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Alto Metals Ltd.
Summary
| Project: | Sandstone | |
|---|---|---|
| Deposit: | Lord Nelson | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/2/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-4-2020: Alto Metals Ltd. announces an Exploration/Drilling Update report for its Lord Nelson deposit at the Sandstone project. Drilling results incl. 23m @ 3.8g/t Au from 106m. Alto Metals Limited (“Alto” or “the Company”) (ASX: AME) is pleased to provi | |
| Resources: | (Resource, I+I): 5.38Mt @ 1.67g/t Au for 290,000oz Au contained at project | |
| CP/QP: | [Overall Report]: Changshun Jia (Internal) | |
| ABSTRACT: | Alto Metals Limited (“Alto” or “the Company”) (ASX: AME) is pleased to provide an update on its recent drilling program at the Lord Nelson prospect, targeting extensions of high-grade mineralisation both along strike and beneath the Lord Nelson open pit, within the Company’s +800km2 Sandstone Gold Project. The drilling program was carried out during February and March 2020 and comprised a total of 19 RC drill holes (SRC163-181) for 3,718m. Assay results for 4m composite samples from drill holes SRC163-176 were reported to the ASX on 27 February and 16 March 2020. Further results including Photon assay results for the remaining 4m composite samples from drill holes SRC177-181 and 1m resplit fire assay results for the first nine drill holes (SRC163-171) have now been received. Results are summarised in Tables 1 and 2 and discussed below. Lord Nelson New Shallow Open-Pitable Mineralisation 1m resplit fire assay results for the first nine wide spaced (80m x 40m) shallow drill holes (SRC163-171) have also now been received. The corresponding 4m assay results for SRC163-171 were reported on 27 February 2020. Internal review of results by Alto geological team has determined that the 1m fire assay results are comparable with the 4m composite Photon assay results. | |
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