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Project: | Sandstone | |
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Deposit: | Vanguard | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 8/7/2017 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 7-8-2017: Alto Metals Ltd. announces an Exploration/Drilling Update report for its Vanguard deposit at the Sandstone project. Drilling results incl. 20m @ 3.52g/t Au from 120m. Alto Metals Limited (ASX: AME) (“Alto”, “The Company”) is pleased to announce | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Dermot Ryan (Internal) | |
ABSTRACT: | Alto Metals Limited (ASX: AME) (“Alto”, “The Company”) is pleased to announce encouraging 4m composite assaysfrom its maiden RC drilling program at Vanguard, situated within its wholly owned 800km2 Sandstone Gold Project in Western Australia, which covers the majority of the Archaean Sandstone Greenstone Belt. In July, a 3,100m RC drill program was undertaken around the Vanguard area to follow up encouraging aircore (AC) assay results which were reported on 20 June and 20 July 2017. Alto has received 4m composite sample results for holes SRC003 - SRC021, with results pending for holes SRC022- SRC028. The historical workings at Vanguard and Vanguard North are within a sequence of northwest trending mafic volcanics (metabasalt and dolerite). Gold mineralisation is mainly associated with zones of sulphidic quartz veins and disseminated sulphides in dolerite and basalt. The historic workings are separated by a 1,200m-long zone of laterite, which contains no historic workings. Figure 1 below shows the surficial geology of the area and the locations of Alto’s RC drill holes in the Vanguard area. | |
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