Company
Alto Metals Ltd
ASX:AME
Alto Metals Ltd is an advanced gold explorer that owns the Sandstone Gold Project in the east Murchison of Western Australia. The Sandstone Gold Project covers ~740km 2 of the Sandstone Greenstone Belt and has an optimised, open-pit constrained mineral resource estimate (MRE) of 832,000 ounces of gold at 1.5g/t, capturing over 80% of the unconstrained total MRE of 1.05 million ounces.
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Alto Metals has potential to deliver further resource growth and new discoveries at Sandstone Gold Project
During the quarter, the company started an extensive 30,000 metres drilling campaign at the Sandstone Gold Project in Western Australia to test for further Lord Nelson repeats.
Alto Metals drilling untested extensions at Sandstone Project's 'long-forgotten' Oroya gold mine
The company thinks there is considerable potential to define additional shallow resources at the historical Oroya mine, based on remnant high-grade mineralisation, which remains open, and the current gold price.
Alto Metals returns one of Indomitable's best intersections with 80 metres at 1.6 g/t gold from 21 metres
The company’s drilling continues to extend mineralisation well beyond the existing gold resource.
Alto Metals aims for $4 million to drive resource growth
The company's directors have committed $650,000 in strong support of Alto's strategy and aims.
Alto Metals continues to unearth high-grade gold at Indomitable; Musketeer strike now more than 900 metres
“Our drilling is continuing to focus on growing our shallow gold resources at the Sandstone Gold Project, along with testing the exceptionally high-grade gold targets recently identified at the historical Oroya and Hacks mines," said MD Mat
Alto Metals welcomes highly regarded mining executive Mark Connelly as chairman
The new independent, non-executive chairman has extensive board and industry experience, including overseeing a number of companies transition from advanced explorer to developer and through to producer.
Alto Metals pinpoints high-grade near-mine extensional targets at Sandstone Gold Project
“With drilling ongoing, focused on continuing to grow our current 635,000-ounce shallow gold resource, we are excited to be planning to test our first high-priority regional targets, outside the Alpha domain," Alto managing director Matthew
Alto Metals continues to highlight Indomitable East growth potential with more shallow oxide gold
The company continues to unearth shallow oxide gold outside the current resource of the Indomitable Camp, targeting a large, under-explored gold corridor that may stretch over 20 kilometres in strike.
Alto Metals fields further high-grade gold results at the Sandstone Gold Project's Indomitable Camp, extending the current resource
“Indomitable is consistently delivering shallow, high-grade gold results and we are looking forward to incorporating all of these results into the updated mineral resource estimate planned for the end of the year," said MD Matthew Bowles.
Alto Metals fields more shallow high-grade gold hits from Indomitable Camp
The latest results continue to highlight that the Indomitable Camp is a very large and under-explored mineralised system.
Alto Metals fields shallow, high-grade gold up to 87 g/t at Indomitable
“These excellent results support our view that there is huge scope to grow the gold inventory at the Sandstone Gold Project,” says MD Matthew Bowles.
Alto Metals grows new Juno Lode at Sandstone with further high-grade gold results
High-grade gold mineralisation has now been intersected over a kilometre with new drilling confirming that the recently discovered Juno Lode remains open.
Alto Metals continues to deliver at Sandstone's Lord Nelson with 67 metres at 2.3 g/t gold
"These are excellent initial results from our ongoing major drilling campaign and, on the back of the recent update of our open pit gold resource to 635,000 ounces, once again demonstrates the significant growth potential we see at the Lord
Alto Metals lifts Sandstone gold resource 92% to 635,000 ounces, more to come
“We view this very much as an interim resource upgrade, with significant scope to delineate additional shallow, high-grade gold ounces with the current and planned drilling at the Lords Corridor, Vanguard and Indomitable," says MD.
Alto Metals kicks off 2022 major drill program at Sandstone Gold Project, with initial 18,000 metres of RC drilling
“This year we are looking to build on the exploration success of last year to drive further resource growth and new discoveries" - Alto MD Matthew Bowles.
Alto Metals continues to extend gold resource at Indomitable with latest promising assay results
The geology uncovered in the area suggests a 'large and fluid-rich mineralised system', which the company is eager to drill.
Topsy turvy ASX finishes in the red, but it was a good day for small caps ahead of tomorrow’s RBA meeting
Ahead of tomorrow’s RBA meeting, from Scott Solomon, T. Rowe Price associate portfolio manager says, “I anticipate there will be a lot to unpack after the Reserve Bank of Australia’s (RBA) meeting on February 1. First, I don't expect them t
Alto Metals confirms continuity of Lord’s Corridor mineralisation at Havilah Camp in Sandstone Gold Project
“The geological setting and numerous shallow, high-grade gold intersections over a 1,500-metre strike is very encouraging and an updated mineral resource estimate for Havilah Camp will form part of the project-wide mineral resource update,
Alto Metals drilling paves the way for an increase in resource at the Sandstone Gold Project
Successful December quarter highlighted by thick high-grade gold intersected at the Lords, the new Juno discovery and multiple shallow, high-grade hits at Vanguard.
