It was a year ago that we shifted the company's strategy to focus on building a pipeline of targets, and September marked the moment when we truly began to see the rewards of all that hard work. Firstly, our refined selection process identified the high-quality silver and gold potential on the Firenze Project in Nevada, and more importantly, the start of drill testing the first targets in our pipeline at the Eromanga Basin Heavy Mineral Sands Project.
It was a highly productive month, and I am looking forward to more such months as we roll out our exciting exploration programs over the next 6 to 12 months.
It was a highly productive month, and I am looking forward to more such months as we roll out our exciting exploration programs over the next 6 to 12 months.
Duncan Chessell
Managing Director
Eromanga Basin, South Australia
Eromanga HMS Project
September activities
- 4,000m HMS air-core drilling program
commenced on 15 September as planned - 100 drillholes for 3,650m completed Nilpinna EL7071 and Douglas Creek
October Plans
- Additional 500m added to program
- Program to be completed by 10 October
- Drilling continues at Douglas Creek today and
will soon move to drill test Eddy EL7072 - Selective samples to be sent for Heavy Liquid
Separation (HLS) assay to determine grade - Laboratory assays to be reported
Macquarie Arc, NSW
Byrock Copper Gold Project
September activities
- Drill permits granted for testing seven shallow “pipe-like” geophysical features
- Analogous targets to North Parkes, Cadia Cu-Au porphyry deposits, NSW
October Plans
- Drill pads and tracks to be cleared
- Final preparations for an early November start 1,500m Aircore/RC drill program
Nevada, USA
Firenze Silver & Gold Project
September activities
- Completed review of historical data
- Secured Option to purchase for US$400k
Due Diligence (DD) commenced - Capital raise completed to fund cash
component of purchase and preparations and permitting for drilling in early 2026
October/November Plans
- Alteration mapping and rock chipping outcropping Silver & Gold veins
- Magnetics, gravity and passive seismic geophysics surveys to delineate drill collars
- Specialised fine fraction soil samples collection
- Completion of DD & Transfer of claims
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MORE INVESTOR UPDATES

Exploration Update: Final Report for 2025
December 22, 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.
December 15, 2025
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
December 8, 2025
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
December 3, 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)
November 12, 2025
Altitude Minerals – A pipeline of targets

Drilling Commenced Cu-Au Porphyry Targets in the Macquarie Arc, NSW
November 10, 2025
Drilling has commenced to test the seven highest-ranked shallow “pipe-like”geophysical features analogous to North Parkes and Cadia Cu-Au porphyry deposits