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Alto Metals Ltd.
Summary
| Project: | Sandstone | |
|---|---|---|
| Deposit: | Vanguard, Tiger Moth, Maninga Marley | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-9-2019: Alto Metals Ltd. announces an Exploration/Drilling Update report for its Vanguard, Tiger Moth, Maninga Marley deposit at the Sandstone project. Drilling results incl. 11m @ 3.7g/t Au from 52m. Alto Metals Limited (“Alto” or “the Company”) (ASX: | |
| 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 exploration activities at the Company’s flagship Sandstone Gold Project. Assay results from the initial 6,300 metres of the announced 10,000 metre RC drilling program have now been received, and advanced planning is underway for the remaining 3,700m of drilling. Alto’s Chairman Terry Wheeler commented: “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.” | |
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