THE DRILL SERGEANT: Alto Metals Limited (ASX: AME) reported further gold results from a recently completed major RC and diamond drilling program at the company’s 100 per cent-owned Sandstone gold project in Western Australia.
Alto Metals achieved the results from extensional and step-out drilling at the Vanguard Camp and Indomitable Camp deposits, located approximately 8 kms and 12 kms respectively from the Lords Corridor within the project.
Drilling at Vanguard and Vanguard North prospects is targeting extensions of high-grade mineralisation along the two parallel trends and the ‘linking structures’ between the two trends.
Results received from the Vanguard Camp returned multiple high-grade gold intercepts, outside the current resource, including:
SDD015 – Vanguard
30m at 3 grams per tonne gold from 87m, including 1m at 18.3g/t gold from 107.2m;
SDD016 – Vanguard
7m at 4.5g/t gold from 56m, including 2.3m at 12.4g/t gold from 60m and 16m at 1.4g/t gold from 90m, including 1.4m at 6.96g/t gold from 101.6m;
SDD017 – Vanguard
1m at 11.6g/t gold from 52m; and
SRC480 – Vanguard North
2m at 20.8g/t gold from 102m.
“We are excited to have confirmed so far mineralisation within two parallel trends along a two-kilometre strike length with high-grade gold over 10 grams per tonne in multiple drill holes and all outside the current resource,” Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.
“The final assay result from SRC286 is a standout returning over 147 grams per tonne and highlights the exceptional grade that can be found within these quartz-rich laminated shear veins we have at Vanguard.
“A key takeaway from today’s announcement is that our systematic approach to exploration is continuing to deliver strong results for shareholders.
“We still have over 80 RC holes pending and we look forward to updating the market with from further results in the coming weeks.
“The Lords Corridor, Vanguard and Indomitable firmly remain our priority focus as we look to grow the resources.
“However, in time, we are very much looking forward to applying the same methodical approach to unlock the value from the numerous other regional targets within our 900 square kilometres of the Sandstone gold project.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE