Alto Metals Limited (ASX: AME) (Alto or the Company) is pleased to announce that a regional aircore (AC) drilling program is now underway at its 100% owned Sandstone Gold Project in Western Australia.

An initial 4,000m program is planned to test shallow gold targets identified from the recent infill soils sampling program at the Sandstone North prospect. The infill program was completed over this strongest gold response, covering an area of 1,200m x 600m on 40m x 40m spacing. The gold results delineated a coherent gold anomaly over 1km strike, including values of up to 100ppb gold. Background gold-in-soil values at Sandstone North are generally below detection (i.e. < 1 ppb Au). The location of the gold anomaly also correlates with a major north-south trending interpreted shear zone along a regional fold axis, in a similar position and approximately 1.5kms along strike, from historical workings and high-grade drilling results. The gold anomaly correlates well with anomalous arsenic values potentially indicative of underlying mineralisation. Previous exploration at Sandstone North by Western Mining Corporation (WMC) demonstrated that arsenic is closely correlated with gold-in-lag surface samples, and more importantly, is associated with gold mineralisation within drilling below the historical workings

Regional Targeting & Exploration

Low-cost regional targeting work is ongoing, including over the Hacks West area (which hosts numerous old workings and historic shafts, yet has had limited modern exploration), in parallel with resource growth targeting work. The Company currently has a shallow, open pit gold resource of 17.6Mt @ 1.5 g/t gold for 832,000 oz optimised and pitconstrained within A$2,500/oz pit-shells. Importantly the mineral resources are shallow with over 90% within 150m from surface.

About Alto Metals

Alto Metals Ltd (ASX: AME) is an advanced gold explorer that owns the Sandstone Gold Project (100%) located in the East Murchison of Western Australia. The Sandstone Gold Project covers 740km2 of the Sandstone Greenstone Belt and currently has an optimised, open-pit constrained mineral resource estimate of 832,000oz gold at 1.5g/t, capturing over 80% of the unconstrained total MRE of 1.05Moz. Importantly the mineral resources are shallow with over 90% within 150m from surface Alto is currently focused on growing these resources through continued exploration success and new discoveries.

Forward-Looking Statements

This release may include forward-looking statements. Forward-looking statements may generally be identified by the use of forward-looking verbs such as expects, anticipates, believes, plans, projects, intends, estimates, envisages, potential, possible, strategy, goals, objectives, or variations thereof or stating that certain actions, events or results may, could, would, might or will be taken, occur or be achieved, or the negative of any of these terms and similar expressions. which are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of Alto Metals Limited. Actual values, results or events may be materially different to those expressed or implied in this release. Given these uncertainties, recipients are cautioned not to place reliance on forward-looking statements. Any forward-looking statements in this release speak only at the date of issue. Subject to any continuing obligations under applicable law and the ASX Listing Rules, Alto Metals Limited does not undertake any obligation to update or revise any information or any of the forward-looking statements in this release or any changes in events, conditions or circumstances on which any such forward looking statement is based

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