Alto Metals Ltd (ASX:AME) has promoted company secretary Patrick Holywell to the position corporate director.
Holywell has been appointed to focus on shareholder engagement, funding as well as the assessment of new opportunities for Alto.
He is a Chartered Accountant and has previous director and CFO roles in his 15 years of experience in finance, accounting and corporate governance.
READ: Alto Metals' historical drilling data confirms high-grade gold at Sandstone North
Alto is focused on expanding its 261,000-ounce gold resource at its flagship Sandstone Project in Western Australia.
The Sandstone resource is spread across three deposits – Lord Henry, Lord Nelson, and Indomitable Camp & Vanguard Camp.
A number of other advanced prospects exist including Havilah, Ladybird and Sandstone North.
New maiden resources expected shortly
In the company’s recent December quarterly report, director Dermot Ryan said: “The exploration conducted in the latter part of 2018 at Vanguard, Indomitable and Tiger Moth has provided the company with a number of immediate drill targets for 2019.
“In addition, the review and 3D modelling of previous explorers’ data from Havilah and Ladybird will lead to the estimation of maiden JORC 2012 Mineral Resources for these prospects in February 2019.
“Drilling to extend the strike and depth of these mineralised systems is planned for early 2019.
“The planned 2019 RC and AC drilling programs at various prospects will capitalise on the company’s evolving understanding of geology and structural controls on gold mineralisation at Sandstone, and the substantial drilling/assay database that we have acquired and generated over the past two years.”