Alto Metals Ltd’s (ASX:AME) step-out reverse circulation (RC) drilling at the Vanguard Camp, about 8 kilometres north-west of the Lords Corridor, has intersected gold in every drill hole.
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.
Assays remain pending for 21 holes for 3,297 metres from drilling south of the Orion Lode, within the Lords Corridor.
Drill results
Four RC holes for a total of 602 metres were drilled at Vanguard on a wide-spaced 80 metres by 80 metres grid to an average of 158 metres depth targeting extensions of known shallow gold mineralisation.
Four-metre composite sample assays received for the four initial holes have confirmed gold was intersected in every hole.
Assay results include:
- • 12 metres at 3.0g/t gold from 132 metres;
- • 12 metres at 1.4g/t gold from 132 metres;
- • 48 metres at 0.4 g/t gold from 40 metres and 8 metres at 1.6 g/t gold from 120 metres; and
- • 8 metres at 0.7 g/t gold from 112 metres.
Vanguards’ current inferred resource is located in a 1,200 metres long x 600 metres wide north-west trending gold corridor, with mineralisation open along strike and down dip.
Vanguard is one of a number of advanced regional targets with Alto’s 800 square kilometres plus Sandstone Gold Project.
Upcoming plans
The first RC rig arrived on site to complete the remaining planned 30,000 metres.
This rig will commence drilling at Lord Henry and Lord Nelson, targeting the IP anomalies recently announced, which appear to be extensions to known high-grade mineralisation, as a priority.
A second RC rig is expected to arrive in mid-February 2021 to accelerate completion of the planned drilling at Lord Henry, Lord Nelson and Orion, before being moved to test regional targets, including Vanguard and Chance.
The first RC rig will remain on the Lord Corridor to test the new 32 metres thick zone of mineralisation identified from step-out drilling, over 800 metres south of the Orion Lode and other priority targets.
Follow up drilling at Vanguard Camp is planned to test both strike and plunge extensions of the shallow, south west-dipping mineralisation at the Vanguard North deposit and the shallow, northeast mineralisation at the Vanguard deposit.
Vanguard is one of a number of advanced regional targets with Alto’s +800km2 Sandstone Gold Project