Altair Drills 95.3 Metres of 1.37g/t Gold at Kena

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[{"type":"text","content":"\nAltair Drills 95.3 Metres of 1.37g/t Gold at Kena\n\n(via Thenewswire.ca)\n\n \nVancouver, BC - September 10, 2012: Altair Ventures Incorporated (TSX-V: AVX; \"Altair\" or \"the Company\") is pleased to announce the results of holes 12KG03 through 12KG08 from the Kena Gold Zone (\"KGZ\") and holes 12GM01 and 12GM02 of the Gold Mountain Zone (\"GMZ\"), all located on its Kena Property in southeastern British Columbia.\n\n\n \nOverall, results from the eight drill holes are in line with values expected from these zones, with wide intercepts containing consistent gold values. While the first hole at Gold Mountain, 12GM01, was planned to twin historic hole 01GM-03, which returned 1.87 g/t Au over 116.05 metres, all other holes were drilled as step-outs from the existing gold resource blocks and were designed to increase the current Kena property resource estimate (see Altair News Release dated June 25, 2012).\n\n\n \n\"A July 2012 research report by Natural Resource Holdings helps to put the Kena Gold deposit into a global context. According to the report, there are only 164 undeveloped gold deposits globally with over 1 million ounces of gold in all categories that are owned by non-major mining companies. Of these deposits, 52 are in Canada and 18 are in British Columbia. With the NI 43-101 report that was filed in May 2012, the Kena gold deposit is now part of this elite group of gold deposits.\n\n\n \nNoteworthy is the fact that the average grade of all deposits over 1 million ounces globally is 0.66 g/t, which is in line with the grades at Kena,\" stated Fayyaz Alimohamed, Altair's President and CEO.\n\n\n \nAltair previously released the results from the first 2 diamond drill holes (12KG01 and 12KG02) at the KGZ, which returned long intercepts of consistent gold mineralization containing shorter intervals of 'bonanza' grade values, including 32.9g/t Au over 2.95 metres (47.55m to 50.5m) in 12KG02. Significant results from the first two drill holes are tabled below (from Altair News Release dated August 20, 2012):\n\n\n \n\n -----------------------------------------------\n |Hole ID |From (m)|To (m)|Length (m)|Au (g/t)|\n |---------------------------------------------|\n |12KG01 |10.31 |128.05|117.74 |1.04 |\n |---------------------------------------------|\n |includes:|11.75 |29.26 |17.51 |0.97 |\n |--------------------------...

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