Alto Metals Hits Further High-Grade Gold at Indomitable
THE DRILL SERGEANT: Alto Metals (ASX: AME) announced further high-grade gold results from ongoing drilling at the Indomitable Camp, within the company’s 100 per cent-owned Sandstone gold project in Western Australia.
Alto Metals reported recent drilling has extended known mineralisation outside the current resource Indomitable Camp Inferred Mineral Resource of 1.7 million tonnes at 1.3 grams per tonne gold for 74,000 ounces (based on an A$2,000 pit shell) with 28 of 29 RC holes intersecting gold
mineralisation.
Results include:
SRC674
20 metres at 6.9 grams per tonne gold from 35m, including 1m at 97.8g/t gold from 38m;
SRC687
10m at 3.2g/t gold from 69m, including 2m at 11.3g/t gold from 72m;
SRC664
10m at 2.8g/t gold from 27m, including 1m at 19.5g/t gold from 34m; and
SRC665
10m at 1.1g/t gold from 8m and 4m at 9.1 g/t gold from 83m, including 1m at 27.1g/t gold from 84m.
“These new results from our ongoing drill program at Indomitable have again delivered multiple, shallow high-grade gold results in oxide, outside the current resource, with SRC674 a particular a standout result of 20 metres at 6.9 grams per tonne gold from just 35 metres depth,” Alto Metals managing director Matthew Bowles said in the company’s ASX announcement.
“Shareholders can look forward to further results in the near term following the recently completed first pass drilling over the Indomitable East prospect and we have now moved the rig to the exciting Musketeer target.
“Indomitable is consistently delivering shallow, high-grade gold results and we are looking forward to incorporating all of these results into the updated mineral resource estimate planned for the end of the year.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: admin@altometals.com.au