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Altair Minerals Limited (ASX:ALR)

ALERT: Price-sensitive ASX Announcement for ALR
Current share price for ALR : $0.030 -0.009 (-23.08%)+
Announcement
Release
18 May 2026 8:40AM
Price at Release
$0.039
Full Release
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Summary
Altair Minerals Limited, traded on the Australian Securities Exchange under the ticker ALR, announced significant findings from their exploration activities at the SOKO site. The SOKO exploration returned gold assays of up to 35 grams per tonne, strengthening the targets for upcoming drilling activities. The ground magnetics survey and Pole-Dipole Induced Polarization (PDP) survey revealed a structurally complex system with significant chargeability structures, indicating potential large-scale sulphide bodies. These findings support the presence of a prospective orogenic gold system within the Oko Shear zone, playing a key role in the planning and targeting of future exploration activities.
Key Points
  • SOKO exploration returns gold assays of up to 35 g/t.
  • Significant chargeability structures identified in Pole-Dipole IP survey.
  • Potential large-scale sulphide bodies inferred at SOKO.
  • Ground magnetics survey reveals complex structural interactions.
  • Exploration supports presence of a prospective orogenic gold system.
  • SOKO forms part of Altair Minerals' 15km exposure along Oko Shear.
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.