Shares of Altair Resources Inc. (TSX-Venture:AVX) are rallying today as the Company announced that they have intersected excellent zinc mineralization in their initial 2017 diamond drilling on the Crepulje Project, Mitrovica District in Kosovo.
According to the press release, drill hole number CRP 008 intersected two zones of oxidized zinc mineralization that extends to depth a zone of mineralization previously known from surface trenching with the uppermost zone which begins at surface extending to 9.8 meters in depth averaging 10.11% zinc, and 0.46% lead. A second interval 8.5 meters in length extends from 32.5 m to 41 m averaging 23.18 % zinc and 1.53% lead.
The above drill hole substantially increases the zinc potential for the project as it extends downward the oxidized zinc mineralization sampled in Trench No. 2-1a. News of the strong zinc mineralization sent investors into a buying spree with shares of AVX climbing 16.13% to $0.36 on strong volume in mid-afternoon trading.
