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- Alto Metals (AME) strikes up to 97 grams of gold per tonne from drilling at the Indomitable camp within its Sandstone gold project in Western Australia
- The company reported multiple shallow high-grade gold hits from outside the current resource in the area during its ongoing 29-hole reverse circulation drilling program
- The company says the drilling extended the known mineralisation at Indomitable, with 28 of the 29 reported holes intersecting gold mineralisation
- Another reverse circulation program is now underway at the Musketeer prospect, also within the Indomitable camp
- Alto Metals last traded at 7 cents on August 9
Alto Metals (AME) has struck up to 97 grams of gold per tonne from drilling at the Indomitable camp within its Sandstone gold project in Western Australia.
The company reported multiple shallow high-grade gold intercepts in oxide from outside the current resource during its ongoing drilling program in the area, during which it drilled 29 extensional reverse circulation holes at Indomitable and Indomitable North for a total of 5067 metres.
Results from the drilling included 20 metres at 6.9 grams per tonne (g/t) gold from 35 metres, including one metre at 97.8 g/t gold from 38 metres.
Drilling extended the known mineralisation outside the resource, with 28 of the 29 holes reported intersecting gold mineralisation, which remains open in all directions.
The company said the extensions to the known mineralisation outside the current resource targetted through the drilling work would be included in an updated mineral resource estimate.
Alto’s Managing Director, Matthew Bowles, said the new results had again delivered multiple, shallow high-grade gold results in oxide, outside the current resource.
“Shareholders can look forward to further results in the near term following the recently completed first-pass drilling over the Indomitable East prospect, and we have now moved the rig to the exciting Musketeer target,” Mr Bowles said.
“Indomitable is consistently delivering shallow, high-grade gold results and we are looking forward to incorporating all of these results into the updated mineral resource estimate planned for the end of the year.”
A reverse circulation program is now underway at the Musketeer prospect, also within the Indomitable camp.
Meanwhile, assays are still pending from more than 7000 metres of drilling completed at Indomitable East.
Alto Metals last traded at 7 cents on August 9.
