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
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
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)
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.
MORE INVESTOR UPDATES
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
Altitude Minerals Podcast
EP02: Copper Gold Porphyry
In the latest episode of the Altitude Minerals Podcast, Managing Director Duncan Chessell is in conversation with world-leading geochemist and in-house porphyry expert Professor Bruce Schaefer to explore these elusive and valuable mineral systems, which account for roughly three-quarters of the world’s copper and a fifth of its gold.
Exploration Update: June 2026
An update on the exploration work and plans for Altitude’s projects
Drilling Permits Issued & Rig Contracted for Byrock Project
Drill permit issued and drilling rig contracted for 2,300m RC program to test three highest priority Pipe Targets