Singapore Mining Club

Alto Metals

Share This Post

Alto Metals is a gold exploration company based in Western Australia. It holds a significant land position of over 740km2 in the Archaean Sandstone Gold Field approximately 600km north of Perth in the East Murchison Mineral Field of Western Australia

Alto Metals is aggressively exploring the Sandstone Gold Project in Western Australia.  With a rapidly growing shallow gold resource and significant regional potential.

Corporate Overview  

Sandstone has a long gold mining history, already producing over 1.3Moz gold and there is no better place to find gold than in a tier-one jurisdiction that hosts several major producing multi-million-ounce mines but still has vast untapped potential.

AME has established a 635,000oz open pit gold resource at the Sandstone project, which is still growing with shallow gold mineralisation remaining open at depth and along strike with extensive high-grade gold intersected outside the current resource.

The project is surrounded by major operations like Goldfields’ 10 Moz Agnew, Ramelius Resources’ 6Moz Mt Magnet and Westgold Resources’ Big Bell.

Rapid Growth

The company has seen a ‘step-change’ in exploration in recent years driving rapid resource growth and with 50,000m of drilling completed in 2022, the explorer is on track to deliver another resource upgrade in the March quarter of 2023.

Backed by a board and management with a proven track record of making successful discoveries, Alto offers exposure to the significant exploration and growth potential of a historic and underexplored Archean greenstone belt.

Key Investment Highlights

  • Significant land position over the majority of the underexplored Sandstone greenstone belt in WA’s East Murchison region, surrounded by multi-million-ounce gold deposits and producing mines.
  • Open pit resource of 12.4 million tonnes at 1.6 grams per tonne for 635,000 ounces of contained gold and growing, with a resource upgrade on track for Q1 2023.
  • Strong pipeline of priority targets and shallow resources that are open at depth and along strike with numerous high-grade intersections outside the resource.

Alto Metals Ltd

Suite 9/12-14 Thelma Street

West Perth, WA, 6005

admin@altometals.com.au

www.altometals.com.au

(1) Alto Metals Ltd. (@AltoMetalsLtd) / Twitter

https://www.linkedin.com/company/altometals/