Alto Ventures Ltd is a TSX Venture Exchange listed gold and diamond exploration company trading under the symbol ATV.
The Company has acquired land holdings in north central Saskatchewan, Saskatchewan Diamonds Properties that total almost 90,000 hectares through claim staking and the purchase/option of claims with favourable geology fordiamonds. Alto’s land holdings are located near the recently discovered diamondiferous kimberlites on the Pikoo property operated by North Arrow Minerals Inc.
In Quebec, the Company owns two gold projects including Destiny, which has an NI43-101 compliant Indicated Resource of approximately 10.8 million tonnes averaging 1.05 g/t gold (364,000 ounces) plus an Inferred Resource of approximately 8.3 million tonnes averaging 0.92 g/t gold (247,000 ounces)* at the DAC Deposit. Results from diamond drilling by Alto Ventures on the Darla Zone include 78.7 g/t gold over 1.0 m within an 8 m interval averaging 11.3 g/t gold in hole DES12-147. Gold values of 22.7 g/t over 1.05 m were intersected in DES12-154. Other mineralized intercepts at Darla include two zones in hole DES12-144 which assayed 1.05 g/t gold over 10 m in one zone and the other assayed 1.04 g/t gold over 11.0 m. The Darla Zone is located one km east of DAC along the same structure.
This announcement as a matter of record only