Alto Metals Reports New Indomitable Drilling Results

THE DRILL SERGEANT: Alto Metals (ASX: AME) reacted to a speeding ticket from the ASX by reporting follow up RC drilling results from the Indomitable Camp, within the company’s 100 per cent owned Sandstone gold project in Western Australia.

Alto Metals has drilling underway comprising an RC program targeting primary mineralisation at depth at Indomitable that includes the deepest RC drilling undertaken at Indomitable to date with drill holes planned to approx. 300m downhole depth (250m below surface).

Initial assay results from the laboratory for the first four RC holes have been received, confirming high-grade gold mineralisation including:

SRC941
24 metres at 2.2 grams per tonne gold from 160m, comprising 16m at 3g/t gold from 167m, including 1m at 8.8g/t gold from 175m and 1m at 9.4g/t gold from 182m.

Alto noted these latest results represent the deepest gold mineralisation intersected at Indomitable and are outside the current mineral resource, beneath the optimised pit shell.

“Whilst very early in the program, and not to be taken out of context, the initial results from these first holes is encouraging and represents the deepest significant gold mineralisation intersected at Indomitable,” Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.

“SRC941 returning 24 metres at 2.2 grams per tonne from 160 metres in oxide, again highlights the significant depth of weathering in the system and the potential for mineralisation in primary rock at depth.

“This phase of drilling at Indomitable is ongoing and is targeting the orientation of the interpreted high-grade structures within the fresh rock, including the recently announced 16 metres at 13.1g/t gold from 19 metres intersected in SRC918.”

Drilling completed by Alto over the last 12 months has extended the oxide gold mineralised footprint at Indomitable to over 3km in strike and remains open in every direction.

The company considers the latest results from indomitable to support its view that the size and scale of the oxide mineralisation at Indomitable is a strong indication of a much larger system.

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE