Altair Provides Corporate Overview
Altair Provides Corporate Overview
VANCOUVER, BRITISH COLUMBIA – JUNE 13th 2018: ALTAIR RESOURCES INC. (“ALTAIR” or the
Company”) (TSX-V: AVX: Germany FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Mr. Harold
(Roy) Shipes, Chairman and CEO , is pleased to provide this corporate overview and commentary on the
Company’s go forward plans.
At this time the Company continues to focus on its Pan American property in Nevada. At this time permitting
is in progress under the turnkey management of Environmental Engineering Consultants ( “EEC”). Plans for
the dewatering of the mine are also being prepared and coordinated with the Nevada Department of
Environmental Protection. A new processing plant is under design and a contract for the supply and erection
of the concentrator as a turnkey supply is under negotiation. The facilities will be located on patented ground,
which the Company is currently negotiating for acquisition. If the Company is successful in acquiring the
patented ground for the facilities this will greatly simplify the permitting process. The C ompany has also
visited an international equipment manufacturing company to start the process of identifying the proper
equipment to process the zinc and lead- silver concentrate and manganese (EMD). Negotiations are in
progress for the financing of the entire project.
The Company has maintained an active strategy for the review of resource property acquisition
opportunities. Key management and advisors have recently returned from a site visit to Azerbaijan w here the
Company was successful in identifying a number of possible acquisitions and was successful in finalizing an
understanding with a local mining company to collaborate in the review, identification and possible
acquisition of mineral resource opportunities. Said CEO Mr. Shipes “I look forward to continuing our due
diligence on the properties we have visited and also working with our local in country contacts to finalize an
agreement on a property acquisition. We will have additional news once our due diligence is complete.”
Azerbaijan, with a total population of 9,493,600 as of July 2012, is located in Southwestern Asia, bordering
the Caspian Sea. The country mostly has a dry, semiarid steppe climate and covers a total area of 86,600
km2. Further growth in the country’s economy will depend on a change in global oil prices and discovery of
new gas and oil pipelines and on the government’s ability to use the profits obtained from the country’s
petroleum and gas sectors in an efficient and well-planned manner. Azerbaijan’s economic status will likely
experience a positive change following an increase in production and export of copper, gas and petroleum
and a significant increase in foreign investments.
ON BEHALF OF THE BOARD,
"Harold Shipes"
Harold Shipes,
Chairman & CEO
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.