Alto Metals Continues Indomitable Gold Hits
THE DRILL SERGEANT: Alto Metals (ASX: AME) had plenty to tell punters at the RIU Sydney Resources Round-up about the Indomitable Camp, within the company’s 100 per cent-owned, Sandstone gold project in Western Australia, but had more in store when it returned home.
Alto Metals reported further gold results from first pass RC drilling carried out on the Cessna prospect, located at the southern extent of the Indomitable Camp.
Previous owners had conducted preliminary drilling campaigns at Cessna however, the prospect has never been subjected to further scrutiny with no RC drilling previously undertaken.
This has proven to be good for Alto with its first pass RC drilling at Cessna has confirmed high-grade gold mineralisation, including:
SRC928
6 metres at 1.6 grams per tonne gold from 56m, including 4m at 2g/t gold from 58m; and
16m at 7.2g/t gold from 65m, including 4m at 24.2g/t gold from 74m comprising 1m at 28.8g/t gold from 74m, 1m at 21.7g/t gold from 75m, 1m at 23.1g/t gold from 76m, and 1m at 23.4g/t gold from 77m; and
SRC929
8m at 2g/t gold from 70m, including 1m at 11.8g/t gold from 71m.
Alto said the assays from Cessna have confirmed mineralisation extends over 3.5kms of strike and remains open in all directions.
The company believes the extent of shallow oxide mineralisation at Indomitable Camp, is an indication of a potentially much larger gold system at depth.
“Our planned and systematic approach to exploration at Indomitable continues to deliver and further supports our view of Indomitable being part of a much larger system,” Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.
“These latest results from our first pass drilling at Cessna, have confirmed the high-grade mineralisation, including 16m at 7.2g/t gold within the BIF and extended the overall mineralised footprint to over three kilometres.
“Planning for the next phase of drilling at Indomitable is well underway and intends to target the orientation of these interpreted high-grade structures within the fresh rock, including the recently announced 16m at 13.1g/t gold from 19m intersected in SRC918.
“The final assays from this first phase of drilling are pending and we look forward to updating shareholders with our ongoing exploration activities in the coming weeks.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE