InvestSMART

Altair Minerals Limited (ASX:ALR)

ALERT: Price-sensitive ASX Announcement for ALR
Current share price for ALR : $0.032 0.01 (45.45%)+
Announcement
Release
26 Mar 2026 8:32AM
Price at Release
$0.022
Full Release
download
Summary
Altair Minerals Limited has reported on the completion of a ground gradient array Induced Polarization (IP) survey at the South Oko (SOKO) prospect, which has successfully delineated the extension of the Oko Shear Contact. This survey has identified prominent chargeability and resistivity anomalies that coincide with geochemical peaks, enabling the definition of high-priority drill targets. The report highlights multiple distinct chargeability targets, including W1-C, W3-C, W2-C, and W4-C, characterized by high chargeability 'sandwiched' between lows, suggesting potential gold-bearing sulphide units. The results affirm the continuation of the main structural corridor hosting significant gold deposits, enhancing the confidence in drill targeting. The exploration efforts are part of Altair's strategy to develop the Greater Oko area into a district-scale asset capable of multiple significant gold discoveries.
Key Points
  • Completion of IP survey at SOKO delineates Oko Shear Contact extension.
  • Identification of chargeability and resistivity anomalies aligning with geochemical peaks.
  • Definition of priority drill targets at W1-C, W3-C, W2-C, and W4-C.
  • Continuation of main structural corridor hosting significant gold deposits.
  • Strategy to develop Greater Oko into a district-scale asset with multiple gold discoveries.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.