Alt Resources

Primary ticker: ASX:ARS
Stage of development: Exploration, Development
Commodity: Gold
Project to promote: Mt Ida

Live financials

Alt Resources Ltd (ASX:ARS) is a Western Australian gold exploration and development company. The Company’s has rights to 100% of the historical Bottle Creek gold mine located near Mt Ida in Western Australia. In just 11 month, Alt has grown its resource at Mt Ida to 406,000oz Au and 3.78Moz Ag. The Company has plans to build a centralised production facility at Bottle Creek to service multiple gold mines and to grow the Mt Ida project into a profitable mining operation.

Management Profile

James Anderson (CEO) and Andrew Sparke (Executive Director).

What is your rationale for attending 121 Mining Investment?

We are looking to broaden the Company’s awareness and seek debt funding for a gold treatment plant at Bottle Creek in Western Australia.

What recent news would you like to highlight to investors attending?

Positive scoping study and recent drilling results.

What are your key goals for the next 3, 6 and 12 months?

3 Months:
Potential resource update, maiden reserves and drill results.

6 Months:
Feasibility Study

12 Months:
Project Finance

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Securing sufficient capital to build a plant at Bottle Creek on attractive terms.

What do you think makes your company such a compelling investment?

Cheap valuation relative to peers, large and growing resource base and significant sunk capital from the previous mining cycle providing a low capex advantage.