Alto Metals Limited (ASX: AME) has reported high-grade intersects in its ongoing exploration programme at the company’s flagship Sandstone Gold Project in Western Australia.
Alto’s Chairman Terry Wheeler said the assay results from the initial 6,300 metres a 10,000 metre RC drilling programme have highlighted the potential at Sandstone.
“These latest high grade gold results from drilling at Tiger Moth and Vanguard demonstrate the continuity of mineralisation at depth and significant likelihood for further resource growth at these prospects. Overall, the drilling results to date continue to highlight the significant potential that we see at the Sandstone Gold Project.
Follow up drilling and exploration work is currently planned at a number of historical high-grade pits including Lord Nelson and along the Southern Extension Corridor, where drilling recently demonstrated mineralization remains open along strike and down plunge,” Mr Wheeler.
The company’s exploration programme was paused after the completion of approximately 6,300m to allow the laboratory to catch up with the drilled samples.
Mr Wheeler said the assay results will help with advanced planning for the remaining 3,700m of drilling.
“The company considers the drilling to date at Vanguard and Indomitable Camps, and Lord Nelson has demonstrated the potential to significantly grow the existing resources at each of these prospects.
“The remaining planned drilling will now focus on following up on the down plunge and strike extensions at Lord Nelson and the Southern Extension Corridor and a review of drill high grade drill targets at several of historical prospects.”
