Altair Resources Inc. is a company engaged in the acquisition, exploration and development of mineral properties, with a primary focus on gold and silver. The company is led by an experienced management team with a track record of moving projects forward successfully and creating value for their shareholders. Altair is listed on the TSX Venture Exchange under the symbol AVX, and on the Nasdaq OTC under the symbol AAEEF.
The company has an experienced board, an active advisory board, and a management team with extensive mining development and operations expertise. The company operates transparently and in accordance with international best practices in the areas of sustainability, health and safety, environment, and community relations.
Short Company Bio: Burkina Faso Opportunity:
Altair Resources signed a binding agreement for a 90% ownership and 10% Burkina Faso Government ownership for an open pit, 3 deposit, gold exploration project containing 1,388,120 oz of gold (Historic Estimate) at an average grade of 0.95 g/t (COG @ 0.5 g/t).
The 3 deposits are located in the south west of the country and 35km from Centamin’s Konkera project of 3.1M oz.
The project is located in the safest area of Burkina Faso, a mining friendly jurisdiction.
Altair has commissioned a NI 43-101 Resource Estimate and completion is expected late 2021 or early 2022. This will be followed by a PEA.
387,596 m of drilling & 294,504 core samples completed from 3 deposits.
ALTAIR signed a Binding Agreement for TWO GOLD PRODUCING OPEN PIT projects with more than 2.3 million ounces of gold.
JORC “MRE” report available.
Eastern Project JORC Resources:
Indicated 947,900 oz with an average grade: 1.23 g/t (COG @ 0.3 g/t).
Inferred Resource 892,000 oz with average grade: 1.50 g/t (COG @ 0.3 g/t).
Meters drilled in Eastern KAZ sulfide zone: 225,460m from 1,960 holes. Drilled in last 12 months: 21,643m from 154 holes, Average depth: 140m.
Central Project Resources (Historic):
483,514 oz of Au Indicated + 28,610 oz of Au Inferred with average grade: 1.2 g/t.
Meters drilled in Central KAZ sulfide zone: 8,700m from 86 drill holes.