Quarterly Activities Report: September 2026
October 12, 2026
Catch up on all the latest Activities with this Quarterly Report
Altitude Minerals has identified Nevada as an area of significant interest for Gold and Silver exploration.
Nevada is ranked #1 jurisdiction in the World by the Fraser Institute for Mining and is the USA’s top gold-producing region, contributing more than 70% of the U.S. total gold production.
This high level of output makes it a significant player globally, accounting for roughly 3-5% of the world’s total gold, and makes Nevada the fifth-largest gold producer behind countries like China, Australia, Russia, and Canada.
During a recent Investor Presentation, Altitude’s Managing Director, Duncan Chessell, talked about “Why Nevada?” as an exploration focus for the company and why he thinks that, after watching this 2-minute excerpt, you’ll be asking, “Why not Nevada?”
The Firenze project is a high-grade Silver & Gold opportunity comprising 90 claims in Nevada, that despite its strong potential was classified as a Wilderness Study Area (WSA), and as a result has never been drilled. However, in 2022, the project area was reclassified by the BLM and is now open for exploration. It has outcropping low-sulphidation epithermal Ag-Au veins ~1,000m in strike that remain open to the east with potential extensions under shallow cover. The mineralisation has been confirmed at surface, with exceptional recent rock chip assays including:
The Firenze Project is only 10km from the Interstate-50 highway, and has tracks to significant outcrops allowing for year-round access and accelerated exploration activities.
The Firenze Project is prospective for high-grade vein-hosted silver and gold epithermal mineralisation (low-sulphidation) immediately below outcropping mineralised veins. Analogous to the Silicon Deposit is a larger-scale opportunity for a gold-silver deposit under cover, where mineralised veins plunge under cover and intersect basin-bounding fault lines disrupted by cross-basin structures. This creates a permissive structural setting for mineralised fluids to potentially form a large-scale disseminated gold-silver deposit at the Firenze Project.
During a recent Investor Presentation, Altitude’s Managing Director, Duncan Chessell, discussed the geological model behind Altitude’s Drill targeting.
Catch up on all the latest Activities with this Quarterly Report
Altitude Minerals is pleased to advise that it has successfully received firm commitments from sophisticated and professional investors to fund drilling at the gold-silver Firenze & Winnemucca Projects in Nevada, USA, business development and working capital.
Altitude Minerals is pleased to advise that it has successfully received firm commitments from sophisticated and professional investors to fund drilling at the gold-silver Firenze & Winnemucca Projects in Nevada, USA, business development and working capital.
Exploration Update: Altitude Minerals’ Managing Director, Duncan Chessell, provides an update from a recent trip to the W-Project to review the newly acquired ground and the progress in validating the silver and gold targets ahead of drilling.
Location of the W-Project, Firenze Project and selected nearby deposits
Altitude Minerals is pleased to advise that it has successfully received firm commitments from sophisticated and professional investors to fund drilling at the gold-silver Firenze & Winnemucca Projects in Nevada, USA, business development and working capital.
Altitude Minerals is pleased to advise that it has successfully received firm commitments from sophisticated and professional investors to fund drilling at the gold-silver Firenze & Winnemucca Projects in Nevada, USA, business development and working capital.
An update on the exploration work and plans for Altitude’s projects