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Company News
Alt Resources pre-feasibility study confirms financial viability of WA gold projects
Alt Resources (ASX: ARS) has reported a pre-feasibility study (PFS) confirms the technical and financial viability of its plans for a 750,000 tonne-per-year mining operation and processing plant at its Mt Ida and Bottle Creek gold project in the northern goldfields of Western Australia. The study shows production with an all-in sustaining cost of $1,396 […]
Aurenne scoops up Alt Resources’ shares on-market at discount to off-market takeover offer
As part of its takeover of Western Australian gold explorer Alt Resources (ASX: ARS), private entity Aurenne Ularring has upped its stake to 15.24% after scooping up shares on-market in the explorer earlier this month. Aurenne revealed today that on the 3 June it had made an on-market purchase of additional securities in Alt at […]
Alt Resources receives takeover offer from private investment group
Gold explorer Alt Resources (ASX: ARS) has become the subject of an off-market takeover offer by private Australian company Aurenne Group Holdings Pty Limited. The all-cash offer would be at a consideration price of $0.0505 per Alt share including shares issued upon the exercise of existing unlisted options. It would also include 29,127,000 Alt shares […]
Alt Resources’ Bottle Creek produces more shallow high-grade gold intersections
Alt Resources’ (ASX: ARS) Bottle Creek gold asset in Western Australia has continued to give up the goods, with drilling returning numerous shallow high-grade gold intersections. More than 1,700m of drilling was completed across the project’s Southwark, Pianto’s Find and Single Fin prospects, with all areas returning shallow intersections comprising high-grade gold intervals. Better results […]
Alt Resources advances Tim’s Find further with mine plan lodgement
Alt Resources (ASX: ARS) has continued with its plans to fast-track the Tim’s Find deposit within its Mt Ida and Bottle Creek project after lodging the deposit’s stage one mine plan with the Western Australian Department of Mines Industry Regulation and Safety. Tim’s Find already lies within an existing mining lease and was granted clearing […]
Alt Resources builds confidence in Mt Ida and Bottle Creek gold project with latest resource update
Gold explorer Alt Resources (ASX: ARS) has firmed up the potential of its Mt Ida and Bottle Creek project in Western Australia by boosting its contained gold and silver resources even further. This is the fifth resource upgrade to the project which adds an extra 52,300 ounces of gold and 600,000oz silver to the project’s […]
Alt Resources to debut maiden reserve and PFS despite COVID-19 challenges
Gold explorer Alt Resources (ASX: ARS) continues to find unique ways to meet its goals with a pre-feasibility study and maiden ore reserve on track for delivery next month, despite interruptions caused by the global COVID-19 pandemic. As with all other mining, exploration and oil and gas companies globally, government COVID-19 directives have impacted Alt, […]
Alt Resources hits shallow high-grade gold as the metal’s price nudges A$2,680/oz
Alt Resources (ASX: ARS) has reported a sequence of high-grade gold intersections from depths as shallow as 12m at its Western Australian Mt Ida and Bottle Creek project. The company has completed a program of 48 reverse circulation (RC) holes at the Mt Ida and Bottle Creek deposits. Thirteen holes returned high-grade gold, all from […]
Alt Resources locks-in binding mining services agreement with Blue Cap for Tim’s Find
Alt Resources (ASX: ARS) has cemented a mining service agreement with Blue Cap Mining with the duo now inking a binding term sheet to develop and mine the Tim’s Find deposit within Alt’s wider Mount Ida gold project in Western Australia. Today’s binding term sheet follows a non-binding agreement between the companies in October last […]
Alt Resources fast-tracks Mt Ida and Bottle Creek drilling
Aspiring gold miner Alt Resources (ASX: ARS) has accelerated its drilling program at the Mt Ida and Bottle Creek gold projects in Western Australia’s northern goldfields ahead of a completed pre-feasibility study. Contractor Challenge Drilling mobilised a rig to site last Thursday and Alt’s 3,500m reverse circulation (RC) drilling program began on the Friday and […]
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