Key points
- Three rigs active across Greater Oko with drilling capacity increasing
- Maiden RC drilling at South Oko (SOKO) and North Peters (NP)
- SOKO targets W1 with promising initial trenching results
- Altair aims to achieve ~8,000m per month drilling by October
- Exploration continues along the Oko Shear Contact with potential for additional targets
Full summary
Altair Minerals Limited has announced the commencement of Reverse Circulation (RC) drilling at South Oko (SOKO) and North Peters (NP) as part of its Greater Oko project. Three drill rigs are now active, with Altair targeting an increased drilling rate of approximately 8,000 meters per month by October. At SOKO, the maiden RC drilling focuses on the W1 target, following promising results from initial trenching that indicate a widespread and unconstrained gold system. The drilling aims to test the continuity and extent of mineralization below the duricrust cover. At NP, RC drilling is progressing alongside ongoing diamond drilling. Altair's exploration efforts are supported by a comprehensive program that includes geochemistry, mapping, and geophysical surveys to identify additional targets along the Oko Shear Contact.
Guidance
Altair aims to achieve ~8,000m per month drilling by October.
Outlook
Altair Minerals anticipates a significant exploration period over the next 12 months, driven by high-impact results from ongoing drilling and other exploration activities.