Alto Metals strikes shallow, high-grade gold up to 35 metres at 2.2 g/t at Lord Henry
These latest results highlight the likelihood of further resource growth, with several high-grade results outside the Sandstone Gold Project's current 331,000-ounce resource.
Alto Metals identifies new mineralised horizon at Sandstone Gold Project with high-grade Vanguard hits up to 24 metres at 3.5 g/t
“Our systematic approach is continuing to deliver and we are looking forward to recommencing our aggressive drilling program early in the new year," says MD.
Alto Metals attracts strong placement support with $7 million to drive resource growth at Sandstone Gold Project
The company is on track to begin the next phase of exploration and drilling at Sandstone Gold Project, which includes reverse circulation drilling along the contact of the Lords granodiorite for repeat lodes along strike and at depth, and s
Alto Metals turns the soil on high-grade gold at Vanguard Camp
The precious metals explorer recently embarked on reverse circulation and diamond drilling at the gold camp, intersecting as much as 147.2 g/t gold.
Alto Metals' latest Lords Corridor results continue to demonstrate continuity of high-grade gold mineralisation
The latest results indicate that the company is potentially onto a large gold system with the potential to further enhance the Sandstone Gold Project.
Alto Metals grows scale at Lords with new high-grade gold results revealing Juno discovery
Drilling has returned broad high-grade results of up to 45 metres at 3.2 g/t gold including 5 metres at 17.5 g/t from below the Lord Nelson pit and 13 metres at 5.1 g/t including 3 metres at 17.0 g/t at a new zone around 400 metres to the s
Alto Metals raises hat to Lord Nelson on delivering 19 metres at 6 g/t gold outside resource
All of the new results are outside the current 109,000-ounce Lord Nelson resource, highlighting the potential for future resource growth.
Alto Metals encounters visible gold at 107.4 metres during diamond drilling at Vanguard
This is the first time diamond drilling has been undertaken at Vanguard, with the objective of evaluating the nature of gold mineralisation and orientation of the mineralised structure.
Alto Metals delivers 8 metres at 13.6 g/t gold; confirming multiple stacked lodes beneath Lord Henry pit
Resource definition drilling at Lord Henry is targeting down-dip extensions of mineralisation to the north, strike extensions to the west and further potential stacked lodes at depth.
Alto Metals’ maiden diamond drilling campaign confirms high-grade gold at Lord Nelson Sandstone Gold Project
The ongoing exploration success highlights that the around 900 square kilometres Sandstone Gold Project, which covers the majority of the Sandstone Greenstone Belt, is still very much underexplored.
Alto Metals returns further strong gold results from Vanguard at Sandstone Project
According to the company, the latest results highlight the continuity of mineralisation at Vanguard, with wide intercepts of up to 28 metres at 1.5 g/t gold.
Alto Metals substantial holder Westgold Resources increases stake to 13.81%
Results from an extensive drilling campaign at the explorer’s flagship gold asset continue to confirm the Sandstone Gold Project’s prospectivity.
Alto Metals continues to thrive on Lords Corridor high-grade gold at Sandstone
Results from an extensive drilling campaign at the explorer’s flagship gold asset continue to confirm the Sandstone Gold Project’s prospectivity.
Alto Metals begins 3,000-metre diamond drilling program at Lords Corridor within Sandstone Gold Project
Assay results for 13 drill holes for over 2,600 metres of RC drilling remain pending for Vanguard and a further 43 drill holes for more than 9,000 metres of RC drilling from the Lords Corridor.
Alto Metals intersects highest grade ever of 4 metres at 60.6 g/t gold at Vanguard within Sandstone Project
Mineralisation at the Vanguard and Vanguard North trends is together defined over a total 2,000 metres and remains open along strike and down dip.
Alto Metals secures EIS co-funding grant to test depth extensions in Lords Corridor at Sandstone Gold Project
The company’s ongoing drilling program is focused on testing extensions of known mineralisation below Lord Nelson and Lord Henry open-pits, extensions of the new Orion Lode.
Alto Metals infill and step-out drilling intersects more high-grade gold, continues to grow Orion Lode
Assays remain pending for a further 67 holes from 12,511 metres of drilling, targeting extensions of known mineralisation at Lord Nelson, Orion Lode and Vanguard.
Alto Metals substantial holder Harvest Lane Asset Management increases stake to 8.52%
Earlier this week, Alto received further strong assay results from ongoing drilling at the Sandstone Gold Project, confirming another lode within a new zone of gold mineralisation.
Alto Metals well funded with around $7.8 million in cash after raising $2.1 million from conversion of options
The option conversion was strongly supported by existing shareholders and is a clear endorsement of the company’s strategy to focus on exploration.
Alto Metals discovers another lode within new gold zone south of Lord Nelson Pit at Lords Corridor
Results have extended the overall mineralised footprint to over 1 kilometre south of Lord Nelson and this remains open in all directions, highlighting the potential of Lord’s Corridor and the Sandstone Gold Project.
Alto Metals has 331,000 ounces of gold at Sandstone - and is confident of finding much more
A 30,000-metre drilling campaign is underway and Alto says there is untapped potential beneath the surface.
