Mining

Alto Metals reports more high-grade gold mineralisation from new lode at Lords Corridor

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By Imelda Cotton - 
Alto Metals ASX AME Lords Corridor gold extension drilling Juno

Alto Metals在Lords Corridor的钻探活动证实,Juno金矿仍在开采。

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Alto Metals’ (ASX: AME) new Juno lode within the Lords Corridor at its flagship Sandstone gold project in Western Australia continues to grow with further high-grade results returned from extensional drilling.

The company drilled 13 reverse circulation holes for a total 2,723m and to an average down hole depth of 195m to test up-dip and down-dip extensions of the lode, within the granodiorite damage zone and along the contact of the ultramafic footwall.

Gold mineralisation has now been intersected over 1km at the prospect, with the latest results confirming that the lode remains open.

Significant results were 9m at 3.8 grams per tonne gold from 157m, including 5m at 5g/t gold from 160m; 7m at 4.4g/t gold from 163m; 12m at 2.1g/t gold from 160m, including 1m at 12.4g/t gold from 169m; 17m at 1.6g/t gold from 159m, including 3m at 6.3g/t gold from 171m; and 10m at 1.3g/t gold from 140m, including 5m at 2.1g/t gold from 144m.

Assays confirm the continuity of mineralisation down dip and along strike at Juno, with previously reported recent intersections of 13m at 5.1g/t gold from 162m, including 3m at 17g/t gold from 168m; 23m at 1.7g/t gold from 141m, including 5m at 5.4g/t gold from 154m; 22m at 1.6g/t gold from 135m, including 5m at 5.5g/t gold from 152m; 10m at 2.1g/t gold from 140m, including 3m at 6.3g/t gold from 147m; and 20m at 1.2g/t gold from 116m, including 3m at 6g/t gold from 125m.

Second new lode

Juno is the second new lode discovered from step-out drilling to test strike and plunge extensions of the Lord Nelson footwall and hanging wall lodes.

It follows the discovery of the high-grade Orion lode in 2020 which sits 200m south of the Lord Nelson pit.

Juno is considered an extension of the mineralised zone below the pit, with over 1km strike, which is open to the south and down dip to the west.

Drilling at Juno is part of a major 60,000m program by Alto to target resource growth and exploration as it focuses on existing resources and a number of advanced regional prospects.