The principal activity of Alt Resources Limited during the half-year was to continue the joint venture with GFM Exploration Pty Ltd with a view to facilitating the development of gold mining activities.
The company held a 70% interest in the Joint Venture at 31 December 2016 (31 December 2015: 70%).
No significant changes in the nature of the Company's activity occurred during the half year. The company has also continued to pursue and investigate the farm-in arrangements in relation to the Mount Roberts and Fiery Creek projects as announced.
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About Alt Resources Ltd:
Alt Resources Limited (ASX:ARS.AX - News) is an Australian based mineral exploration company exploring the newly discovered Paupong IRG mineral system located in the south-east Lachlan Orogen in New South Wales. Alt retains a 70% interest in the Paupong and Myalla Projects with JV partner GFM Exploration Pty Ltd.
Alt Resources Ltd T: 1300-66-00-01 M: +61-406-069-243 E: email@example.com www.altresources.com.au
Alt Resources Ltd
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