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Altair Minerals Limited (ASX:ALR)

ALERT: Price-sensitive ASX Announcement for ALR
Current share price for ALR : $0.034 -0.006 (-15%)+
Announcement
Release
1 Jun 2026 8:58AM
Price at Release
$0.040
Full Release
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Summary
Altair Minerals Limited has appointed Simon Bolster as a Technical Advisor to support the Greater Oko Project with his extensive experience in regolith geochemistry and remote sensing. The company aims to leverage Bolster's expertise and the detectORETM technology, which he co-founded, to enhance their exploration efforts. This includes refining drill targets and accelerating exploration through rapid gold assay turnaround times. The appointment is strategic for Altair as they advance geochemical programs and target generation along the Oko Shear. Bolster's role is set with an initial 12-month period, focusing on assisting in effective, data-driven exploration strategies.
Key Points
  • Altair Minerals Limited appointed Simon Bolster as Technical Advisor for the Greater Oko Project.
  • Simon Bolster has over 30 years of experience in regolith geochemistry and remote sensing.
  • His appointment aims to accelerate low-cost, data-driven exploration across the Greater Oko Project.
  • Bolster co-founded Portable PPB and commercialized detectORETM, a technology for rapid gold assay results.
  • Altair plans to use detectORETM for faster and larger-scale geochemical coverage in their projects.
  • To date, only 3km of the Oko Shear has been tested, with 12km remaining untested.
  • Bolster's expertise is expected to refine drill targets and improve interpretation of geochemical signatures.
  • His appointment is effective immediately for an initial period of 12 months.
  • Simon Bolster's options include a total of 15,000,000 shares vesting over 24 months.
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.