Drilling Delivers 8m @ 13.6 g/t au From 56m At Sandstone Gold Project
Alto Metals Limited (ASX: AME) has intersected further shallow, high-grade gold assay results from RC drilling below the Lord Henry pit and step-out drilling to the west, as part of its ongoing major RC drilling programme at its 100% owned, ~900 sq. km Sandstone Gold Project, in Western Australia.
The current drilling at Lord Henry is designed for resource definition, targeting down-dip extensions of mineralisation to the north, strike extensions to the west and targeting further potential stacked lodes at depth. RC drilling is being undertaken on a 40m x 40m spacing around previous high-grade intersections and 80m x 80m spacing stepping out to the west.
The new assays from RC drilling at Lord Henry in this release, relate to four-metre composite results for 8 holes for 1,282m and include:
- 4m @ 15.6 g/t gold from surface; and 4m @ 2.1g/t gold from 12m, and 8m @ 13.6 g/t gold from 56m (SRC398)
- 20m @ 1.3 g/t gold from 40m, incl 8m @ 2.0 g/t gold from 44m and 4m @ 6.0 g/t gold from 80m (SRC 387)
- 36m @ 1.9 g/t gold from 8m (SRC399)
- 4m @ 4.5 g/t gold from 88m (SRC389)
- 4m @ 1.9 g/t gold from 76m (SRC390)
- 4m @ 1.1 g/t gold from 12m (SRC391)
- 4m @ 1.6 g/t gold from 64m (SRC392)
Managing Director, Matthew Bowles said holes RC398 and SRC 399 drilled as a fan within the pit have extended the high-grade mineralisation reported in SRC252 of 4m @ 16.8 g/t goldboth up and down dip and remains open along strike and down dip. SRC387 and SRC392 have extended the mineralised trend 100m to the west and remains open
“These latest results highlight the nature of the shallow dipping, multiple stacked lodes of high-grade gold mineralisation below the Lord Henry pit, which remains open down-dip to the north, along strike and has potential for further repeat lodes to be discovered at depth,” Mr Bowles said.
“We re-commenced a major drilling program at the start of the year and the results received to date clearly demonstrate there is lot more gold to be found at Sandstone.
“With RC drilling continuing, investors can look forward to further results as we wait for assays from 16 diamond holes and over 120 RC holes, in addition to an updated mineral resource estimate later in the year, subject to final assays.
Recently announced results (ASX 2 August 2021) from the current RC drill program, continue to demonstrate the continuity of shallow dipping, stacked lodes at Lord Henry, including: 52m @ 2.1 g/t gold from 40m, incl. 4m @ 13.8 g/t gold from 72m; 16m @ 1.8 g/t gold from 12m; and 4m @ 6.2 g/t gold from 64m.
Assays are currently pending for 16 diamond holes (six at Lord Nelson, two at Lord Henry, four at Indomitable and four at Vanguard) plus over 120 RC holes including a further seven drilled at Lord Henry.
For further information please visit: https://altometals.com.au/