
Melbourne-based Altair Minerals (ASX:ALR) announced a major breakthrough at its South Oko Project, revealing that the W1 target soil anomaly has doubled in size following recent infill and extensional sampling.
The maiden assay results have confirmed the site as the largest coherent gold-in-soil anomaly identified to date along the high-potential Oko Shear Contact.
The expansion establishes the W1 target as a prominently developed, high-priority drill location, significantly increasing the project's overall footprint.
The latest data highlighted exceptional geochemical readings, with two of the highest soil sampling results recorded to date reaching 888 ppb Au and 571 ppb Au.
Geologists suggest that the geochemical signature of the W1 target may be derived from a proximal and as-yet undiscovered independent source body, hinting at a larger mineralised system than previously modelled.
The anomaly remains open to the east and potentially to the west, suggesting further growth is likely as exploration continues.
Altair Minerals CEO, Faheem Ahmed, noted that the results reaffirm the company's strategic focus on the region.
The momentum is expected to continue, with an additional 161 extensional and 87 infill soil samples from the W1 target currently awaiting assay results.
At the time of reporting, Altair Minerals’ share price was $0.024.