ALTAIR RESOURCES INC. announced that the company has made the $1 million payment under the acquisition agreement to secure exclusivity on behalf of Altair. The acquisition includes two gold-producing properties containing a total historic indicated resource of 947,900 ounces of gold, open pit and underground, and a total historic inferred resource of 892,600 oz of gold, open pit and underground. Current aggregate gold production at the two properties is approximately 21,000 ounces of gold per year from the oxide zones of each property. The properties will be owned 100% by Altair upon fulfilment of the acquisition payments to be made following the completion of due diligence and following the completion of each of the first two years of continuing operation.