Altair Minerals Identifies Major Untested Targets at North Peters, Boosting Greater Oko Potential

Core Insights - Altair Minerals has revealed significant geophysical results at its North Peters prospect, indicating substantial potential for resource expansion within the Greater Oko Project in Guyana [1][4] Group 1: North Peters Prospect - The IP geophysics survey at North Peters has identified a major untested chargeability high, C1, with a 900m strike length, of which only 300m has been drilled [2] - A resistivity corridor, R1, measuring 2.7 km has been defined, with only 600m drilled, aligning with previously reported high-grade intercepts [2] - Two additional untested chargeability highs, C2 and C4, have been identified, combining for a 550m strike length, remaining open at the survey boundaries [3] Group 2: Significant Intercepts - Notable intercepts near the C1 target include 109m at 2.04 g/t from 47m, 63m at 2.25 g/t from 55m, and 89m at 2.40 g/t from 45m [3] - Other significant results include 43m at 10.56 g/t from surface and 14m at 6.13 g/t from 49m [3] Group 3: Greater Oko Project Development - The company secured A$13.0 million through an institutional placement, enhancing its financial position [4] - Altair ended December 2025 with a cash balance of A$12.2 million, fully supporting a minimum 15,000m drill program planned for the Greater Oko Project, with drilling expected to commence in Q1 2026 [4] Group 4: South Oko Anomaly Expansion - The South Oko soil anomaly has extended by an additional 1 km to the south and west, remaining open in both directions [6] - The South Oko area now includes three distinct, open targets: W1 with a 2.0 km strike length and gold values exceeding 100 ppb Au, W3 extending 1.6 km with assays above 50 ppb Au, and E1 measuring 1.3 km with gold concentrations greater than 100 ppb Au [6] Group 5: Ongoing Dispute with BHP - Altair is involved in a dispute with BHP Group regarding its Olympic Domain copper project, with a Wardens Court hearing scheduled for 19 February 2026 [8] - The disagreement arises from BHP's intentions to use Altair's project area for infrastructure related to BHP's nearby Oak Dam Deposit, with previous discussions leading to the current adjudication process [9] - Altair remains focused on achieving a commercial resolution with BHP, which could unlock substantial value for the Olympic Domain asset [9] Group 6: Future Steps - Altair is advancing its exploration portfolio, with North Peters IP results providing clear drill targets for Q1 2026 [10] - While the Greater Oko project shows significant promise, the ongoing BHP dispute and reliance on funding are key considerations for investors [10]