Alt Resources Ltd. said March 13 that it added 148,668 ounces of gold and 2.88 million ounces of silver to its Bottle Creek project resource, bringing the total estimate to 5.57 million tonnes at 1.72 g/t gold and 21.1 g/t silver for 309,000 ounces of gold and 3.78 million ounces of silver.
The increased ounces came from mineralization extensions south of the Emu and Southwark deposits and north of the VB and Boags open pits that were confirmed by a phase-three drilling program.
This is the third resource upgrade for Bottle Creek. The previous one, from October 2018, estimated 160,000 ounces of gold and 900,000 ounces of silver. The new resource estimate incorporated 5,131 meters of reverse circulation drilling.
Alt Resources's combined mineral resource inventory for its Bottle Creek and Mount Ida projects in Western Australia is now at 6.8 million tonnes at 1.85 g/t gold containing 406,000 ounces of gold and 3.78 million ounces of silver.