ATV Alto Ventures Ltd

Alto Ventures Ltd. (TSX VENTURE:ATV) is pleased to announce that it has
increased the land position of its 100% owned Oxford Lake Property to
approximately 35,300 hectares. The increase was facilitated by the granting to
Alto of a new Mineral Exploration License ("MEL") by the Government of Manitoba
adjoining to the Company's existing property. The acquisition of this new MEL
enhances the potential for discovery of both gold and gold-silver-copper-zinc
massive sulphide mineralization in several areas on the Oxford Lake Project (see
Figure 1).


Cat Eye Bay 

The new MEL hosts several historical gold-base metals showings in the Cat Eye
Bay area of Oxford Lake. Previous work was limited to prospecting, trenching and
completion of several shallow diamond drill holes in the 1970's. Results from
the historical drilling were encouraging and include 9.3 g/t gold, 89.5 g/t
silver and 4.4% zinc over 0.52m as well as 10.63 g/t gold and 27.4 g/t silver
over 0.5m respectively. A grab sample from one of the historical surface
trenches collected during Alto's property visit in 2012 confirmed the gold-base
metals mineralization with assays of 4.1 g/t gold, 24 g/t silver, 1.1 % copper
and 3.9% zinc. The grab sample was taken from an overgrown trench and contained
massive sulphides (pyrite-chalcopyrite-sphalerite). This area lay dormant since
the 1980's and is under-explored.


Rusty Deposit and Blue Jay Zone 

The mineralization at Cat Eye Bay combined with the other significant gold and
base metals occurrences confirm the Oxford Lake project to be highly
prospective. Some of the other occurrences include the Rusty Gold Deposit with
reported Historical Resources(i) of 800,000 grading 6 g/t gold as well as gold
mineralization drilled by Alto Ventures in 2012 in the Blue Jay area located 2.2
km east of the Rusty Deposit. Hole RUS12-03 intersected several gold zones
including two with high grades; Zone One - 2.7 m averaging 6.7 g/t gold
including 22.5 g/t gold over 0.5 m and Zone Two - 6.8 m averaging 5.7 g/t gold
including 11.7 g/t gold over 1.6 m and 16.5 g/t gold over 1.0 m (see Alto news
release dated May 8, 2012). Gold in these occurrences is associated with banded
iron formation ("BIF") and mineralization is open along strike and depth.


Hyers Island 

The Hyers Island area is located near the southwest end of the property and
occurrences of gold and massive sulphide copper mineralization are reported from
historical work, including a historical deposit reported to contain 360,000
tonnes of mineralized material averaging 2.56% copper. The historical copper
deposit is not owned by Alto but the Company's property surrounds it.


The Company is planning a small surface sampling program in 2013 to located and
sample some of the historical mineral occurrences.


To view "Figure 1. Outline of Alto's Oxford Lake Property showing property
geology and gold occurrences", please visit the following link:
http://media3.marketwire.com/docs/alto_map.jpg.


About the Rusty Gold Zone Deposit

The Rusty Gold Zone hosts a Historical Resource(i) of 800,000 tonnes at an
average grade of 6 g/t and contains approximately 154,000 of gold. The
mineralization was drilled to a depth of 600 metres by Noranda and is open along
strike and to depth. The resource was estimated in 1990 and a Qualified Person
(QP), as defined by NI43-101, has not done sufficient work to classify this
historical estimate as current mineral resources. Alto is not treating the
historical estimate as current mineral resources, as defined by NI43-101, and
thus the historical estimate should not be relied upon. The Rusty Gold Zone is
associated with a banded iron formation (BIF) and is one of several significant
gold occurrences associated with a regional trend of aeromagnetic "High"
anomalies. This aeromagnetic trend, which extends for 30 km in the northern half
of Alto's Oxford Lake property, is interpreted to be the geophysical signature
of the BIF that hosts gold mineralization. 


About the Oxford Lake Project

The 35,296 ha Oxford Lake gold property is located in central Manitoba,
approximately 150 km southeast of Thompson. Geologically, the property lies in
the Oxford Lake-Knee Lake greenstone belt near the west end of the Superior
Province of the Canadian Shield. The Oxford Lake property lies along a major
regional structural corridor that hosts the pre-development Monument Bay Gold
Deposit near the eastern end of this corridor. The Monument Bay Deposit hosts
reported resources of 1.04 million ounces of gold in the Indicated and Measured
categories plus 1.72 million ounces in the Inferred category (see Mega Precious
Metals Inc website) and is located approximately 150 km east of the Oxford Lake
project. This corridor is relatively under-explored and could be an early stage
analogue to the large gold-producing Destor-Porcupine or Larder-Cadillac
corridors in Ontario and Quebec. 


Qualified Person Statement

This news release has been reviewed and approved for technical content by Mike
Koziol, P. Geo, a qualified person under the provisions of National Instrument
43-101.


About Alto Ventures Ltd

Alto Ventures Ltd. is an exploration and development company with a portfolio of
highly prospective Canadian gold and base metals properties. The Company is
active in Quebec in the Abitibi greenstone belt on the Destiny gold property and
in Ontario, exploring in the Beardmore-Geraldton gold belt. In Manitoba, the
Company is focused on the gold and base metals potential of the highly
prospective but relatively under-explored Oxford Lake property 


For more details regarding the Company's projects, please visit our website at
www.altoventures.com. 


ON BEHALF OF THE BOARD,

Richard J. Mazur, P. Geo., CEO 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alto Ventures Ltd.
Mike Koziol
President and Director
705-522-6372
705-522-8856 (FAX)
koziol@altoventures.com


Alto Ventures Ltd.
Rick Mazur
CEO and Director
604-638-3943
604-689-3609 (FAX)
info@altoventures.com
www.altoventures.com

Grafico Azioni Alto Ventures (TSXV:ATV)
Storico
Da Mag 2024 a Giu 2024

Grafico Azioni Alto Ventures (TSXV:ATV)
Storico
Da Giu 2023 a Giu 2024