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
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
Exploration Update: May 2026
An update on the exploration work and plans for Altitude’s projects
Compelling Drill Targets Defined at Byrock Project, NSW
Compelling RC drill targets have been confirmed at the Byrock Project to test for
Macquarie Arc pencil (pipe-like) porphyry deposits
Investor Presentation: RIU Resources Roundup Conference (May 2026)
Altitude Minerals – Investor Presentation
Altitude Secures Another Significant Gold & Silver Project in Nevada
Exclusive Option to Purchase the Gold & Silver W-Project near Winnemucca, complementary to Altitude’s 100% owned Firenze Silver & Gold Project, Nevada
Quarterly Activities Report: March 2026
Catch up on all the latest Activities with this Quarterly Report