🕐17.03.11 - 23:27 Uhr
Alto Receives Drilling Results from the 2011 Alcudia Project
Alto Receives Drilling Results from the 2011 Alcudia Project
In the Urban-Barry Gold Belt, Quebec
March 17, 2011,Vancouver, BC Alto Ventures Ltd.
(ATV: TSX-V) reports
diamond drilling results from the Alcudia gold project located in the
Urban-Barry gold belt, Quebec.
The Alcudia property is bordered to the west
by the Windfall Lake gold project currently being explored by Eagle Hill
Exploration Corp and to the east and south by the Urban-Barry project
operated by Amseco Exploration Ltd.
The 2011 drill program consisted of 11 holes totalling 1,688 m to test
previously delineated high priority IP geophysical targets mainly in the
south and east end of the property.
The drilling has identified the IP
anomalies which are related to various amounts of sulphides, mainly pyrite
and pyrhhotite, and gold mineralization was limited to one anomaly of 0.235
g/t gold over 1.0 m.
The Company believes that the areas of the strong IP anomalies in the south
and east corners of the property have been sufficiently tested and plans no
further work there.
However a number of structural and geological targets
remain to be drilled in the northwest corner of the property.
These targets
are favourably located closer to the Windfall Lake gold mineralization that
is being explored by Eagle Hill Exploration.
The Alcudia property is owned 100% by Alto.
Quality Assurance/ Quality Control
Core processing included descriptive logging and selection of samples for
analyses.
The NQ-size cores were sawed in half and one half was delivered to
a commercial laboratory.
The samples were delivered to the Accurassay
preparation laboratory in Sudbury where they were crushed and a 500 gram
pulp was prepared.
The pulp was then shipped to Accurassay Laboratories in
Thunder Bay for analyses.
The gold assaying method uses a standard Fire
Assay with AA finish technique on a 30 gram aliquot taken from a 500 gram
split from the submitted sample.
Commercially prepared standards and blanks
were inserted by Alto every 25 samples to ensure precision of the results.
The laboratory performs repeat check assays every 10 samples on pulps to
ensure internal lab quality control.
Robert J.
Tremblay P.
Geo (Quebec), Consulting Geologist to Alto Ventures,
was responsible for supervision of the diamond drilling program.
He is the
Qualified Person who has reviewed and approved the technical content of this
news release.
About Alto Ventures Ltd
Alto Ventures Ltd.
is a gold exploration and development company with a
portfolio of highly prospective properties in the Canadian Shield.
The
Company is active in Quebec in the Abitibi greenstone belt where it is
working on a number of projects including the Destiny property.
A Resource
Estimate of 10.8 million tonnes averaging 1.05 g/t gold Indicated (364,000
ounces) and 8.3 million tonnes averaging 0.92 g/t gold Inferred (247,000
ounces) was filed on Sedar on March 7, 2011 for the DAC Deposit; the DAC
Deposit is one of several gold occurrences on the Destiny property.
In
Ontario the Company is exploring in the Beardmore-Geraldton gold belt and
the Shebandowan gold district.
Recently, with the acquisition of the Chilko
project in British Columbia, the Company has added large tonnage
bulk-mineable porphyry style deposits to its exploration targets.
For more details regarding the Company’s projects, please visit our website
at www.altoventures.com.
ON BEHALF OF THE BOARD,
Richard Mazur, P.
Geo.,
CEO & Director
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 contact:
Mike Koziol,
President and Director
ALTO VENTURES LTD.
Unit 8 - 1351D Kelly Lake Rd
Sudbury, ON., P3E 5P5
Tel: 705-522-6372
Fax: 705-522-8856
Email:
Website: www.altoventures.com
Richard Mazur,
CEO & Director
ALTO VENTURES LTD.
910-475 Howe Street
Vancouver, BC, V6C 2B3
Tel: 604-689-2599
Fax: 604-689-3609
Email:
Website: www.altoventures.com
Alto Ventures Ltd .
910 - 475 Howe Street
Vancouver, BC V6C 2B3
Canada
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