Alto Metals Ltd (AU:AME) has released an update.
Alto Metals Ltd has identified a promising 1km long gold anomaly at Sandstone North, backed by initial infill soils and first pass drilling, with assay results awaited. In addition, the company secured an option to acquire the ‘Lightning’ gold prospect, where historical drilling showed high-grade gold mineralization, though it remains untested at depth. Alto Metals remains committed to expanding its resources and reported a cash position of $2.8 million at the quarter’s end.
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