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.
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 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.