Alto Metals Widens Hancock Anomaly

THE DRILL SERGEANT: Alto Metals (ASX: AME) has widened a gold-in-soil anomaly at the Hancocks prospect, part of the company’s Sandstone gold project in the East Murchison Mineral Field of Western Australia.

Alto Metals has received assay results for an additional 271 soil samples from the Hancocks prospect, taking the total to 478 samples collected in April 2018, which have defined a highly anomalous and coherent +15 parts per billion (ppb) gold-in-soil anomaly over eight square kilometres.

The company indicated that 93 of these samples (19% of total collected) assayed greater than 30ppb.

“Results from the first of three batches of soil samples collected at Hancocks, south of the Bull Oak open pits were reported on 13 June 2018,” Alto Metals explained it its ASX announcement.

“The results from the remaining two batches have now been received and integrated with the first batch to show the totality of the Hancocks eight square kilometre gold-in-soil anomaly.

“The regolith in this area is shallow, and there are numerous shafts and pits present (developed in the period 1894-1920) where the dumps surrounding the shafts contain fresh differentiated dolerite, banded iron formation (Bif), sediments and quartz.”

 

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