AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Alt Resources Ltd (ASX:ARS) over the Mt Ida Project is pleased to report collation and review of historical soil geochemistry has confirmed multiple untested golds in soil anomalies which warrant further investigation and follow up work.
During the later stages of 2018, since the completion of phase 3 RC drilling at Bottle Creek and as part of the ongoing exploration and development of the Bottle Creek and Mt Ida Gold Projects, the companyâs geologists spent several weeks digitizing historical soil geochemistry sampling undertaken by previous exploration companies across the Alt Mt Ida tenement package.
Through the Western Australian Department of Mines, Industry Regulation and Safety (DMIRS) WAMEX Mineral Exploration Reporting website the historical reporting is being obtained. Outside of the companyâs known and defined resources significant gold in soil geochemistry suggests the Mt Ida Project contains multiple gold prospects.
By Newcrest, La Mancha and Wild Acre Metals who completed several large-scale regional soil grids over much of the Mt Ida project which Alt has spent the past two months compiling into a regional soil survey map, much of the Mt Ida tenure has undergone surface geochemical sampling. With selected areas using sieved soils, the soil sampling has been completed at various grid spacing and is dominated by auger sampling.
The gold in soil trends and areas of interest by project area, being the Quinns, Mt Ida South, and Bottle Creek South projects. Alt has scheduled first pass RC drilling to commence in late April 2019 and is currently preparing Program of Works (POWâs) for drilling approval in order of priority on targets identified. Alt Resources Ltd (ASX:ARS) traded down by -3.333% at a market price of $0.029 as at January 16, 2019.
Gold Intersection for Thomson Resources Limited at Harry Smith Prospect
30km south of Ardlethan, NSW, at the Harry Smith gold project, Thomson Resources from its first four holes drilled in December 2018 is happy to announce that it has received highly encouraging gold assays.
Drilled during last year, these two holes (HSRC008 and HSRC009) were drilled 130m south of the Golden Spray, workings at the Silver Spray lode.
With minor sandstone, both holes intercepted strongly streaked schist and siltstone. From HSRC009 grading 38 g/t Au gold grade in individual meters was highly variable with the meter sample screening potential for high-grade shoots within the lower grade envelopes.
Following on from five holes drilled in 2018, Thomson drilled nine holes for 833m at the Harry Smith project in December 2018. HSRC004 was the prominent hole from the first drilling campaign which seized 54m at 1.0 g/t Au at the Golden Spray workings. The First four drill holes return including 9m at 9.2 g/t Au a high-grade gold. Thomson Resources Limited (ASX:TMZ) traded flat at a market price of $0.029 as at January 16, 2019.
Disclaimer
This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.