Exploratory drilling round completed at Cleopatra Gold prospect

Company News

by Katrina Bullock

Lithium prospector, Altura (ASX:AJM), has completed the initial round of exploratory drilling at its Cleopatra Gold Prospect.

The drilling followed on from a geophysical survey utilising the induced polarisation method.

The assay results received from the drill holes did not indicate the presence of significant gold mineralisation in any of the completed RC Cleopatra prospect drill holes.

The next stage of exploration is to complete a broader soil sampling program that will target the induced polarisation anomalies and mapped horizons that indicate gold mineralisation zones.

A further drilling program will follow based on the soil sampling results.

Shares in Altura (ASX:AJM) are trading 4.17 per cent lower at 12 cents. 

Katrina Bullock

Finance News Network
Katrina joined FNN in 2018. She holds a Bachelor of Laws (Honours first class), a Bachelor of Business (Distinction) and is currently undertaking a PhD in Law focused on stock exchange disclosures and corporate governance. She previously worked as a corporate lawyer in an Australian top tier commercial law firm and is currently the General Counsel for Greenpeace Australia Pacific.