AME 0.00% 3.8¢ alto metals limited

Ann: Drilling underway at Sandstone Gold Project, page-2

  1. 2,977 Posts.
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    Site preparation is visible on Sentinel satellite imagery - exactly what is not clear - preparation and some possible drilling but gives a hint at what is going on.

    https://hotcopper.com.au/data/attachments/6089/6089995-e75230515c386e74f6df21aae682c91d.jpg
    Probably 40+- holes (if all of the 4000m then ~100m per hole) targeting high Au in soils plus coincident Arsenic in this image. Maybe other elements available as well.

    Sentinel time lapse suggests the majority of site prep was done in the last 5 days. Easy terrain without much vegetation makes line clearing and site prep generally easy.
    https://hotcopper.com.au/data/attachments/6090/6090010-ee80f06f4c53dbfe394fec2192da6da3.jpg

    Link to sentinel image for 7 4 24 to DYOR

    Photos in announcement show the rig drilling inclined holes (-60? grid E or W pretty standard).

    The spoil piles show a shallow covering of white material over a much darker material. Interesting that they expect to drill 100m inclined holes with aircore IF THE ABOVE CALCULATION IS ACCURATE. Suggests deep weathering if that is the case.

    I have been interested in AME following up the early WMC discovery to the south since 2016....
 
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