Cloncurry Project Overview

  • Located in a world class base metal mining province; skills, infrastructure, 7 major mines in area
  • Altona has a strategic tenement position (2,800 square kilometres)
  • 1.67 million tonnes contained copper and 0.43 million ounces contained gold
  • 290 million tonnes at 0.6% copper, 0.05g/t gold in Resources
  • MMG’s Dugald River mine (63Mt @ 12% zinc eq) excised from Altona’s ground
  • Roseby-Dugald field is a major mineral deposit cluster
  • Low sovereign risk, mining friendly government in Queensland
  • Excellent infrastructure and skills
  • Management team with proven track record developing copper projects