Altair Minerals Limited has made a significant breakthrough at its Olympic Domain Project in South Australia, where a new Transient Electromagnetic (TEM) simulation has successfully demonstrated the company’s capability to pinpoint deep, high-value copper‐gold targets. The simulation showed clear prospects for identifying major Iron Oxide-Copper-Gold (IOCG) targets at depths exceeding 1,000 meters, notably near a prominent deposit managed by a large neighboring entity. The study, augmented by previous airborne magnetotelluric (AMT) and gravity survey data, has highlighted several promising anomalies—including a gravity anomaly, a large conductive anomaly stretching 4.2 kilometers, and a phase anomaly—that are seen as critical indicators for a potential world-class discovery. Technical details reveal that past drilling intercepted mineralised halos around key anomalies (for example, intercepts such as 115 meters at approximately 0.32–0.64% copper equivalent), suggesting that earlier drilling techniques may have just missed the prime targets. The simulation, led by experienced geophysicists with a track record on multi-billion-dollar discoveries like Carrapateena and Havieron, confirms that the upcoming TEM survey is a strategic step forward. This survey is designed to resolve the depth and conductive characteristics of the anomalous zones, effectively guiding the company’s planned drill program. Analysts note that the project’s integration with government research grant applications and active evaluation of joint venture and earn-in options adds further credibility to the initiative. Investors may view the development with mixed sentiment. On the bullish side, the breakthrough in geophysical modeling positions Altair Minerals Limited at the forefront of deep exploration technology, with the potential to unlock a significant copper-gold IOCG deposit. The precision of the simulation, combined with supportive historical drill results and the backing of top geophysical expertise, suggests a promising pathway to discovery. Furthermore, the company’s strategic approach in seeking additional funding and partnerships reinforces its long-term growth potential. Conversely, the bearish perspective emphasizes that the results are based on simulations and historical drilling, with no new drill data confirming commercial-grade mineralization. There remains uncertainty surrounding metallurgy and actual recoveries, alongside the inherent risks common to exploration projects. The success of the planned drilling program and subsequent funding rounds will be critical, and any delay or underperformance in these areas could affect the company’s outlook. In sum, while the technical achievements are promising, investors should remain cautious of the exploration risks that continue to pervade early-stage resource projects.