• Strong cash balance of $10.2 million, with $28.2 million raised via strategic placement
• Exceptional gold intercepts at North Peters, including 89m @ 2.40g/t Au
• Acquisition of historic databases defines additional high-priority targets at Old Granny and Kmung

Altair Minerals Ltd (ASX: ALR) has provided an update on its activities during the March 2026 quarter. The company reported a strong cash balance of $10.2 million as at 31 March 2026, with a further $28.2 million raised via a strategic placement to Endeavour Gold Corporation. Altair also acquired additional historic databases across the North Peters area, which uncovered exceptional gold intercepts, including 89m @ 2.40g/t Au from 45m, 63m @ 2.25g/t Au from 55m, and 24m @ 7.17g/t Au from 51m. Furthermore, the company identified two additional advanced targets, Old Granny and Kmung, which have historically received limited exploration. Drilling at Old Granny returned results such as 24m @ 1.28g/t Au from 7m and 12m @ 2.04g/t Au from 252m, demonstrating the potential to expand the mineralisation footprint at North Peters. Altair also completed ground IP chargeability and resistivity surveys at North Peters and South Oko, which have been critical in defining priority drill targets. At South Oko, the soil sampling program has materially expanded the geochemical anomalous footprint, reaffirming the W1 Target as the largest coherent >100ppb Au soil anomaly identified to date along the Oko Shear. The company has also commenced deeper trenching at South Oko, targeting the saprolite/saprock zones for potential high-grade mineralisation.

Altair is well-positioned to advance its Greater Oko Project, with a strong cash balance, exceptional exploration results, and the identification of additional high-priority targets. The company is focused on systematically defining and advancing these targets through its ongoing exploration programs.