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Altair Minerals Limited (ASX:ALR)

ALERT: Price-sensitive ASX Announcement for ALR
Current share price for ALR : $0.039 0.004 (11.43%)+
Announcement
Release
17 Jun 2026 9:47AM
Price at Release
$0.035
Full Release
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Summary
Altair Minerals Limited has announced significant advancements in their exploration activities at the South Oko ('SOKO') and North Peters ('NP') sites. The SOKO auger program has confirmed gold enrichment in the regolith profile, extending the W1 geochemical target by approximately 250 meters, with auger results showing up to 7x gold enrichment compared to surface soils. The regional and extensional soil sampling program has been expanded, with additional camps established to support field operations. At North Peters, a potential structurally controlled mineralised system has been identified, with plans to commence diamond drilling following the wet season. Two key structures—a mineralised and a high-grade controlling thrust—have been identified, offering new regional exploration targets.
Key Points
  • Altair Minerals Limited focuses on the SOKO and North Peters sites.
  • The SOKO auger program confirms significant gold enrichment.
  • W1 geochemical target is extended by ~250m with auger results.
  • Regional and extensional soil sampling program expanded at SOKO.
  • Two additional temporary camps established to support field programs.
  • North Peters reveals a potential structurally controlled mineralised system.
  • Plans to commence diamond drilling shortly after the wet season.
  • Two key structures identified: a mineralised and a high-grade thrust control.
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.