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ALTERA RESOURCES

Altera Resources is targeting Broken Hill Type (BHT) SEDEX sulphide mineralisation.

The Directors and their technical team have a track record of successful discoveries in the exploration industry and will focus on maximising value for the exploration drilling dollars. 

The Company has the ability to engage both reverse circulation and diamond drill rigs for early drill testing of the targets outlined within the Project area.  

 The Company will also seek to pursue complementary opportunities with the potential to add value.

Potential New Base Metal Discovery in the Gascoyne Province 

  • Results of up to 2.3% Pb and 0.9% Cu returned from first pass RC drilling at the Gascoyne Base Metal Project, has proven the Company’s geological model of base metal mineralisation being associated with coincident soil geochemistry and “thumbprint” magnetic anomalies. •
  • Drilling has defined two areas of base metal mineralisation 9 km apart. Mineralisation remains open in all directions.
  • 1. Area 1 – Base metal mineralisation outlined over 100m strike length.
  • 2. Area 2 - anomalous Zn values of up to 0.17%.
  •  An Induced Polarisation (IP) survey covering an area of 300 m X 400m at Area 1 is expected to outline conductors representing base metal mineralisation at depth. Conductors identified by the IP survey will be tested by a program of RC and or diamond drilling. The IP survey is expected to commence by the end of June Quarter 2008.
  •  A number of “thumbprint” magnetic anomalies have yet to be explored by systematic soil geochemistry within the project area.

 

 

 

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