Alto Metals Limited (ASX: AME) continues to highlight the potential scale of its Indomitable Camp in Western Australia with new shallow oxide gold intercepts.
Alto has reported strong gold results from ongoing drilling at the Indomitable Camp, within the company’s 100% owned, Sandstone Gold Project, in WA.
Highlights
RC drilling at Indomitable East, following up the recent successful wide-spaced step-out drilling, has returned significant gold results including:
o 15m @ 2.2 g/t gold from 126m, including 3m @ 6.0 g/t gold from 135m (SRC866) o 13m @ 2.0 g/t gold from 38m, including 3m @ 5.3 g/t gold from 39m (SRC880)
o 15m @ 1.5 g/t gold from 54m, including 5m @ 3.0 g/t gold from 60m (SRC864)
o 22m @ 1.0 g/t gold from 19m, including 2m @ 2.5 g/t gold from 36m (SRC863)
o 8m @ 2.0 g/t gold from 162m, including 1m @ 7.7g/t gold from 166m (SRC867) o 13m @ 1.0 g/t gold from 38m, including 2m @ 2.7 g/t gold from 39m (SRC883)
o 11m @ 1.2 g/t gold from 32m, including 1m @ 8.7 g/t gold from 38m (SRC882)
o 11m @ 1.0 g/t gold from 18m, including 3m @ 2.3 g/t gold from 24m (SRC862)
o 1m @ 17.3 g/t gold from 116m (SRC888)
• Mineralization at Indomitable East spans 800m of strike and remains open to the north-west and south-east and at depth.
• Shallow, oxide gold mineralization at Indomitable Camp is currently defined over a strike of over +2.5km, remains open in all directions and is hosted within a +20km long gold corridor.
New assay results in this release are from one-metre photon assays relating to 35 RC holes drilled on 40m spacing at Indomitable East for a total of 4,800m at an average downhole depth of 137m.
This phase of resource drilling at Indomitable East was completed on 40m spacing and designed to follow up the recently announced wide-spaced step-out holes, targeting extensions of the mineralized banded iron formation to the north-west and south-east.
The program has successfully intersected shallow gold in multiple holes, confirming continuity of mineralisation defined over a total strike of over 800m and continues to remain open along strike to the north-west and south-east and at depth.
“We are pleased to announce more shallow oxide gold results from this year’s major drilling program at Indomitable, which puts us in a great position to deliver an updated resource estimate in the March quarter 2023,” Managing Director, Matthew Bowles, said.
“The excellent results reported to date continue to highlight the potential for a much larger system. We are looking forward to commencing our next drill program in the new year to follow up on these results and continue growing our shallow gold resources at Sandstone
“Our first pass drill programme at the historic Oroya mine is now completed and results are pending. We look forward to updating shareholders on our plans for further drilling at this exciting high-grade gold target.”
For further information please visit: https://altometals.com.au/
