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Alto Metals Ltd.
Summary
| Project: | Sandstone | |
|---|---|---|
| Deposit: | Vanguard | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/3/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-7-2018: Alto Metals Ltd. announces an Exploration/Drilling Update report for its Vanguard deposit at the Sandstone project. Drilling results incl. 12m @ 2.5g/t Au from 0m. Alto Metals Limited (ASX: AME) (“Alto”, “the Company”) is pleased to advise that | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dermot Ryan (Xserv Pty Ltd.) | |
| ABSTRACT: | Alto Metals Limited (ASX: AME) (“Alto”, “the Company”) is pleased to advise that 50gm fire assays of 4m composite aircore samples have been received from 35 AC holes drilled on the periphery of Vanguard. Ten of these “extension holes” intersected shallow intersections of +0.5g/t Au. (refer Appendices 1 & 2) These new gold results provide further evidence that the Vanguard system is robust and open, and justifies the aircore drill program to test and expand the footprint of the Vanguard gold deposit. “Between 26 May and 25 June 2018, Alto completed 253 infill and/or extensional aircore drill holes for a total of 12,175m over ten high priority prospect areas at Sandstone. Approximately half of these holes and half of the metres were drilled around Vanguard and between Vanguard and Vanguard North. This first batch of 4m composite assays now received from 35 holes around Vanguard are highly encouraging, and they add two more mineralized structures to the three mineralized structures previously defined by Alto. We are looking forward to the assay results of the outstanding 118 Vanguard AC holes over the next 4 to 5 weeks, which will potentially define further mineralized structures. ” | |
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