Alto Metals (ASX: AME) has reported a series of ‘high-grade’ gold intercepts from RC and diamond drilling at the Vanguard and Indomitable camps within its Sandstone Gold Project in Western Australia.
Importantly, the mineralisation was encountered outside of the Vanguard/Indomitable mineral resource, and 8km west of the Lord’s Corridor which houses the Lord Nelson and Lord Henry open pit mines.
Highlight results include:
- 11m @ 15.3 g/t gold from 40m incl.
- 1m @ 147.2 g/t gold from 42m
- 30m @ 3.0 g/t gold from 87m, incl.
- 1m @ 18.3 g/t gold from 107m
- 2m @ 20.8 g/t gold from 102m
Addressing the results, Alto Metals Managing Director Matthew Bowles said: “We are excited to have confirmed so far mineralisation within two parallel trends along a 2 kilometre strike length with high-grade gold over 10 g/t in multiple drill holes and all outside the current resource. The final assay result from SRC286 is a standout returning over 147g/t and highlights the exceptional grade that can be found within these quartz-rich laminated shear veins we have at Vanguard.”
“We are excited to have confirmed so far mineralisation within two parallel trends along a 2 kilometre strike length”
Diamond drilling at Vanguard was tasked with identifying the nature of gold mineralisation along with the orientation of mineralised structures.
The company reports that exploration work has ‘significantly’ extended mineralisation at the Vanguard and Vanguard North trends along strike and down dip, with overall mineralisation defined over 2km and remaining open.
Assays are pending for over 80 RC holes from the current project-wide exploration campaign, with an updated mineral resource for Vanguard expected in late 2021 or early 2022.
Images: Alto Metals Limited (ASX: AME)