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
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
RECENT NEWS
Exploration Update: Final Report for 2025
An update on the exploration work and plans for Altitude’s projects for December and into 2026
Heavy Mineral Sands Intersected in First Drilling Program at Eromanga HMS Project, S.A.
First wide-spaced drilling program confirms heavy mineral sands (HMS)
prospectivity of the Nilpinna Tenement – Eromanga Basin HMS Project, SA
Drilling Commenced on T55 Cu-Au Porphyry Target in the Macquarie Arc, NSW
Drilling has commenced to test the T55 Cu-Au Porphyry Target in the Company
interpreted NW extension of the Macquarie Arc, NSW
Exploration Update: December 2025
An update on the exploration work and plans for Altitude’s projects for December and into 2026
Investor Presentation: Pipeline of Targets (Noosa Conference Nov 2025)
Altitude Minerals – A pipeline of targets
Drilling Commenced Cu-Au Porphyry Targets in the Macquarie Arc, NSW
Drilling has commenced to test the seven highest-ranked shallow “pipe-like”geophysical features analogous to North Parkes and Cadia Cu-Au porphyry deposits