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Alto Metals Ltd.
Summary
| Project: | Sandstone | |
|---|---|---|
| Deposit: | Havilah | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/17/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-1-2019: Alto Metals Ltd. announces an Exploration/Drilling Update report for its Havilah deposit at the Sandstone project. Drilling results incl. 7.0m @ 20.8g/t Au from 2.0m. Alto Metals Limited (ASX: AME) (“Alto”, “the Company”) is pleased to provide | |
| Resources: | (Resource, I+I): 4.870Mt @ 1.7g/t Au for 261Koz Au contained at Sandstone | |
| CP/QP: | [Overall Report]: Dermot Ryan (Xserv Pty Ltd.) | |
| ABSTRACT: | Alto Metals Limited (ASX: AME) (“Alto”, “the Company”) is pleased to provide an update on its exploration activity and forward plans for the Havilah Prospect at its Sandstone Gold Project in Western Australia. Compilation and review of previous explorer’s data has confirmed the highgrade gold mineralisation at the historic Havilah gold mine is hosted within a differentiated dolerite unit similar to Alto’s Vanguard deposit and that significant potential exists for extension of mineralisation at depth and along strike. The Havilah deposit is located within the high priority “Alpha Domain”, supporting Alto’s view that the domain has potential to host a substantial gold deposit. Alto’s Executive Director, Dermot Ryan said: “The style of mineralisation and grade at Havilah is very encouraging. There is a major paleochannel ~5km between Havilah and Vanguard, which is yet to be drill tested by Alto. This represents an excellent target area. In addition, the drilling data and 3D model suggests that the deposit is open down plunge to the northwest and to the southeast.” | |
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