Canada & Philippines
Natural gas, gold, nickel & sulphur
Altai Resources Inc. Toronto, Ontario, TSX.V : ATI, is a Canadian resource company with a diversified portfolio of natural gas, gold, nickel and industrial mineral properties in Canada and the Philippines.
Altai is the only company which holds the largest land package with 100% interest in the heart of the St. Lawrence Lowlands Utica Shale gas play in Quebec.
the Sorel-Trois Rivières natural gas property of seven permits aggregating to 114,252 hectares (282,317 acres) with significant potential for production and storage.
In addition, Altai retains a 15% gross royalty in the adjoining permit of 13,290 hectares (33,000 acres) held by Talisman Energy Canada, and a 50% joint venture interest in Malartic gold property in the Val d'Or area, Quebec.
The company is debt free with a working capital of $5.2 million
Properties
HIGHLIGHTS
Diversified portfolio of 5 properties in Canada and the Philippines.
Commodities include natural gas, gold, nickel, and sulphur.
Sorel – Trois Rivieres oil and gas property, St. Lawrence Lowlands, Quebec, Canada.
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100% interest in the largest uncommitted (not farmed-out) contiguous land package of 114,252 hectares (282,317 acres) in the heart of the St. Lawrence Lowlands Utica Shale Gas Fairway.
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15% gross royalty in a permit of 13,290 hectares (33,000 acres) now held by Talisman Energy Canada in the same area of the Sorel-Trois Rivieres property.
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Very good exploration potential including Utica shale gas in all Altai permits based on recent developments in the St. Lawrence Lowlands.
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Deep (800 meters) gas target: a NE trending collapse zone 34 km long averaging 1 km in width. The zone may extend another 20 km to the SW (see maps linked).
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Shallow gas targets: 23 shallow targets (less than 150 meters deep) identified by seismic survey. Two have been drilled, both with gas discoveries.
Philippine Projects of Altai Resources Inc.