Atlo Metals (ASX: AME) to grow on new shallow gold at Sandstone
August 31, 2022New shallow oxide gold intercepts from drilling at Indomitable Camp highlight growth potential at Sandstone Gold Project, Western Australia
- 13m@ 5.4 g/t gold from 80m, incl. 3m@ 16.7 g/t gold from 81m
- Mineralisation at Indomitable East spans an overall 800m of strike and remains open to the northwest and southeast and at depth.
- There is currently no mineral resource defined at Indomitable East .
- Indomitable Camp is a large and under-explored mineralised system, currently defined over a +2km strike length and is hosted within a +20km long gold corridor.
- Assays pending from >4,000m of RC drilling recently completed at the Musketeer prospect.
- RC drilling has recommenced at Indomitable and Indomitable North .
- Regional targeting work over the Sandstone Gold Project, including the historic Hacks and Oroya mines, is continuing
About Sandstone Gold Project
Indicated and Inferred Mineral Resource Estimate (JORC 2012) of 12.4MT @ 1.6 g/t Au for 635,000 ounces.
Alto’s Sandstone Project covers ~900km2 representing the vast majority of the historic Archaean Sandstone Goldfield 600km north of Perth in the East Murchison Mineral Field of Western Australia. It is centred on the small township of Sandstone.
Please note the following valuable information before using this website.
Independent Research
Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified.
