Altai Resources Inc. Reports on Its Malartic Township Gold Property
August 26 2020 - 7:30AM
Altai Resources Inc. (ATI, TSX VENTURE; US SEC Rule
12g3-2(b) File # 82-2950) (“Altai” or the “Company”)
wishes to inform our shareholders about an aeromagnetic survey done
on its Malartic Township gold property, Quebec. Altai owns 50% of
the property and Globex Mining Enterprises Inc. (“Globex”; GMX-TSX)
is the joint venture partner (which names the property the
Blackcliff gold property) and the operator of the project (the
“Operator”). The survey was carried out by Novatem on behalf of the
two joint-venture partners.
To date Altai has received the vertical gradient
map of the aeromagnetic survey but has not received a report on the
survey. The Operator informs the Company that it will study and
analyze the survey report when it is available in due course and
then proposes to Altai a work program if it is warranted.
ABOUT ALTAI Altai Resources
Inc. is a resource company with a producing oil property in Alberta
and exploration gold and gas properties in Quebec.
For further information, please
contactMaria Au, Secretary-Treasurer
Tel: (416) 383-1328 Fax: (416)
383-1686Email: info@altairesources.com Internet:
http://www.altairesources.com
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.
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