Alto Metals Ltd (ASX:AME) has revealed that it has an initial 5000-metre reverse circulation (RC) drill program underway at its Bull Oak and regional targets within the Sandstone Gold Project in Western Australia.
This phase of drilling is planned to test up and down dip extensions of up to 200 metres from known gold mineralisation below the historical Bull Oak open pit along with additional step-out drilling in untested areas around the pit.
The company has also planned drilling at regional targets, including extensional targets at Vanguard and Hacks North prospects.
Alto is also conducting a low-cost multi-element soil sampling initiative at the Sandstone Project.
$AME Alto Metals sees significant growth potential at Bull Oak https://t.co/DOYt4OfG57 @AltoMetalsLtd #AME #ASX #ASXNews— Proactive Australia (@proactive_au) September 19, 2023
High-impact program
Alto managing director Matthew Bowles said: “We are pleased to have an RC rig back on site drilling at our Sandstone Gold Project.
“We see considerable near-term growth potential at Bull Oak and with the historically reported high grades, are excited to be drilling this outstanding target.
“This high-impact program is initially testing extensions of the stacked lodes below the open pit at Bull Oak and includes four, 300-metre-deep step-out holes.
“The overall program also includes drilling at priority regional targets, and we look forward to updating shareholders as the program continues."
Forward plan
The first phase of drilling comprises 2400 metres of drilling across 18 RC holes planned for the Bull Oak prospect.
Bull Oak has demonstrated “outstanding” growth potential with potential for near-term resource growth at the mine.
A further 2,600 metres of drilling is also planned at priority regional targets, including Vanguard and Hacks North.