More Zinc Interserctions at Altair

Highlights 

• Follow-up drill program of eight holes to evaluate the significant zinc-copper intercept of 55m @ 3.3% Zn and 0.5% Cu from 184m, including 9m @ 6.7% Zn and 1.0% Cu from 213m in hole ALDD0021 at Altair has been completed.
• Assay results have been received for the first four holes, with significant zinc-copper intercepts including:
  • 39.0m @ 2.34% Zn and 0.48% Cu from 160.0m in ALDD004.
  • 35.0m @ 2.64% Zn and 0.52% Cu from 251.0m in ALDD006.
• Both drill intercepts exhibit the same geological and geochemical hallmarks of a polymetallic, hydrothermal VHMS/SEDEX mineralising event that was evident in ALDD002.
• Additional drilling is planned for early 2019 to test for extensions to the Altair mineralisation along strike and down plunge of the mineralisation defined to date.
• Geophysical surveys will also commence in early 2019, initially targeting the priority 5km zone between Altair and the Mensa Prospect.

Non-Executive Chairman, Peter Harold, said “we are excited to report additional significant zinc-copper intercepts from the first four holes of the eight-hole Altair follow-up drill program. Assays for the remaining four holes are eagerly awaited. This drilling program has improved our understanding of the orientation of this exciting new discovery and has provided us with clear vectors to chase potential extensions. The exploration team is preparing plans to continue drill testing Altair in the new year as well as commence regional base metal exploration along strike from Altair”.

Details of the announcement - please click here