Altitude Resources Inc. (TSXV:ALI) announced that they have initiated the permit applications with the Alberta Government for a drill program at its Palisades property.
As quoted in the press release:
The drill program is targeting the Palisades Property which is located approximately 30 kilometres north of the Yellowhead Highway (Hwy 16) and adjacent to Highway 40 North, near Hinton, Alberta. Altitude’s properties are in close proximity to CN rail which services the Grande Cache mine to the northwest. Historical work in this area, reported as the “Hoff Property”, included drilling programs first by Rio Tinto Canada (1969) and then Denison Mines (1982-83).
Altitude’s President, Andrew Wusaty, said:
The planned 2013 drill program will verify historic results, test new coal targets identified in the 2012 field exploration and will provide more extensive coal quality analysis. The program results will be incorporated into an updated 43-101 resource report for Palisades which should be completed late this year.