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 Alt Resources Limited (ASX:ARS) is pleased to provide the following drilling results from its Mt Ida, Quinns project area, located 90km north-west of Menzies in Western Australia's Northern Goldfields. All significant results from the Quinns RC drilling program can be seen in Table 1*.
Alt has completed a 3,726 metre RC drilling program which commenced Friday 21st February 2020 at the Mt Ida and Bottle Creek Gold Project. The Company completed the drilling program in 18 days with Company staff and Challenge Drilling delivering a consistent 207 metres of RC drilling per day.
The Company drilled several deposits and prospects during the recently completed RC program including 550 metres of RC at the Belvidere and Boudie prospects at the Quinn's Mining Area, 1702 metres of RC at the Bottle Creek project including the Southwark, Piantos Find, and Single Fin deposits plus an additional 1474 metres of RC drilling having been completed at the Shepherds Bush deposit (Figure 2*).
Quinn's Mining Area comprises the Boudie Rat and Forrest Belle shallow open pits with additional historical prospects Boudie West, Boudie Beach and Belvidere. Numerous workings exist along the Quinns mineralised trend with recent drilling results indicating the mineralised shears extend south along strike from the Boudie Rat open pit. Limited modern drilling has been conducted at the Quinns project area. Prospects drilled during this RC program can be seen in Figure 3* with cross sections AA - CC showing gold intersections can be seen in Figures 4-6*.
- All RC holes drilled during the Quinns Mining Area drilling program are contained in Table above. Significant Intersections contained in Table 1* have been reported using 0.3g/t Au cut-off grade and Data Aggregation Method. Significant intersections are calculated by aggregation of all assayed Au results per lineal metre divided by the number of metres intersected above the defined cut-off grade. No metal equivalent values have been used.
MT IDA AND BOTTLE CREEK RESOURCE ESTIMATE
The Mt Ida and Bottle Creek Gold Project now has a JORC 2012 global resource estimate of 10.5M tonne @ 1.54g/t Au, for 519,000oz Au and 5.6M tonne @ 21.1g/t Ag 3.78Moz Ag with a Measured and Indicated resource estimate of 5.3M tonne @ 1.89g/t for 322,200oz Au and 4.4M tonne @ 21.1g/t for 2.7Moz Ag. The Mt Ida and Bottle Creek resource estimate is shown in Table 2* and the location of the various Mt Ida and Bottle Creek gold project resource estimates can be seen in Figure 7.
The final assays from the RC drilling program have been received this week and the Company expects to deliver the results for drill programs from Bottle Creek and Shepherds Bush areas over the coming weeks.
*To view tables and figures, please visit:
https://abnnewswire.net/lnk/U29S57U6
Andrew Sparke
Executive Director
Email: andrew@altresources.com.au
Peter Nesveda
Investor Relations & Corporate Affairs
Mob: +61 (0) 412 357375
Email: peter@intuitiveaustralia.com.au
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