Alto Metals

CompanyAlto Metals

  • Location: Australia
  • Tickers:
    • ASX:AME
  • Commodities:
    • Gold
  • Project Stages:
    • Exploration

Alto Metals 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 17.64 million tonnes at 1.5 grams per tonne for 832,000 ounces of contained gold, within optimised and constrained pit-shells (A$2,500), capturing over 80% of the total 1.05Moz unconstrained MRE and remained open along strike and at depth.
  • 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 is focused on unlocking the value of an entire gold field, with a strategic ground position of more than 740km2 covering the majority of the underexplored Sandstone greenstone belt in the East Murchison region of Western Australia, which has already .  

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 832,000oz open pit gold resource within optimised pit-shells 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. 

 

The company has seen a ‘step-change’ in exploration in recent years driving rapid resource growth and new discoveries.

 

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.

Alto Metals
ASX
  • asx: ame

    • -0.001 (-1.67%)

* Based on previous 24 hours performance

  • asx: ame

    • -0.002 (-3.28%)

* Based on previous 7 days performance

  • asx: ame

    • -0.005 (-7.81%)

* Based on previous 12 weeks performance

  • asx: ame

    • -0.011 (-15.71%)

* Based on previous 12 months performance

Open 0.05900 Volume 0
High 0.05900 52w High 0.08400
Low 0.05900 52w Low 0.05500
Close 0.05900

* 29 May 2023 (AUD)

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