Alto Metals Encounters High-Grade Visible Gold from Vanguard

THE DRILL SERGEANT: Alto Metals (ASX: AME) announced, what it called, “exceptional” assay results from wide-spaced step-out drilling at Vanguard Camp, part of an ongoing major drilling program at the company’s 100 per cent-owned Sandstone gold project in Western Australia.

Alto Metals received the first batch of four-metre composite results from step-out drilling at Vanguard and Vanguard North deposits, which included the “exceptional” intercept in question from a step-out hole drilled 240m along strike, north-west of Vanguard.

The drilling intersected shallow high-grade visible gold in primary mineralisation, returning:

12 metres at 22.5 grams per tonne gold from 40m, including 4m at 60.6g/t gold from 40m.

Other noteworthy intercepts from the program include:

8m at 3.1g/t gold from 8m, including 4m at 5.8g/t gold from 8m – Vanguard;

8m at 2.8g/t gold from 44m, including 4m at 5.3g/t gold from 44m – Vanguard North;

4m at 6.8g/t gold from 124m – Vanguard North; and

8m at 1g/t gold from 56m – Vanguard North.

Alto Metals explained the latest drilling has more clearly defined the mineralisation at the Vanguard and Vanguard North trends, with both now extended along strike and down dip.

Total mineralisation of both trends is now defined over 2,000m and remains open.

“These are exceptional results,” Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.

“The visible gold from SRC286, assaying 4 metres at 60.6 grams per tonne gold, is the highest grade ever reported from Vanguard, it is shallow at less than 40 metres from surface and demonstrates the potential for Vanguard to host more exceptionally high-grade gold mineralisation.

“Our wide-spaced, step-out drilling has now confirmed gold mineralisation over two kilometres, and it remains open along strike and down dip.

“We can see Vanguard continuing to grow and plan to systematically test both the Vanguard and Vanguard North trends, along with the overall 20 kilometre corridor of differentiated dolerite that hosts Vanguard, Havilah and Indomitable deposits.

“Coming on the back of the ongoing success we are having at the Lords Corridor, where drilling is ongoing , these outstanding results from Vanguard validate our approach and view of a much larger gold system at our Sandstone gold project.”