THE DRILL SERGEANT: Alto Metals (ASX: AME) received assay results for 336 soil samples collected near four litho-structural targets close to the town of Sandstone in Western Australia.
Alto Metals claims the assays have defined a coherent 15 parts per billion (ppb) gold-in-soil anomaly over 2.5 square kilometres.
The Valiant anomaly lies approximately seven kilometres south-south east of the town of Sandstone in an area that was initially identified as a prime site for gold mineralization by Terra Resources consultant Barry Bourne in 2017.
Four litho-structural targets, No’s. TR09 -TR11 and TR13 were identified when Bourne processed and interpreted the detailed aeromagnetic data flown and/or compiled by Alto over the entire Sandstone project area.
According to Alto, Bourne described the target as, “a break in sediment/mafic stratigraphy with interpreted felsic intrusives”.
“The systematic approach being applied at Sandstone, that is, detailed magnetic surveys to ‘look through’ lateritic cover, interpretation to identify favourable fractured iron rich host rocks, and follow up soil sampling, is potentially outlining new large gold systems,” Alto Metals managing director Dermot Ryan said in the company’s announcement to the Australian Securities Exchange.
“Drill testing of this latest soil anomaly is awaiting approval from the Department of Mines, Industry Regulation and Safety.”