- Alto Metals (AME) has received first assay results from its ongoing drilling program at the Sandstone Gold Project in WA
- Drilling was undertaken across the Orion Lode, the Lord Henry pit and Havilah to test the high-grade areas
- Results have been received for the first 11 holes with up to 16.8g/t gold intersected
- Currently, Alto has over 4000 samples at the laboratory undergoing analysis and expects the next batch of results in the upcoming weeks
- Alto is up a healthy 11.1 per cent on the market, and shares are trading at 10 cents
Alto Metals (AME) has received first assay results from its ongoing drilling program at the Sandstone Gold Project in WA.
Drilling was undertaken across the Orion Lode, the Lord Henry pit and Havilah with results received for the first 11 holes.
Results for the remaining 67 holes are pending and will be reported on in due course.
Orion Lode
Drilling at the Orion Lode was completed to a depth of 136 metres to test the high-grade area of the lode.
Best results include 60 metres at 1.9g/t gold from 44 metres including 12 metres at 6.3g/t gold from 92 metres, and 134 metres at 1.9g/t gold from 24 metres including 20 metres at 5.9g/t gold from 80 metres.
The drilling also intersected multiple mineralised structures which remain open at depth and highlight the potential for resource growth.
Deeper drilling has been completed, and assays are pending.
Lord Henry
Three holes were drilled at Lord Henry and all intersected multiple stack lodes with high quartz-pyrite mineralisation.
A best result of 12 metres at 6.1g/t gold from 40 metres including four metres at 16.8g/t gold from 40 metres was intersected.
Havilah
Three step-out holes were drilled at Havilah, and they have extended the mineralisation down plunge for a further 100 metres to the northwest.
Results include 12 metres at 1.2g/t gold from 76 metres including four metres at 3g/t gold from 76 metres.
All up, Alto has over 4000 samples at the laboratory undergoing analysis and expects the next batch of samples in the upcoming weeks.
However, there are currently delays due to the significant increase in drilling activities in Western Australia.
Alto is up a healthy 11.1 per cent on the market, and shares are trading at 10 cents at 11:32 am AEST.