HHH.V · 2019-08-02 12:00:00

Altan Nevada about to Commence Drilling – Venus Copper Project

Exploration Programs

VANCOUVER, BC, Canada ( August 02, 2019) – Altan Nevada Minerals Limited (TSXV: ANE) (" Altan

Nevada" or the "Company") is pleased to announce the commencement of the Company's maiden drilling

program on the Venus copper gold target, Yerington District, Nevada, USA.

Highlights:

 Drilling contract signed

 Drilling approvals received

 Drilling to commence in August

With all approvals now in place and the drilling contract signed, the Company is excited about the prospect

of drilling the Venus Prospect.

Drill locations have all been confirmed and sighted with minor earthworks expected to be completed

within two weeks in preparation for the arrival of the drill rig on or around the 18th August 2019.

Leading geo-scientific exploration consultants, Terra Resources Pty Ltd, has identified a total of seven high

priority targets to test the potential of Venus to host copper gold mineralisation. Surface geology/

geochemistry, ground magnetics, gravity and induced polarization (IP) surveys have been used to plan and

prioritize drilling (Figure 1).

In addition to the drilling Altan Nevada recently expanded its claim position by 97 claims (see the

Company's press release dated 1/8/2019). Altan Nevada's Venus Project now consists of 208 unpatented

mining claims covering approximately 4,169 acres (~16.9 km²), all situated on Bureau of Land

Management (Federal) land all along strike from the Pumpkin Hollow mineralisation.

The next stage of the exploration program at the Venus Project is to complete the drilling and submit soil

samples for assay on the new claims to the south.

Figure 1 – Altan Nevada 's new Venus South claims are shown in blue and existing claims in black. Results of

government regional airborne magnetic data shown as colour image. Also shown are Nevada Copper' s deposit

locations (red) with mapped structures in black and Altan Nevada's proposed drilling locations (blue dots) with IP

targets in pink/red.

The technical and scientific information in this news release has been reviewed and approved by Barry

Bourne BSc (Hons), FAIG, MSEG, MAICD, the Company's VP Exploration, Mr. Bourne is a Qualified Person

as defined in National Instrument 43 -101 of the Canadian Securities Administrators, and a Competent

Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code of

Reporting of Exploration Results, Mineral Resources and Ore Reserves.

On behalf of Altan Nevada Minerals Limited

For more information contact:

John L C Jones AM - Chairman

+61 9322 1788

Paul Stephen - CEO

+61 9322 1788

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the

policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press

release