ASX Announcement 15 February 2022
For personal use only
Alto Metals Ltd is Presenting at the RIU Explorers Conference
Alto Metals Limited (ASX: AME) (Alto or Company) is pleased to advise that Managing Director, Matthew Bowles, is presenting at the RIU Explorers Conference on Tuesday 15 February 2022 at 5:30pm (WST).
The RIU Explorers Conference will be held at The Esplanade Hotel Fremantle on the 15-17 February 2022. Western Australian attendees can register to attend the conference in person
https://registration.riuconferences.com.au/explorers-conference
Alternatively to view the livestream of the event attendees can register via the following link
https://www.riuexplorersconference.com.au/livestreamingregistration
Please find attached the Company's latest presentation.The presentation can also be downloaded from:
www.altometals.com.au/investor-information/corporate-presentations/
This announcement has been authorised by the Managing Director of Alto Metals Limited.
Matthew Bowles
Managing Director & CEO
About Alto Metals
Alto Metals is an advanced gold explorer that owns the Sandstone Gold Project (100%) located in the east Murchison of Westerns Australia.
The Sandstone Gold Project
covers +900km2 of the Sandstone Greenstone Belt and currently has a mineral resource estimate of 331,000oz gold at 1.7g/t. Alto is currently focused on growing these resources
through continued exploration success and new discoveries
Location of Sandstone Gold
Project within the East
Murchison Gold Field, WA
Alto Metals Limited
Suite 9, 12-14 Thelma Street | admin@altometals.com.au | Issued Shares: | 528m | @altometalsltd |
West Perth, Western Australia 6005 | www.altometals.com.au | Share Price: | $0.084 | |
Altometalsltd | ||||
T: +61 8 9 381 2808 | Market Capitalisation: | $44m | ||
ASX: AME Page | 1 | ||||
ersonal use only
GROWTH + NEW DISCOVERIES IN A HISTORIC GOLDFIELD
Sandstone Gold Project | Western Australia
RIU Explorers Conference 15 - 17 February 2022
www.altometals.com.au | ASX : AME
Important Notice
Summary Information
This presentation has been prepared by Alto Metals Limited (the "Company"). This Presentation contains summary information about the Company and its activities which is current at the date of this Presentation. The information in this Presentation is of a general nature and does not purport to be complete nor does it contain all the information which a prospective investor may require in evaluating a possible investment in the Company or that would be required in a prospectus or product disclosure statement prepared in accordance with the requirements of the Corporations Act.
The historical information in this Presentation is, or is based upon, information that has been released to the Australian Securities Exchange (ASX). This Presentation should be read in
c | njunction with the Company's other periodic and continuous disclosure announcements |
l | dged with the ASX, which are available at www.asx.com.au |
only |
Not an offer
useThis Presentation is not an offer or an invitation to acquire Shares or any other financial products and is not a prospectus, product disclosure statement or other offering document und r Australian law (and will not be lodged with ASIC) or any other law. This Presentation is for information purposes only and is not an invitation or offer of securities for subscription, purchase or sale in any jurisdiction. It should not be considered as an inducement to make an invitation or offer with respect to the New Shares. No agreement to subscribe for securities in the Company will be entered into on the basis of this Presentation. This Presentation is provided on the basis that to the maximum extent permitted by law, neither the Company nor its officers, shareholders, related bodies corporate, partners, affiliates, employees, representatives and advisers make any representation or warranty (express or implied) as to the accuracy, reliability, relevance or completeness of the material contained in the document and nothing contained in
ersonalthe document is, or may be relied upon as a promise, representation or warranty, whether as to the past or the future. The Company hereby excludes all warranties that can be excluded by law.
The information in this document does not take into account the objectives, financial situation or p rticular needs of any person. Nothing contained in this document constitutes investment, leg l, tax or other advice.
Forward-looking statements
This document may contain certain forward-looking statements. Such statements are only predictions, based on certain assumptions and involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control. Actual events or results may differ materially from the events or results expected or implied in any forward-looking tatement. The inclusion of such statements should not be regarded as a representation, warranty or prediction with respect to the accuracy of the underlying assumptions or that any forward looking statements will be or are likely to be fulfilled. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this document (subject to legal disclosure requirements).
