THE ALR TRADE

- Horse Well multiple significant IOCG targets adjacent recent BHP Oak Dam West hits.
- Horse Well ~10 000m deep-drilling completed adjacent BHP Oak Dam West.
- Horse Well TEM Simulation completed for possible enhanced DD targeting. [~1000m cover]
- Horse Well TEM Survey - standby on any ALR update.
- On-going JV Earn-in discussions with majors on ALR 100% Olympic Domain Project.
- Super-giant IOCG potential at Lake Torrens.
- Large scale gold project readying in Guyana. [BHA]
- Scope for ALR to move as a major in-country gold explorer. [Greater Oko Project Guyana]
- Potential to unload non-core assets.
- Cu projects in Mt.Isa and Peru.
- Pyramid Lake Gypsum Project Western Australia.
- Tight with ALR Top 20 @ ~60% last AR with BOD representation. [~5B SOI]
- Well funded @ ~3.2M with no-debt.

... ALR has seen some recent ASX attention, there now may be a real possibility of ALR conducting sim-ops in South Australia & Guyana on major projects. Both being somewhat advanced projects and may be potential company-makers one by one ...

... ALR IOCG potential may be vast ... this HW release may have the ASX hype-genie getting out of the bottle ...

'ASX MARKET
ANNOUNCEMENT
Wednesday 25 June 2025 ASX : ALR
With previous drilling already hitting significant mineralisation near these targets
which is hypothesized to be the peripheral of the core IOCG body.
Altair is perfectly positioned to potentially unlock a world-class deposit, with Native Title Agreements in
place and through its upcoming TEM survey and subsequent drill program.

'In parallel, we’ve been actively advancing and evaluating Joint Venture and Earn-In options
for the Olympic Domain Project,
and we look forward to updating the market on any material partnerships soon."

... ALR Horse Well deep-drilling adjacent the giant BHP Oak Dam West hits -

BHP - Oak Dam West -
- AD22 ~124.5m @ 0.52% Cu, 0.48 g/t Au. 0.085 kg/t U, 3.37 g/t Ag from ~936m.

ALR - Horse Well ~5km west of BHP Oak Dam West -
- HWDD05 ~114.66m @ 0.37% Cu, 0.25 g/t Au and 1.0 g/t Ag from ~1095.34m. [Longest intersection]

BHP - Oak Dam West -
- AD23 ~425.7m @ 3.04% Cu, 0.59 g/t Au. 0.346 kg/t U, 6.03 g/t Ag from ~1063m.

- BHP ODW ~17 800m deep drilling program ~2018/2019.
- ALR HW ~10 000m deep drilling program ~2021/2022.

... ALR potentially gold drilling in Guyana with historic hits incl. -

ASX MARKET
ANNOUNCEMENT
Tuesday 5 August 2025 ASX : ALR
Greater Oko sits along strike and shares the same Oko Shear Zone to the two recent discoveries
of G2 Goldfields ($810M Market Capitalisation) and GMIN ($1B Takeover of Reunion Gold).
Altair’sGreater Oko Project adjoins and positioned only 1.5km from GMIN’s 5.9Moz @ 2.20g/t Au discovery'

MM02-05 ~262m @ 1.6g/t Au from 30m - Incl. 38m @ 8.5g/tAu from 30m.

MMMT003 ~43m @ 10.6g/t Au from surface.

... what a trade ALR may turn-out to be ...

... ALR may be a moon-shoot type trade imo ...