| Announcement Date: | 2022-02-14 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Alto Metals Ltd. |
| Project name: | Sandstone |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 21m @ 2.0g/t Au from 46m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Alto Metals Limited (ASX: AME) (Alto or the Company) is pleased to report significant gold results from extensional drilling at Indomitable from the major drilling program completed at the end of 2021 at the Company’s 100% owned, ~900km2 Sandstone Gold Project, in Western Australia. The Indomitable deposit forms part of the Indomitable Camp, which is currently defined over a 2km strike length and is hosted within the +20km NW/SE Indomitable/Vanguard/Havilah Trend that forms part ofthe priority ‘Alpha Domain’ target area (see Figure 6). Mineralisation is hosted within a package of mafic‐ultramafic rocks, cross cut by interpreted major structures. New assay results in this release relate to 22 step‐out RC holes drilled at Indomitable for a total of 3,074m, drilled on a 40m x 40m spacing to an average downhole depth of 140m. The aim of the RC drilling was to test strike extensions of the high‐grade plunging shoots (interpreted feeder structures) at Indomitable and the results have successfully extended the overall mineralisation, outside the current resource, both along strike and at depth. Significant historical air‐core holes were followed with RC, for inclusion in future mineral resource work. |
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