The Lord Nelson Pit. Source: Alto Metals
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  • Alto Metals (AME) receives new results from reverse circulation (RC) drilling below the Lord Nelson Pit in Western Australia
  • Drilling targeted the down-dip extensions of the Lord Nelson hanging wall and footwall lodes at depth
  • Up to 13.4 grams of gold per tonne (g/t) was intersected and the success is continuing to indicate the potential for new discoveries and resource growth
  • Results are pending for a further 16 diamond and 120 RC holes drilled at Lord Henry, Vanguard, Lord Nelson and Indomitable
  • Alto has closed 3.95 per cent in the green with shares trading at 7.9 cents

Alto Metals (AME) has received new results from reverse circulation (RC) drilling below the Lord Nelson Pit.

This drilling forms part of the ongoing RC drilling program at the Sandstone Gold Project in Western Australia.

The drilling targeted the down-dip extensions of the Lord Nelson hanging wall and footwall lodes at depth.

Best new results include 14 metres at 2.2 grams of gold per tonne (g/t) from 182 metres including two metres at 13.4g/t gold from 183 metres; and 19 metres at 6g/t gold from 223 metres including three metres at 11.5g/t gold from 238 metres.

The continuing success of this drilling program is continuing to indicate the potential for new discoveries and resource growth at Sandstone.

Results are pending for a further 16 diamond and 120 RC holes drilled at Lord Henry, Vanguard, Lord Nelson and Indomitable.

Once all results have been received, Alto plans to release an updated mineral resource estimate for Vanguard, Lord Henry and Lord Nelson by the end of the year.

Managing Director Matthew Bowles is pleased with the results which he calls ‘exciting’.

“These are exciting results with 48 metres at 3.4g/t gold, including a high-grade core of 19 metres at 6g/t gold from SRC423, one of the best results Alto has had so far, from deeper drilling beneath the Lord Nelson pit,” Mr Bowles commented.

“Importantly these results, all from outside the current resource, demonstrate the continuity of high-grade mineralisation at Lord Nelson and the potential for significant future resource growth.”

Alto has ended the day 3.95 per cent in the green with shares trading at 7.9 cents in a $34.21 million market cap.

AME by the numbers
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