Alto Metals Limited (ASX: AME) has announced significant high-grade gold hits from the ongoing major RC drilling program at Lords Corridor within its Sandstone Gold Project in Western Australia. The step-out drilling at the Lords Corridor targeted extensions of Lord Henry and the Orion Lode, and wide-spaced exploration drilling at the new Central Zone target.
AME reported that multiple stacked high-grade lodes below the Lord Henry pit remain open to the north and mineralisation at Orion and the Central Zone was extended.
Standout results…included 72m @ 1.2 g/t gold from 60m
Standout results from drilling beneath the Lord Henry pit included 72m @ 1.2 g/t gold from 60m, incl. 12m @ 5.1 g/t gold from 108m, incl. 4m @ 10.1 g/t gold from 112m.
The company said that drilling at Lord Henry is ongoing, targeting extensions of the multiple stacked lodes within the primary mineralisation. AME reported that assays remain pending for a further nine RC holes drilled at Lord Henry with RC continuing and two diamond holes planned.
Important results from drilling at the new Central Zone within the Lords Corridor included 24m @ 1.1 g/t gold from 88m, incl. 8m @ 2.6 g/t gold from 100m. Standout hits from step-out drilling south of the Orion Lode included 16m @ 0.7 g/t gold from 188m EOH.
The company said that four metre composite assays remain pending for a further RC 59 holes from ~12,000m of drilling, targeting extensions of known mineralisation at Lords Corridor and Vanguard and maiden first pass RC drilling at Chance.
AME said that RC and diamond drilling is ongoing at the Lords Corridor, focused on completing the additional 10,000m of RC drilling and 3,000 of planned diamond drilling.
Drilling at Lords Corridor
The company had recommenced a major RC drilling program at the Sandstone Gold Project in February. AME has now reported four-metre composite results for 24 holes for 5,441m of step-out drilling at the Lords Corridor, targeting extensions of Lord Henry and the Orion Lode, and wide-spaced exploration drilling at the new Central Zone target.
High-grade drill results
AME said that further significant high-grade gold results were reported from the ongoing drilling at the Lords Corridor.
Lord Henry
AME said that the latest results from ongoing step-out drilling beneath the Lord Henry open-pit continued to intersect multiple stacked lodes with high-grade gold within the primary mineralisation, outside the current resource, including 72m @ 1.2 g/t gold from 60m, incl. 12m @ 5.1 g/t gold from 108m, incl. 4m @ 10.1 g/t gold from 112m (SRC259).
The company said that this high-grade intercept is located ~230 metres north of the recent intercept of 12m @ 6.1 g/t gold from 40m, incl. 4m @ 16.8 g/t gold from 40m (SRC252).
Alto reported that this latest result continues to demonstrate the potential for further high-grade mineralisation outside the current mineral resource and that the mineralisation at Lord Henry remains open to the North.
AME said that the drilling at Lord Henry is ongoing, targeting extensions of the multiple stacked lodes within the primary mineralisation. Assays remain pending for a further nine RC holes drilled at Lord Henry with RC continuing and two diamond holes planned.
Central Zone
The company said that the ongoing, wide-spaced (80m x80m) drilling at the new Central Zone within the Lords Corridor, targeting an IP anomaly, continued to intercept broad zones of gold mineralisation.
New results included 24m @ 1.1 g/t gold from 88m, incl. 8m @ 2.6 g/t gold from 100m (SRC321) – Central IP Target. This intercept is located ~240 metres south of the recently announced intercept of o 16m @ 1.6 g/t gold from 116m, incl. 4m @ 5.3 g/t gold from 124m (SRC240).
The company said that the mineralisation within the new Central Zone has now been defined over a 1 kilometre strike and remains open.
Orion Lode
AME said that the step-out drilling south of the Orion Lode, intersected gold mineralisation consistent with the geological targeting model, with new results including 16m @ 0.7 g/t gold from 188m EOH (SRC289); and 8m @ 1.4 g/t gold from 76m, incl. 4m @ 2.5 g/t gold from 80m (SRC305).
The company said that a diamond tail is planned for SRC289, drilled 40m west of previously reported SRC214 which returned 2m @ 7.8 g/t gold from 194m, as the hole did not reach the target contact zone between the granodiorite and ultramafic.
Significant 4m composite assay results are as shown below.
Updates and next steps
AME said that four metre composite assays remain pending for a further RC 59 holes from ~12,000m of drilling, targeting extensions of known mineralisation at Lords Corridor and Vanguard and maiden first pass RC drilling at Chance.
The company reported that RC and diamond drilling is ongoing at the Lords Corridor, focused on completing the additional 10,000m of RC drilling and 3,000 of planned diamond drilling.
Alto said that it is planning to undertake further drilling including RC and diamond drilling at Lord Nelson and Lord Henry to expand the existing mineralisation, identify new mineralisation, and test IP anomaly.
“we see significant potential to make new discoveries at the Lords Corridor”
Management comments
Alto’s Managing Director, Matthew Bowles said: “These latest results, from beneath the historic Lord Henry pit, confirm the presence of high-grade gold mineralisation that remains open to the North.
Together with the ongoing results from Orion, the Central Zone and Vanguard, we see significant potential to make new discoveries at the Lords Corridor. With diamond drilling underway and ongoing RC drilling targeting extensions of known mineralisation, we intend to continue systematically exploring these priority targets.”
Image Source: Alto Metals Limited