PERTH, Australia, July 6, 2021 /CNW/ -- Altan Rio Minerals Limited
(AMO: TSX.V) announces strike extensions to gold mineralisation at
their pilot gold mine.
Highlights:
- Strike length of Pilot mineralisation increased by 38% with
intercepts of:
- 17m @ 1.33g/t Au from surface, and
- 1m @ 26.70g/t Au from 70m within broad anomalous zone of 9m @ 3.15g/t Au, and
- 6m @ 2.16g/t Au from 53m.
- Mineralisation confirmed beneath existing open pit with
intercepts of:
- 7m
@ 2.87g/t Au from 140m within a broad
anomalous zone of 29m @ 1.04g/t Au,
and
- 4m @ 6.65g/t Au from 159m within an overall intercept of 11m grading 3.31g/t Au, and
- 6m @ 2.32g/t Au from 138m within an overall intercept of 11m grading 1.71 g/t Au.
- Phase 3 RC drill program targeting Pilot strike extensions
completed with assay results pending.
Commenting on the results, Altan Rio CEO Mr Paul Stephen said:
"These are highly encouraging results which demonstrate the
potential along strike and below the Pilot pit. This vindicates the
Company's decision to focus on the Southern Cross greenstone belt,
a renowned gold producing region which still holds significant
potential for company-making gold discoveries.
To read full announcement visit: www.altanrio.com/news/
Qualified Person:
Mr. Neal Leggo, Principal
Geologist, CSA Global Pty Ltd, a member of the Australian Institute
of Geoscientists (MAIG) and an independent Qualified Person as
defined by National Instrument 43-101, is responsible for the
preparation of the technical content regarding the Southern Cross
North Project contained in this document. Mr. Leggo has reviewed
and approved the technical disclosure in this news release.
Altan Rio Minerals Limited (Altan
Rio) is a West Australian-focused gold exploration
company primarily focused on the Southern Cross Greenstone Belt, a
prolific gold producing region responsible for well in excess of 12
million ounces.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE Altan Rio Minerals Limited