00:13:18 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Altair Resources Inc
Symbol AVX
Shares Issued 24,560,596
Close 2016-10-07 C$ 0.205
Market Cap C$ 5,034,922
Recent Sedar+ Documents

ORIGINAL: Altair trenches 2.5m of 37.02% Zn, 1.75% Pb at Invictus

2016-10-11 13:38 ET - News Release

Received by email:

File: AVX2016Oct11_analyses from Invictus.docx


ALTAIR RECEIVES HIGH GRADE ANALYSES FOR INVICTUS LEAD-ZINC PROJECT IN KOSOVO

VANCOUVER, BRITISH COLUMBIA - OCTOBER 11, 2016:  ALTAIR RESOURCES INC. ("Altair" or the "Company") (TSX V: AVX; German
--->y FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Mr. John Huguet, Chairman of the Board, is pleased to announce the an
--->alytical results of a trenching program conducted this summer at its Invictus lead-zinc Project in Kosovo.  Altair has
---> an option agreement to acquire 90% of the shares of A.G.J.A. S.H.P.K., a private company based in Kosovo which owns t
--->he licenses covering the Invictus project.

During May and June, 2016 a field program was undertaken on the Invictus project.  Three existing trenches were re-exp
--->osed and were also extended, and five new trenches were completed.  Limited prospecting was also undertaken.  The resu
--->lts of this work not only confirmed the high lead and zinc values reported during previous work but also discovered hi
--->gh grade mineralization in four new areas.  These new discoveries extended the zone of high grade lead zinc mineraliza
--->tion which has been trenched by approximately an additional 300 metres to over 450 metres.

Eighteen samples were collected from the trenches and one surface grab sample was collected from a surface exposure.  

Five new trenches were completed; trench numbers eight through twelve.  In addition one sample (19) was collected from
---> a newly discovered outcrop  Results from these new trenches and newly discovered outcrop are presented in the followi
--->ng table:

 
Portions of trenches 1, 2 and 3, which were originally excavated in 1974, were re-opened, deepened and widened.  Nine 
--->samples were collected during this summer's program.  The results of these samples are presented in the following tabl
--->e:

 
The samples collected during this program were submitted to the ALS Laboratory in Beograd, Ireland where they were ini
--->tially crushed and pulverized prior to a split being analyzed.  The samples were initially analyzed for 33 elements us
--->ing the ME-ICP61 technique.  Where the samples exceeded the upper limit of 1% for zinc and/or lead they were then anal
--->yzed using the Zn-OG62 and Pb-OG62 techniques respectively.  A number of samples exceeded the 30% zinc upper limit and
---> were then analyzed using the Zn-AAORE technique.

The Company considers the trenching program to have enhanced the potential of the project.  Not only have the results 
--->confirmed the high lead and zinc values reported during previous work but also has discovered high grade mineralizatio
--->n in four new areas.  These new discoveries extend the zone of high grade lead zinc mineralization which has been tren
--->ched to over 450 metres.
 Chad Ulansky, PGeo, is the qualified person under National Instrument 43-101 who has reviewed the technical disclosur
--->e in this news release and is responsible for the technical information contained in this release.
 
To learn more about Altair, please visit http://altairresources.com.

ON BEHALF OF THE BOARD,

"John Huguet"
John Huguet, FCPA, FCMA
Chairman and Independent Director

Forward-looking statements:  This news release may contain forward-looking statements including but not limited to com
--->ments regarding the closing the transactions contemplated by the Option Agreement.  Forward-looking statements address
---> future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materi
--->ally from those currently anticipated in such statements and Altair undertakes no obligation to update such statements
--->, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX 
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



© 2026 Canjex Publishing Ltd. All rights reserved.