Altitude Minerals Ltd (ASX: ATT) is very pleased to announce that it has secured the Firenze Ag-Au Project in Nevada. This is a rare opportunity to secure a project with outcropping bonanza-grade Ag-Au veins that have never been drilled.
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HIGHLIGHTS
- High-grade Silver & Gold opportunity comprising 90 claims on BLM land, Nevada
Outcropping low-sulphidation epithermal Ag-Au veins ~1,000m in strike remain open to the east with potential extensions under shallow cover
- NEVER DRILLED – recently released by BLM to allow exploration drilling
- Exceptional recent rock chip assays include:
- 1,825 g/t Ag with 22.5 g/t Au
- 1,250 g/t Ag with 9.3 g/t Au
- 534 g/t Ag with 43.9 g/t Au
- 600 g/t Ag with 2 g/t Au
- Highly prospective for high-grade Ag-Au vein-style deposits and large-scale disseminated Ag-Au style deposits under shallow cover
- Nevada is ranked #2 in the World by the Fraser Institute for mining and produced 70% of the annual gold production in the USA for 2024
- Project location is 10km from Interstate-50 highway, 4WD tracks to significant outcrops, 2 hours from Reno and exploration service providers
- Year-round access allows for accelerated exploration activities.
Figure 1: Location Map of the Firenze Project and nearby deposits
NEXT STEPS
- Finalise legal due diligence and complete the purchase and transfer of claim titles.
- Drill collar location confirmation activities planned before H1, 2026 drill program include: alteration and structural mapping, rock chipping, infill magnetic, radiometric and gravity data collection and drill permitting on Bureau of Land Management (BLM) unpatented claims.
The unique opportunity presented for Altitude to acquire the Firenze Project in Nevada, with bonanza-grade Ag-Au epithermal veins that have never been drilled. Furthermore, due to the rezoning by BLM, the project has never been explored using modern exploration techniques. As the Project is in one of the world's top destinations for exploration, as ranked by the Fraser Institute, it was too good an opportunity to pass up.
Duncan Chessell
Managing Director
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Altitude’s exploration team conducting a reconnaissance trip at the Firenze Project.
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