Exploration Update: May 2026

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Altitude Minerals Ltd (ASX: ATT) provides an exploration and corporate update for May 2026, following several announcements in the last week, including a second new project (W-Project) in Nevada, USA, a successful capital raise, and compelling drill targets confirmed at Byrock / Macquarie Arc, NSW, in addition to drill permits now issued for Firenze (Nevada, USA).

With near-term Nevada rig availability very limited and the addition of the W-Project, a more cost-effective combined RC drill program (Firenze & W-Project) is now planned, once W-Project drill target validation is completed over the coming few months.

Preparation is now being fast-tracked to drill the Byrock / Macquarie Arc NSW targets in June 2026.

Copper Gold Porphyry Targets, Macquarie Arc, NSW

Byrock Project

Jan-April activities

  • Positive assays from air-core Pipes Targets
  • Near miss analysis T55 core drilling late 2025
  • Follow-up infill gravity and passive seismic at the Pipes & T55 Targets

Upcoming Activities

  • Logistics to prepare for RC drill program
  •  2,300m RC drill program to test the highest-ranked Pipe Targets P38, P01, P02 and T47

Silver Gold Targets, Nevada, USA

Firenze Project, LS epithermal Ag-Au

Jan-April activities

  • CSAMT geophysical survey completed
  • 3D model integrating CSAMT, magnetics, field lithology, alteration & structural mapping
  • Finalisation of drill collars and permitting
  • Earthworks commenced 4 May

Upcoming Activities

  • Completion of drill pads and access tracks by end of May
  •  2,600m RC drill program subject to rig availability, planned to combine with drill program on the W-Project
W-Project, LS epithermal Au-Ag

December activities

  • Due diligence and desk top review
  • Option to Purchase Agreement secured

Upcoming Activities

  • Geophysics (CSAMT & Drone Mag) surveys to refine structural controls and define drill targets
  • Boots-on-ground mapping
  • Objective to be drill-ready in Autumn (USA)
READ THE FULL ASX RELEASE

Watch the latest presentation, delivered by Altitude’s Managing Director, Duncan Chessell, live at the RIU Resources Round-up Conference on the 06 May 2026.

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