- Alto Metals (AME) strikes up to 87 grams of gold per tonne (g/t) at the Indomitable Camp within its flagship Sandstone Gold Project in Western Australia
- The company returned “significant” gold results from its ongoing reverse circulation drilling campaign at the prospect, which the company says supports its view there is scope to grow the project’s gold inventory
- Meanwhile, Alto also received the final assays from the first phase of drilling at the Lords Corridor, returning up to three g/t gold
- Alto Metal’s drilling is set to continue as part of the updated mineral resource planned for the December quarter
- Alto Metals is up 2.63 per cent, trading at 7.8 cents at 3:55 pm AEST
Alto Metals (AME) has struck up to 87 grams of gold per tonne (g/t) at the Indomitable Camp within its flagship Sandstone Gold Project in Western Australia.
The company returned “significant” gold results from its ongoing reverse circulation drilling campaign at the prospect, where 17 reverse circulation holes were drilled for a total depth of 2648 metres.
Assay results from the drilling including 29 metres at 4.4 g/t gold from 29 metres, including one metre at 87.4 g/t gold from 45 metres.
Mineralisation at the prospect has been defined over a two-kilometre strike length and remains open.
Alto’s Managing Director Matthew Bowles said the results support the company’s view there is huge scope to grow the gold inventory at the Sandstone Gold Project.
“Indomitable is continuing to consistently deliver shallow, high grade gold results and, sitting within a +20 kilometre long gold corridor, we can clearly see this becoming a much larger mineralised system,” he said.
Meanwhile, the company also received the final assays from the first phase of drilling at the Lords Corridor, which is positioned 15 kilometres southeast of Indomitable.
The work extended the gold mineralisation at the Lord Nelson deposit and returned assays including 27 metres at 2.1 g/t gold from 221 metres, including 10 metres at three g/t gold from 222 metres.
“Both Indomitable and the Lords Corridor are exciting targets in their own right and we are fortunate that they are only two of a number of high-priority prospects in our overall growth pipeline, that we are systematically advancing,” Mr Bowles added.
Assay results are still pending from over 5000 metres of reverse circulation drilling completed at the Indomitable Camp.
Alto Metal’s drilling is set to continue as part of the updated mineral resource planned for the December quarter.
Alto Metals was up 2.63 per cent, trading at 7.8 cents at 3:55 pm AEST.