Alto Metals eyes best day in a month on identifying multiple gold targets in WA
10/10/2022 04:58
** Shares of Australia's Alto Metals AME.AX rise as much
as 9% to A$0.07, their highest since Sept. 12
** The gold explorer announces ongoing regional evaluation
of multiple advanced prospects within the co’s Sandstone Gold
Project in Western Australia
** Says review of historic Oroya & Hacks mines identifies
multiple near-mine gold targets
** Adds that Hack West, a 16 sq km target area, is
considered highly prospective for additional 'repeat' high-grade
gold reefs
** Stock posts its biggest intraday pct gain since Sept. 9
** Stock has fallen 30.9% this year, as of last close
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com;))