Alt Resources Limited (ASX: ARS) “Alt” is an Australian based mineral exploration company. The Company’s portfolio of assets includes the Paupong IRG Au-Cu-Ag mineral system, Myalla polymetallic Au-Cu-Zn project and the Fiery Creek Au-Cu project in the Lachlan Orogen NSW and the Mt Roberts Cottee Au project west of Leinster in WA.
The Company owns a 70% interest in the Paupong and Myalla projects located NSW. Alt recently entered into a JV to acquire an 80% interest in the Fiery Creek gold project from Ironbark Zinc Limited. Fiery Creek is located 80 kilometres north-east of the Paupong project in NSW. Alt has also entered into a JV to acquire an 80% interest in the Mt Roberts Cottee gold project, 15km north of the Ramelius Vivien gold deposit in WA.
Deep drilling targets have been identified at Paupong, where the Company is the recipient of the NSW New Frontiers Cooperative Drilling grant for greenfield exploration. Alt was awarded the maximum amount of $200,000 (direct drilling costs) to test theintrusion-related Au-Cu-Ag system at Paupong. The Company has defined a strong pipeline of significant exploration targets at Paupong with approved drilling ongoing to 2017.