VANCOUVER, BRITISH COLUMBIA – July 21, 2017: ALTAIR RESOURCES INC. (“Altair” or the
“Company”) (TSXV: AVX; Germany FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Altair Resources Inc. continues evaluation of its Crepulja project, Mitrovica district, Kosovo. The Company holds 44.5-square-kilometres of exploration licences within this historical zinc-, lead- and silverproducing region where metals have been produced since the Middle Ages.
Diamond drill holes CRP 010, and CRP 011 on Gravity Anomaly 1 returned only geochemically anomalous values of lead, zinc, antimony, barite, manganese, arsenic, and scandium. Additionally holes CRP 012, CRP 013, and CRP 014 on gravity anomalies 2 and 3 have been completed and submitted for assay.
Said CEO Mr. Shipes “While we are disappointed with the results of these initial holes we continue to look forward to advancing our acquisition opportunities in Kosovo. We are currently in negotiation on several interesting opportunities and news will be released as these are advanced.”
The locations and details of holes CRP 010 and CRP 011 are included in Table 1, an overall tabulation of 2017 drilling.
DRILL HOLE | Easting KOSREF WGS84 | Northing KOSREF WGS84 | ELEVATION | TOTAL DEPTH | AZIMUTH | DIP |
CRP 008 | 7472867 | 4746673 | 978 | 56.30 | 106 | 45 |
CRP 009 | 7472858 | 4746644 | 979 | 88.10 | 93 | 50 |
CRP 010 | 7472803 | 4746671 | 975 | 234.10 | 270 | 50 |
CRP 011 | 7472142 | 4746581 | 1012 | 300.00 | 90 | 75 |
CRP 012 | 7473291 | 4745796 | 1031 | 149.80 | 270 | 70 |
CRP 013 | 7473381 | 4745177 | 1000 | 99.00 | 270 | 70 |
CRP 014 | 7473298 | 4746687 | 971 | 95.00 | 270 | 60 |
Table 1, Summary diamond drill holes completed at Crepulje Project, Mitrovica, Kosovo, 2017.
Data Capture: All core is collected from the rig site on a daily basis, transported to the secure core shed of the company and logged. The majority of drill holes are sampled for their entire length. Sampling is conducted under the guidance of Selim Berisha, MSc., Technical Director and Chief Geologist of Altair, Kosovo, supervised by Dr. S. A. Jackson, QP, Geological Technical Advisor to Altair Resources Inc. Core is sawn and one half bagged for analysis. Each half core sample length is placed in pre-numbered bags, then placed into individual plastic bags with a corresponding sample tag and sealed by zip-ties. QA/QC involves random placement of Duplicate (Analytical and Field), blank and standard reference samples within every 10
consecutive core samples.
Samples are assayed at the ALS Minerals, Bor, Serbia, ICO9001 Certified Laboratory. Samples are logged into the tracking system, weighed, dried and fine crushed to less than 2mm (70%). A split of up to 250 gm is pulverized to better than 85 % passing a 75 micron screen for use in the gold and multi-element analysis (ALS ME-MS61 package). Sample preparation is to industry standard, and additional analyses are made for concentrations over 1% (e.g. Zn or Pb).
The contents of this press release have been reviewed and approved by Dr. Stewart A Jackson, PGeo, the Geological Technical Adviser to the company, a Qualified Person under National Instrument 43-101.
ON BEHALF OF THE BOARD,
“Harold Roy Shipes”
Harold Roy Shipes
President and CEO