Overview

Altan Rio has recently conducted a two-hole diamond drill program at the Aries prospect, a granted co-funded EIS submission with the Western Australian Government.

Previously, Sons of Gwalia conducted regional air-core drilling in areas of deep alluvial cover at the prospect, initially on 400 metres by 80 metres and infill to 200 metres by 40 metres spacing.

This drilling defined a 1,000-metre x 400 metre gold-in-bedrock anomaly (>0.1 g/t Au) located beneath thick transported cover.

Follow-up drilling by previous explorers has only partially tested the target area. A three-hole diamond drilling program was targeted into this extensive anomaly.

The best intercept returned from this drilling was 12 metres grading at 4.51 g/t from 201 metres (including 1 metre at 21.4 grams per tonne gold from 203 metres) from drill hole SXD544, highlighting the potential of the area.