We are pleased to release our latest Report on AltairMinerals...

We are pleased to release our latest Report on AltairMinerals Limited (ASX: ALR), highlighting the company’s high-gradecopper discoveries, strategic project developments, and significant growthpotential in the global resources sector.

Key Highlights from the Report

• Venatica Copper Project (Peru) – A 337 km² district-scale opportunity in a proven porphyry copper belt. Rock chip samples have returned up to 9.5% Cu, 4.59 g/t Au, and 160 g/t Ag, reinforcing its Tier-1 copper-gold potential.
• Exceptional Geological Setting – Venatica sits on the Las Bambas trend, which hosts multiple billion-tonne copper deposits. High-grade surface sampling and geophysical anomalies indicate strong potential for significant discoveries.
• Historic Small-Scale Mining – Previous artisanal operations extracted 4–6% Cu from shallow pits, confirming near-surface high-grade mineralization.
• Exploration Upside – Key targets include the Irka NE Porphyry (4 km²) and Irka SW Skarn (6 km²), with geological characteristics similar to nearby world-class copper mines.

Market & Investment Outlook

• Global copper demand is set to grow from 31Mt in 2023 to 70Mt by 2050, driven by the global shift toward electrification, EVs, and renewable energy.
• ALR’s Market Cap: AUD 12.89M, providing a highly undervalued investment opportunity compared to peers operating in similar Tier-1 copper districts.
• Upcoming Catalysts:
  • Expanded exploration at Venatica, with further sampling and geophysics
  • Drilling plans to test high-priority porphyry and skarn targets
  • Potential JV or strategic partnerships to accelerate development

Note: Altair (ASX:ALR) is a client of Phoenix Global Investments which I own & Phoenix is paid a fee by all stocks mentioned. No information is personal financial advice & all information is general in nature.