Alto Metals accelerates major Sandstone drilling program as second RC rig arrives
Two reverse circulation drill rigs are now operating on-site at the Lord Henry and Orion Lode prospects.
Alto Metals increases strategic land position at Sandstone Gold Project
The acquisition of additional land complements Alto’s immediate exploration focus on the ‘Alpha’ domain region of the 331,000-ounce project.
Alto Metals’ step out drilling intersects gold in every drill hole at Vanguard Sandstone Gold Project in WA
The results continue to highlight the continuity of shallow mineralisation and growth potential with several intersections outside the current resource for Vanguard Camp of 856,000 tonnes at 1.8 g/t gold for 50,000 ounces.
Alto Metals‘ 3D IP survey defines significant targets at depth at Lords Corridor with drilling confirming new 32 metres thick zone of gold mineralisation
This alteration halo is close to a strong chargeable anomaly identified from the recent IP survey, indicating the potential for further significant gold mineralisation at depth
Alto Metals awaits gold assays from extensive drilling and plans to step up work in 2021
Around 6,000 metres of drilling has been concluded over the Lords corridor and regional targets at the Sandstone Gold Project.
Alto Metals directors show confidence in company with placement participation
The company plans to include drilling at the Chance Prospect in the 30,000-metre RC drill program currently underway.
Alto Metals awarded EIS co-funding to drill test Chance Prospect at Sandstone Gold Project
The EIS Grant will contribute up to 50% of direct drilling costs, which will assist in funding RC and diamond drilling to test the Chance Prospect.
Alto Metals kicks-off drilling to test Lords Corridor as part of 30,000-metre Sandstone Gold Project program
Alto’s strategy for the Sandstone Gold Project is to focus on exploration to make further new discoveries by testing the strike and depth potential of previously mined and unmined oxide deposits.
Alto Metals gains new substantial holder in Middle Island Resources
Alto’s recent preliminary test-work of Lord Nelson primary zone mineralisation within the Sandstone Gold Project returned significant average gold recoveries of 96%.
Alto Metals averages 96% gold recoveries in fresh rock at Sandstone's Lord Nelson prospect
Preliminary test-work indicates gold recoveries averaging 96% in Lord Nelson primary zone mineralisation from preliminary Accelerated Cyanide Leach tests.
Alto Metals new Orion Lode at Sandstone delivers more high-grade gold results of up 29 metres at 3.5 g/t
The Orion Lode is defined over 300 metres, remains open along strike, down dip and down plunge, and is considered a repeat lode of the Lord Nelson deposit.
Alto Metals raises $5.5 million to accelerate Sandstone gold exploration and drilling
The company received strong demand from domestic and international investors for the placement with commitments well in excess of the offer size.
Alto Metals in consecutive trading halts ahead of capital raising announcement
Continuity of results from Orion have extended Lord Nelson's mineralised footprint, supporting the company’s plan for a further 2,000 metres of drilling along the Lord’s Corridor.
Alto Metals shallow high-grade Orion results extend Lord Nelson gold footprint to more than 1-kilometre
Continuity of results from Orion extends Lord Nelson mineralised footprint, supporting the company’s plan for a further 2,000 metres of drilling along the Lord’s Corridor.
Alto Metals' strong results at new shallow gold lode highlight growing scale of Sandstone Gold Project
Drilling is ongoing at Lord Nelson, with a further 2,000 metres of RC drilling underway targeting depth extensions beneath the pit and strike extensions of the new lode to the south.
Alto Metals secures additional $1 million bridge loan to continue Sandstone exploration
The facility has provided Alto with capital to continue drilling at the Sandstone Gold Project in WA.
Alto Metals' further high-grade Lord Nelson gold results highlight potential for large-scale system
A further 8,500 metres of the planned first stage RC drilling will re-commence in early August to test additional repeat shallow gold lode targets.
Alto Metals doubles after hitting up to 20 metres at 2.3 g/t confirming thick zone of shallow gold at Sandstone
Recent results highlight the likelihood of a large-scale gold mineralisation system open along strike, down-dip and down-plunge within the regional Edale Shear zone.
Alto Metals board maintains recommendation not to accept Habrok offer
The majority of the company’s key shareholders, holding 51.45% of shares on issue, have confirmed their intention not to accept the increased conditional offer.
Alto Metals board maintains recommendation to reject Habrok takeover offer
Alto directors have a strong view that the unsolicited offer is opportunistic and undervalue the company’s shares and options.
Alto Metals has strong growth potential of Sandstone Gold Project highlighted by outside interest
The company’s successful exploration program and recent takeover bids suggest the project has further growth potential.
Alto Metals confident Sandstone Project potential backed by three unsolicited takeover bids
The company’s successful exploration program and recent takeover bids suggest the historic project has further growth potential.
Alto Metals raising up to $5.13 million in entitlement offer to fund drilling at flagship gold project
The raising will allow Alto to focus on an extensive drilling campaign, with a priority on the Lord Nelson deposit at its Sandstone Gold Project.