Altair Minerals has unlocked significant high-grade gold intercepts from historic drilling at its North Peters Prospect and identified a new promising target at Kmung within the Greater Oko Project in Guyana.
- Historic drilling data reveals 89m @ 2.40g/t Au and 63m @ 2.25g/t Au at North Peters
- Newly identified Kmung Prospect shows high-grade intercepts including 14m @ 3.46g/t Au
- Greater Oko Project spans over 590km² with three key target areas, South Oko, North Peters, Kmung
- Camp construction nearing completion ahead of Q1 2026 maiden diamond drilling and geophysical surveys
- Results based on Foreign Resource Estimate; further drilling required for JORC-compliant resource definition
Historic Data Unlocks New Potential at North Peters
Altair Minerals Limited has announced the acquisition and analysis of a comprehensive historic drilling database that has revealed exceptional high-grade gold intercepts at its North Peters Prospect, part of the Greater Oko Project in Guyana. Among the standout results are intercepts of 89 metres at 2.40 grams per tonne gold and 63 metres at 2.25 grams per tonne gold, underscoring the continuity and scale of mineralisation in this underexplored region.
The historic data, comprising 35 diamond drill holes from sporadic programs between 2006 and 2010, has been rigorously compiled and validated by Altair. These results not only confirm the presence of thick, consistent gold mineralisation but also extend the known strike length of the system, with the northwesternmost hole returning 23 metres at 2.51 grams per tonne gold, indicating an open mineralised system.
Discovery of the Kmung Prospect Adds Regional Depth
In addition to North Peters, Altair has identified a new regional target, the Kmung Prospect, located approximately 21 kilometres west. Despite limited historical exploration; only 11 assayed drill holes; the prospect has yielded encouraging intercepts such as 14 metres at 3.46 grams per tonne gold and a high-grade vein intercept of 3 metres at 7.24 grams per tonne gold, ending with an 0.8 metre sample grading 11.40 grams per tonne.
This discovery highlights the Greater Oko Project’s vast potential, which now comprises three key target areas; South Oko, North Peters, and Kmung; spanning more than 50 kilometres east to west across a 590 square kilometre land package. The identification of multiple gold systems within this extensive footprint suggests significant upside for further discoveries.
Advancing Towards Maiden Drilling and Exploration
Altair is progressing camp construction at both North Peters and South Oko, with facilities nearing completion ahead of planned maiden diamond drilling and geophysical surveys scheduled for the first quarter of 2026. The company has also commenced line-cutting and soil sampling programs to refine drill targets, with initial assays from reconnaissance grab samples at North Peters confirming high-grade gold mineralisation up to 12.98 grams per tonne.
These foundational works are critical as Altair prepares to transition into an aggressive exploration phase, aiming to unlock the full potential of the Greater Oko Project. The company is also acquiring additional historic datasets, including geological mapping and geophysical surveys dating back to the 1950s, to enhance its geological model and targeting strategy.
Context Within a Premier Gold Jurisdiction
Guyana’s Guiana Shield is emerging as a premier gold exploration jurisdiction, with geology analogous to the prolific Birimian Greenstone belts of West Africa. The Greater Oko Project’s proximity to recent multi-million-ounce discoveries and established projects by major players such as G2 Goldfields and Reunion Gold underscores its strategic importance. Altair’s substantial contiguous landholding and early-stage exploration success position it well to capitalise on this burgeoning region.
However, it is important to note that the reported mineralisation is based on a Foreign Resource Estimate and is not yet compliant with the Australasian JORC Code. Further drilling and evaluation will be necessary to confirm the extent and economic viability of these gold deposits.
Bottom Line?
Altair’s historic data-driven discoveries set the stage for a pivotal exploration campaign that could reshape its footprint in Guyana’s gold belt.
Questions in the middle?
- How will upcoming maiden diamond drilling refine the resource potential at North Peters and Kmung?
- What impact will integrating additional historic datasets have on Altair’s geological models and targeting?
- Can Altair leverage its extensive landholding to uncover further high-grade gold systems across Greater Oko?