Alto Metals Encounters Wide Gold intercept at Indomitable
THE DRILL SERGEANT: Alto Metals (ASX: AME) reported more results from ongoing drilling at the Indomitable Camp, within the company’s 100 per cent-owned Sandstone gold project in Western Australia.
Alto Metals had designed the RC drilling program to be carried out at Indomitable and Indomitable North to infill and test extensions between and to the north-west of existing resources.
Extensional holes targeting the area between Indomitable and Indomitable North existing resource pit-shells delivered one of the highest gram-metre results drilled at Indomitable by Alto (SRC808).
Drilling intersected shallow gold in multiple holes returning results of:
SRC808
80 metres at 1.6 grams per tonne gold from 21m, including 10m at 5.2g/t gold from 43m;
SRC812
18m at 0.7g/t gold from 8m and 32m at 1.1g/t gold from 79m, including 6m at 2.1g/t gold from 87m; and
SRC803
18m at 1.1g/t gold from 47m, including 3m at 2.3g/t gold from 51m, and 5m at 3g/t gold from 129m, including 1m at 9.7g/t gold from 129m.
Alto explained the drilling is focused on increasing the current open-pitable 635,000 ounces a 1.6 grams per tonne gold resource at the Sandstone gold project, with an updated mineral resource planned for the March quarter in 2023.
Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.
“These results highlight the extensive mineralisation that exists well beyond the existing resource at Indomitable, with SRC808 intersecting a high-grade structure of 10 metres at 5.2 grams per tonne within an overall 80 metres at 1.6 grams per tonne from only 21m depth – which is one of our best results from Indomitable to date.
“A number of assays are still pending from our resource drilling at Indomitable, focused on further extending the resource and we look forward to receiving these in the coming weeks.
“With drilling now almost completed at Indomitable East, we are preparing to commence our maiden drilling program to test high-grade gold targets at the Oroya mine, which has not been drilled in over 15 years.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE