Alt Resources Ltd. provide this update to the Mineral Resource estimate for the Mt Ida and Bottle Creek Gold Project. The Company recently completed Resource Estimations based on the drilling programs completed in Third Quarter and Fourth Quarter of 2019. The Company completed a total of 6,768 metres of RC drilling at Mt Ida South and Bottle Creek project areas confirming mineralisation extensions to the Tim's Find, Shepherds Bush and VB North deposits. The drilling programs completed in Third Quarter and Fourth Quarter 2019 adding an additional 113,000oz Au. Bringing the total for Alt's Mt Ida and Bottle Creek Gold Project Resource to 10.46Mt at 1.54g/t Au, for 519,000oz Au, including 5.6M tonne at 21.1 g/t Ag for 3.78Moz Ag. The current Resource Upgrade further supports the Company's project development strategy for the Mt Ida and Bottle Creek Gold Project. The project area has multiple additional exploration and mining targets identified within the Company's landholding. The upgraded Resource Estimate incorporates results of 6768 metres new RC drilling undertaken at VB North, Tim's Find and the Shepherds Bush deposits with all results announced to the market1. The Tim's Find extension has expanded the Tim's Find deposits north and south of the historical resource and remains open north and south, with drilling at VB North and Shepherds Bush delivering additional resource ounces with further drilling at Shepherds Bush scheduled to commence in First Quarter 2020. Alt's strong successful growth strategy during 2019 and the continued commitment to the development and expansion of the Mt Ida and Bottle Creek Gold Project are strongly supported by the new Resource Upgrade and future planned exploration activity. The current updated Mineral Resource has been completed by Mr. Stephen Hyland Principal Resource Consultant Geologist of Hyland Geological and Mining Consultants (HGMC) and incorporates all drilling undertaken by Alt Resources on all project areas including the six granted mining leases up to the 19th December 2019, as well as historical drilling conducted by Electrolytic Zinc Company and Norgold Ltd. between 1984 and 1989. The combined drill hole dataset total is 76,714 metres of RC and diamond drilling. The Mineral Resource Estimate contained in this report is an upgrade to the current gold and silver Resource for Alt Resources Mt Ida and Bottle Creek Gold Project, published 8 May 20192. Mt Ida and Bottle Creek are brownfields projects that have not been mined since 1989. The resource is reported in accordance with the guidelines of the 2012 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC, 2012).