Altai Resources Inc V.ATI

Alternate Symbol(s): ARSEF

Energy Oil & Gas E&P

Altai Resources Inc. is a Canada-based resource company with a producing oil property in Alberta and an exploration gold property in Quebec. The Company has approximately 50% net working interest in an oil producing property in southern Alberta and 50% net working interest in a gold property in the Malartic Township, Quebec, which is at an early stage of development. The Company's properties are located in Canada. The Company has 50% working interest in approximately 240 acres of Alberta Crown leases in the Cessford area of southern Alberta. The 50%-owned Malartic gold property (named Blackcliff gold property by joint-venture partner and operator, Globex Mining Enterprises Inc.) consists of six map designated claims (CDC) totaling approximately 127.6 hectares (315 acres) in the Malartic Township, Val d’Or area, Quebec, approximately five kilometers (km) north-east of the town of Malartic and the Canadian Malartic mine which is Canada's largest gold mine.

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Altai Resources Inc > $ATI - email from Altai Resources this morning

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Post by cool888on Oct 09, 2020 1:35pm

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Post# 31696327

$ATI - email from Altai Resources this morning

Thank you for your email.

We have not received any further information on our Malartic property from the operator which will forward the report on the aeromagnetic survey report to us when it receives it from the contractor. It anticipates that the report will not be forthcoming until quite some time because of COVID-19 in Quebec. We will then study the report and the operator will propose a work program if it warrants it.

Thanks and have a nice long weekend.

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