Alto Metals Limited (ASX: AME)
Full Report Available atGROWTH THROUGH PERSISTENCE
Alto Metals Limited (“Alto” or “the Company”) has recently completed an aggressive ~60,000 m drill programme that has returned very positive results on the 100% owned 331 koz Sandstone Gold Project (“SGP” or the “Project”), which covers the majority of the underexplored Sandstone Greenstone Belt (“SGB”), some 800 km NE of Perth in the Yilgarn of Western Australia.
The SGB, which covers ~900 km2, has been a gold producer since the early 1900s, with an overall endowment (including historic production and current resources) of some 2.4 Moz. The most recent production was by Herald Resources Limited (formerly ASX: HER, “Herald”) and Troy Resources Limited (ASX: TRY, “Troy”) from the 1990s up until 2010, with a total of 636 koz mined from several shallow oxide pits.
Alto Metals is engaged in the exploration of a number of uranium tenements in Western Australia.
Independent Investment Research, "IIR", is an independent investment research house based in Australia and the United States. IIR specialises in the analysis of high quality commissioned research for Brokers, Family Offices and Fund Managers. IIR distributes its research in Asia, United States and the Americas. IIR does not participate in any corporate or capital raising activity and therefore it does not have any inherent bias that may result from research that is linked to any corporate/ capital raising activity.
IIR was established in 2004 under Aegis Equities Research Group of companies to provide investment research to a select group of retail and wholesale clients. Since March 2010, IIR (the Aegis Equities business was sold to Morningstar) has operated independently from Aegis by former Aegis senior executives/shareholders to provide clients with unparalleled research that covers listed and unlisted managed investments, listed companies, structured products, and IPO's.
IIR takes great pride in the quality and independence of our analysis, underpinned by high caliber staff and a transparent, proven and rigorous research methodology.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.