SUMMARY
• A six-week drilling program has commenced at the Peake Project to test the high-priority Paradise Dam and Douglas Creek Prospects
• The first drill hole will test the Paradise Dam Prospect, which is defined by a strong chargeability anomaly of up to 50mV/V strength, 3km in strike length (>30mV/V)
• The second drill hole will test the Douglas Creek Prospect, which is a large-scale shallow classic IOCG-style coincident “Magnetics and Gravity” anomaly of 1400nT (mag) and 1.9mGal (gravity)
• The Company intends to release laboratory assay results progressively throughout the program as appropriate
• Regional exploration with a focus on gold prospectivity is underway in parallel with the current drilling
• Well-funded with over $4m cash after a recent capital raise of $2m. The two-hole drill program is budgeted to cost $0.8m
The compelling drill targets have been developed from $2m of geophysics data acquisition, $4m of drill testing and iterative refining of the exploration model from our highly credentialled technical team from an original 40 geophysical anomalies over the last three years.
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Learn more about the drilling program with the latest Investor Presentation.
MORE INVESTOR UPDATES
Byrock Project Drilling Results
Assays have been received for the completed RC drilling.
Exploration Update: August 2026
An update on the exploration work and plans for Altitude’s projects
Altitude Expands W-Project Land Position
The new claims secure potentially prospective along-strike ground, interpreted to extend the structures hosting the W-Project quartz-calcite epithermal vein system
Quarterly Activities Report: June 2026
Catch up on all the latest Activities with this Quarterly Report
Exploration Update: July 2026
An update on the exploration work and plans for Altitude’s projects
Drilling Commenced At Byrock Copper Gold Project, Macquarie Arc – NSW
Drill permit issued and drilling rig contracted for 2,300m RC program to test three highest priority Pipe Targets