Step-Out Drilling Continues To Expand Sandstone Gold Project
Alto Metals Limited (ASX: AME) has obtained further significant assay results from step-out drilling at Vanguard Camp within the company’s 100% owned Sandstone Gold Project in Western Australia.
Vanguard is located ~8km north-west of the Lords Corridor, where a significant drilling programme at the Sandstone Gold Project – which covers +900 sq. km of the Sandstone Greenstone Belt, is underway.
New four-metre composite results from 13 wide-spaced (80m x 80m) step-out holes for a total of 2,696m RC drilling at the Vanguard deposits have been received, with significant results including:
• 28m @ 1.5 g/t gold from 132m, incl. 4m @ 4.3 g/t gold from 152m (SRC272)
• 8m @ 1.8 g/t gold from 144m, incl. 4m @ 2.9 g/t gold from 144m (SRC270)
• 4m @ 2.0 g/t gold from 64m (SRC284)
• 4m @ 1.4 g/t gold from 40m (SRC280)
Hole SRC284 was drilled 80m south-east of SCR286 which intersected shallow high-grade visible gold in primary mineralisation assaying 12m @ 22.5 g/t gold incl. 4m @ 60.6 g/t gold from 40m and remains open along strike and down dip. Closer spaced RC drilling on a 40 x 40 metre grid is now planned to follow up on these results and test strike and down dip extensions.
Managing Director, Matthew Bowles, said these latest results highlight the continuity of gold mineralisation at Vanguard and significant likelihood of further resource growth with multiple significant intercepts outside the current resource.
New one-metre fire assay results for four RC holes, previously reported as 4m composite results have also been received, including:
• 10m @ 3.3 g/t gold from 135m incl. 1m @ 11.9 g/t gold from 137m (SRC220)
• 36m @ 0.5g/t gold from 51m, and
• 9m @ 2.0 g/t gold from 120m incl. 1m @ 10.3 g/t gold from 126m (SRC222)
• 12m @ 1.4 g/t gold from 133m (SRC223)
Mr Bowles said these latest results continue to highlight the presence of high-grade gold in primary mineralisation at Vanguard defined over 800m of strike and remains open.
“Vanguard is rapidly emerging as a very exciting prospect. Drilling has now defined mineralisation, together with Vanguard North, over a two kilometre north-west, south-east trend that remains open,” he said.
“We are confident that further drilling will demonstrate the growth potential not only at Vanguard but also regionally, along the much larger 20km corridor of differentiated dolerite that also hosts the Indomitable and Havilah deposits.
“Drilling is continuing at the Lords Corridor, where we now have two RC rigs and one diamond rig following up on the recently announced high-grade results targeting extensions of known mineralisation.
“A number of four metre and one metre assay results are still pending and these will further assist with our ongoing exploration targeting and future resource work. It is a very busy time on site with lot of activity as we continue to advance the project.”
For further information please visit: https://altometals.com.au/
