Alto Metals extends large gold-in-soil anomaly at Hancocks prospect
The Sandstone Gold Project comprises over 800 square kilometres of the prospective Archaean Sandstone Goldfield.
Company
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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The Sandstone Gold Project comprises over 800 square kilometres of the prospective Archaean Sandstone Goldfield.
Drill testing of the target is set to begin as soon as approval is granted.
The anomaly indicates the potential for a primary gold source at depth.
Sandstone has produced over 1.3 million ounces of gold since 1894.
Alto Metals Ltd (ASX:AME) has commenced the maiden drilling program at its Sandstone Gold Project in Western Australia.