Announcement Date: 2022-04-27
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Alto Metals Ltd.
Project name: Sandstone
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 67m @ 2.3g/t Au from 172m
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 further high-grade gold assay results from RC drilling below the Lord Nelson pit, as part of the ongoing major RC drilling program at its 100% owned, ~900km2 Sandstone Gold Project, in Western Australia. New assay results in this release relate to the first nine extensional RC holes (SRC 576 to SRC 584) drilled at Lord Nelson for a total of 2,078m, drilled to an average downhole depth of 230m, as part of an initial 7,013m (37 RC hole) phase of drilling completed at the Lords Corridor. The aim of the RC drilling was to test down-dip extensions of the Lord Nelson hanging wall and footwall lodes beneath the historic pit and the results have successfully extended the mineralisation. The new assays in this release relate to one-metre photon assays, with significant results including These results are encouraging as they highlight the overall continuity of mineralisation, both width and grade, at Lord Nelson. SRC576 was collared 40m west of the Lord Nelson pit to follow up on the down dip extension of drill hole SRC432, which returned 45m @ 3.2 g/t gold from 161m and has successfully extended thick high-grade mineralisation with a stand-out intercept of 67m @ 2.3 g/t gold from 172m.
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