Exciting times. To Quote the announcement "the Company views the...

Exciting times. To Quote the announcement "the Company views the area to have the potential to support sufficient mining production for a processing plant on the existing Bottle Creek mining leases. Previous miners have been held back from development in this area of the Mt Ida gold belt because there is no processing plant in the immediate vicinity. Alt considers the Bottle Creek Mine site to be the ideal location to establish a CIP plant to process the Bottle Creek and the surrounding LCD ore bodies.”
$400k upfront and a further $600k by the end of the quarter, and drilling to commence at Bottle Creek late this quarter. The funding structure will be interesting, with plenty of news flow to follow.
It appears the plan is to become a producer in a relatively short period of time.