Altair Minerals

Altair Minerals Limited (ASX: ALR) – Trading Halt

Description

The securities of Altair Minerals Limited (‘ALR’) will be placed in trading halt at the request of ALR, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 30 January 2025 or when the announcement is released to the market.


Issued by

ASX Compliance


Click here for the full ASX Release

This article includes content from Altair Minerals Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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Abcourt Intersects a New Mineralized Zone in a Hole Grading 0.9 g/t Gold over 19 Metres on its Flordin Property

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News Provided by GlobeNewswire via QuoteMedia

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Abcourt Intersects a New Mineralized Zone in a Hole Grading 0.9 g/t Gold over 19 Metres on its Flordin Property

Mines Abcourt Inc. ("Abcourt" or the "Company") (TSX Venture : ABI) (OTCQB : ABMBF) is pleased to announce that a new mineralized zone has been intercepted in hole FL-25-283 on the Flordin Property, located in the Lebel-sur-Quévillon area, Quebec. This new gold zone, which returned 0.9 gt gold over 19 metres, including 3.1 gt gold over 3.1 metres is located approximately 150 metres deep. The mineralization is included in a zone of alteration rich in albite (to be confirmed), sericite, carbonate and hematite, thus giving the rock the characteristic reddish-beige hue. Mineralization consists mainly of clusters of disseminated fine pyrite. It should be noted that the new gold-bearing zone is magnetic and is found within a large, altered zone, thus giving the rock a reddish-beige colour contrasting with the rather greenish mafic lavas. A petrographic study is currently underway to identify the mineralogy of the altered zone. This study is conducted by Ms. Lucie Mathieu, Ph.D. of GEOX Consulting Inc.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Abcourt Intersects a New Mineralized Zone in a Hole Grading 0.9 g/t Gold over 19 Metres on its Flordin Property

Mines Abcourt Inc. ("Abcourt" or the "Company") (TSX Venture : ABI) (OTCQB : ABMBF) is pleased to announce that a new mineralized zone has been intercepted in hole FL-25-283 on the Flordin Property, located in the Lebel-sur-Quévillon area, Quebec. This new gold zone, which returned 0.9 gt gold over 19 metres, including 3.1 gt gold over 3.1 metres is located approximately 150 metres deep. The mineralization is included in a zone of alteration rich in albite (to be confirmed), sericite, carbonate and hematite, thus giving the rock the characteristic reddish-beige hue. Mineralization consists mainly of clusters of disseminated fine pyrite. It should be noted that the new gold-bearing zone is magnetic and is found within a large, altered zone, thus giving the rock a reddish-beige colour contrasting with the rather greenish mafic lavas. A petrographic study is currently underway to identify the mineralogy of the altered zone. This study is conducted by Ms. Lucie Mathieu, Ph.D. of GEOX Consulting Inc.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
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High-grade Gold Intercept Confirmed at Darlington

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In trading on Monday (April 21), the precious metal surged past the US$3,400 mark; it then briefly touched US$3,500 early on Tuesday morning before settling in the US$3,425 to US$3,450 range.

Gold has been on the rise all year, with the latest boost coming after US Federal Reserve Chair Jerome Powell spoke at the Economic Club of Chicago on April 16. In his remarks, he said he expects US President Donald Trump's tariff policy to negatively impact American economic growth and further fuel inflation in the country.

Gold's momentum was boosted in the following days as Trump made his own statements suggesting he is seeking ways to remove Powell as the head of the US central bank. However, the Fed operates at arm's length, and it would require an act of Congress to remove Powell from his post. Powell's term is set to expire in May 2026.

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