Mineral Resources
The references in this Presentation to Mineral Resource estimates for the Sandstone Gold Project were reported in accordance with Listing Rule 5.8 in the following announcements:
- Lord Nelson: announcement titled "Alto increases Lord Nelson Resource by 60% to 109,000 ounces at 1.9 g/t Gold" dated 27 May 2020;
- Lord Henry: announcement titled "Maiden Lord Henry JORC 2012 Mineral Resource of 69,000oz." dated 16 May 2017;
- Indomitable & Vanguard Camp: announcement titled "Maiden Gold Resource at Indomitable & Vanguard Camps, Sandstone WA" dated 25 September 2018; and
- Havilah & Ladybird: announcement titled "Alto increases Total Mineral Resource Estimate to 290,000oz, Sandstone Gold Project" dated 11 June 2019.
The Company confirms that it is not aware of any new information or data that materially affects the information included in the previous market announcement noted above and that all material assumptions and technical parameters underpinning the Mineral Resource estimates in the previous market announcements continue to apply and have not materially changed.
Exploration Results
The references in this Presentation to Exploration Results for the Sandstone Gold Project were reported in accordance with Listing Rule 5.7 in the following announcements:
- Jul-19,16 Mar-20, 2 Apr-20, 22 Apr-20, 27 May-20, 29 Sep-20, 2 Oct-20, 5 Feb-21, 8 Mar-21,
- Apr-21,13 May-21, 2 Jun-21, 1 Jul-21, 2 Aug-21, 19 Aug-21, 25 Aug-21, 9 Sep-21, 5 Oct-21,
- Oct-21,4 Nov-21, 8 Dec-21, 17 Dec-21, 31 Jan-22, 14 Feb-22.
The Company confirms that it is not aware of any new information or data that materially affects the information included in the previous market announcements noted above.
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Sandstone Gold Project
Systematic exploration driving resource growth and new discoveries in a historic goldfield
only | |
• | Strategic land position of +900km2, covering the majority of the |
underexplored Sandstone Greenstone Belt in the East Murchison in WA |
• Surrounded by multi-million ounce gold deposits and producing mines | |
• | Current Mineral Resource Estimate 6.2Mt @ 1.7 g/t gold for 331,000 oz |
• | Resources are OPENwith numerous high-grade intersections and new |
use | |
discoveries outside the resource |
• Excellent gold recoveries - up to 98% | |
• Limited drilling below 100m - historical focus on oxide material | |
• Well funded with $6.1m to drive exploration in CY2022 | |
ersonal | |
• | 2022 major drilling about to commence - coming weeks |
• Updated resource estimate on track for completion before end MarQ | |
1. | Closing cash at 31 Dec-22. |
Sandstone Gold Project
has produced over
1.3 Moz gold since the 1890's
Historical focus was on near
surface oxide material
Very limited drilling below
100m depth
Indicated & Inferred
Mineral Resource Estimate of
331,000 oz @ 1.7 g/t gold
Major resource and
exploration drill program
about to commence
Updated MRE due this Qtr
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Recent Exploration Highlights
Our major 2021 drilling program deliveredexcellent results
1 Strong continuity of thick, high-grade gold from drilling at Lord Nelson, Orion and Lord Henry
only | o 45m @ 3.2 g/t gold from 161m, incl. 5m | @ 17.0 g/t gold from 162m (SRC432) - Lord Nelson | |
o 48m @ 3.4 g/t gold from 214m, incl. 19m @ 6.0 g/t gold from 223m (SRC423) - Lord Nelson | |||
o 36m @ 2.0 g/t gold from 203m incl. 3.6m @ 10.5 g/t gold from 232.8m (SDD001) - Lord Nelson | |||
o 91m @ 2.8 g/t gold from 56m, incl. 27m | @ 5.1 g/t gold from 72m (SRC257) - Orion | ||
o 64m @ 1.7 g/t gold from 42m, incl. 15m | @ 5.1 g/t gold from 90m (SRC254) - Orion | ||
o 12m @ 5.1 g/t gold from 108m (SRC259) - Lord Henry | |||
2 | New Juno Discovery& broader Central Zone within the Lords Corridor | ||
ersonal use | o | 13m | @ 5.1 g/t gold from 162m, incl 3m @ 17.0 g/t gold from 168m (SRC443) - Juno |
o | 23m | @ 1.7 g/t gold from 141m, incl. 5m @ 5.4 g/t gold from 154m (SRC444) - Juno | |
o | 16m | @ 1.6 g/t gold from 116m incl. 4m | @ 5.3g/t gold from 124m (SRC240) - Central Zone, 200m south of Juno |
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Alto Metals Limited published this content on 15 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 February 2022 02:46:04 UTC.