Altair Minerals Intersects Visible Gold at Guyana Target; Shares Down 9%

MT Newswires Live10-15

Altair Minerals (ASX:ALR) intersected visible gold at the North Peters target within the Greater Oko area in Guyana, according to a Thursday filing with the Australian bourse.

Visible gold was discovered in two separate quartz-carbonate vein systems in diamond hole NPDD26011, with two logged occurrences of visible gold at nearly 46 meters in the upper vein system and two logged occurrences of visible gold at 107 meters and almost 108 meters in the lower vein system, the filling said.

Diamond drilling samples from the target were sent to the lab last week, with assay results expected in five to seven weeks, per the filing.

Shares fell nearly 9% in midday trade Thursday.

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