Field Work Underway At the Firenze Silver & Gold Project, Nevada, USA

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Altitude Minerals Ltd (ASX: ATT) is very pleased to announce that our team has immediately commenced field work to advance the Firenze Silver & Gold Project to drill-ready status for early 2026, following the execution of the Definitive Purchase Agreement last week.

HIGHLIGHTS

  • Detailed air-borne (drone) magnetics geophysics survey recently completed
    • Final processing of data underway to allow for structural interpretation
  • Altitude geologists on the ground now, undertaking:
    • Detailed alteration & structural mapping of outcrops
    • Fine Fraction Soil sampling over major structures to the east of prominent outcrops
    • Reconnaissance over the entire property, rock chipping as required
  • Further works/actions planned for 2025
    • Micro-gravity and/or passive seismic to assess cover thickness
    • Radiometric data acquisition over outcrops
    • Drill permit applications for intended drill testing in 2026
    • Transfer of Claims to Altitude Minerals before 30 November 2025

Altitude staff geologists inspecting outcrops at the Firenze Project

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PROJECT SUMMARY

  • Nevada is a Tier 1 jurisdiction and ranked #2 globally by the Fraser Institute for mining investment attractiveness.
  • Never drilled – now open to exploration following BLM reclassification of former Wilderness Study Area (WSA).
  • Outcropping low-sulphidation epithermal Ag-Au veins extending ~1,000m in strike with rock chips1 up to 1,825 g/t Ag & 44g/t Au, open to the east under shallow cover
  • Prospective for both high-grade vein-style and large-scale disseminated Ag-Au mineralisation under shallow cover
  • Firenze is only 10km from the Interstate-50 highway, with tracks to significant outcrops with year-round access, allowing accelerated exploration activities

Figure 1: Location Map of the Firenze Project and nearby deposits

"The unique opportunity presented for Altitude to acquire the Firenze Project in Nevada, with bonanza-grade Ag-Au epithermal veins that have never been drilled. Furthermore, due to the rezoning by BLM, the project has never been explored using modern exploration techniques. As the Project is in one of the world's top destinations for exploration, as ranked by the Fraser Institute, it was too good an opportunity to pass up."
Duncan Chessell
Managing Director

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