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company,” Stephen said.
“Greg has been nothing but
remarkable since coming on board.
He’s coordinated our last two
drilling programmes and he’s been
responsible for some very successful
targeting along this belt. It’s a small
team within the company, but we
all share in the same belief that we
have an incredible opportunity on our
hands here at Southern Cross.”
Altan also appears to have overcome
Altan Rio holds 15 prospecting licences north of Southern Cross a major hurdle which impeded
previous explorers in gaining access
to untested tenure which sits on
Stephen, who joined Altan in early 2019 after more than a
granted farmland. One of the priority targets immediately north
decade with Brazil-focused Crusader Resources, has quickly
of the historic Golden Pig mine will be drilled later this quarter
come to realise that one of his new company’s most valuable
following the upcoming harvest.
assets is the 25km of strike it holds to the north of the Southern
While a potential listing on the ASX is a consideration, Stephen
Cross townsite.
said the company had no plans to abandon its Canadian
It has taken the best part of 12 months to put into motion, but routes, pointing to the success of Australian-focused Kirkland
Stephen is now confident the company is ready to sink the drill
Lake Gold Ltd and Novo Resources Corp as the prime reason
bit into its five most promising targets – Pilot, Aries, Paddocks, for sticking to the TSX-V.
Golden Pig North and Glen Innes.
“We’re seen some of the big Canadian investors like the
“We often get asked to rank our first five nominated targets
Sprotts and Dundees of the world coming into WA gold projects
and one of our biggest challenges, for different reasons, is that
and really been the drivers of those companies’ successes,”
our No.5 target is equally as prospective as our No.1 target,”
he said.
Stephen said.
“Canadians tend to be first-mover investors, so we see being
“I think there are people who have been looking at this package
listed over there as an opportunity to access those Canadian
and seen the merits of it for a long time, so now having it in
investors who are looking for opportunities in Australia, and
a vehicle where we can actually fund not only the immediate
specifically in gold.
exploration but future exploration is incredibly exciting. We’re
“You can currently buy a share in our company for a very
in a situation now where all of the preliminary work has been
low market capitalisation; there are very few comparable
completed and it’s now just a case of getting drill rigs out there
opportunities on the ASX at the moment, certainly not in this
and proving it up.”
quality of exploration tenure with this many targets defined.”
Altan was recently awarded EIS co-funding by the WA
Government to drill the Aries target
which has not been touched since Greg Wilson gives an overview of the Glen Innes prospect
2004 despite a historic intercept of
12m @ 4.51 g/t gold being recorded
at the time.
Alongside the 15 prospecting
licences the company holds, Stephen
considers the people behind Altan,
including industry veteran Jones
and vice-president exploration Greg
Wilson, to be equally as valuable.
Kalgoorlie-raised Jones rose to
prominence during the nickel boom
of the 1970s, while Wilson is credited
with discovering more than 4 moz
across various Archean settings.
“We can talk at length about Jonesy’s
success in the mining industry, both
recent and historical; his prospecting
prowess is a huge asset to the

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