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.
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. Diamond rig and RC rig drilling at Lord Henry within the Vanguard Camp.
Alto Metals Ltd (ASX:AME) has received further positive assay results from step-out drilling at Vanguard Camp, around 8 kilometres northwest of the Lords Corridor, as part of its ongoing major drilling program at the 100%-owned Sandstone Gold Project in WA.
The company has received strong results from the latest four-metre composite samples from 13 wide-spaced (80 metres x 80 metres) step-out holes for a total of 2,696 metres reverse circulation (RC) drilling at Vanguard.
13:48 Thu 01 Jul 2021
S&P/ASX 200 dips on the first day of FY22 after closing out its best year on record
OPEC+ may discuss on Thursday about extending the current oil production cuts beyond its original end date of April 2022. The crude oil price is near multi-year highs and recorded its seventh monthly gain in the past eight months.
S&P/ASX 200 (INDEXASX:XJO) has slipped 0.48% to 7,277.6 following mixed moves overnight on Wall Street, with the S&P 500 hitting another record high while the Nasdaq fell 0.2%.
The local index has surged 24% in the last 12 months for its best year on record.
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. Visible gold in pyrite and quartz veins in RC chips from drill hole SRC286
Alto Metals Ltd (ASX:AME) traded higher after intersecting the highest grade ever reported from the Vanguard prospect of Sandstone Gold Project in Western Australia with a result of 4 metres at 60.6 g/t from 40 metres.
With the wide-spaced step-out reverse circulation (RC) drilling on an 80 x 80-metre grid at Vanguard intersecting visible gold in shallow primary mineralisation, investors responded well with shares as much as 20% higher to 14.5 cents intra-day.