Alto Metals (ASX:AME) identifies significant gold target at Sandstone North

Alto Metals Limited (ASX:AME) has defined a major new 6 kilometre long gold and pathfinder anomaly at Sandstone North in Western Australia. The anomaly, identified from surface soil samples, correlates with a major north-south trending interpreted shear zone along a regional fold axis, in a similar position along strike to the high-grade Sandstone North prospect. The gold anomaly is coincident with elevated levels of Arsenic (As), Copper (Cu) and Lead (Pb), which are pathfinder elements associated with orogenic gold mineralisation and conform to the interpreted structural controls and geological models of the known mineralisation in the area. The company plans to commence a low-cost air-core (AC) drilling program early Q1 2024 to further explore this exciting new gold target.

Alto Metals (ASX:AME) Managing Director's perspective on the discovery

Alto's Managing Director, Matthew Bowles, expressed excitement about the discovery, stating, 'Our low-cost regional soils program has identified what appears to be a very large, structurally controlled gold target extending over six kilometres at Sandstone North. The high-grade nature of gold mineralisation, structural setting and relatively under-explored area presents an outstanding regional target. Preparations are already underway for an initial ~5,000m of low-cost air-core drilling to commence early next quarter at this exciting new gold target, which has the potential to lead to the discovery of a significant, structurally hosted gold prospect, at Sandstone North.'

Outlook for Sandstone Gold Project

The recent discovery of a major 6km long gold and pathfinder anomaly at Sandstone North highlights the under-explored potential of the Sandstone Gold Project, covering over 740km2 of the Sandstone Greenstone Belt. With the upcoming low-cost air-core drilling program, Alto Metals aims to further explore the potential of this new gold target. The company remains focused on the Alpha Domain, which hosts the current 832koz pit-constrained mineral resource, while recognizing the significant upside presented by the Sandstone North target. Alto Metals' longer-term strategy involves growing the existing resources within the Alpha Domain and reviewing multiple advanced brownfield prospects to support a stand-alone operation at the Sandstone Gold Project.