Overview

The GPN target is a 1.5km long litho-structural corridor. Located immediately west of the Aries target.

The target has been identified from an aeromagnetic dataset and is interpreted to contain the extensions of the Golden Pig stratigraphic horizon.

Wide-spaced drilling (+400 metres line spacing) intersected sheared mafic/BIF lithologies similar to Golden Pig stratigraphy with recorded intercepts of 3 metres at 2.05 g/t from 57 metres in drillhole PBC041 and 1 metre at 1.3g/t from 22 metres in drillhole PBC051.

Altan Rio is proposing to undertake a 1,500 metre RC drilling program to further investigate this prospective corridor.