🕐23.06.11 - 12:54 Uhr
SUMMER PROGRAM STARTED AT MINER LAKE
SUMMER PROGRAM STARTED AT MINER LAKE,
BEARDMORE-GERALDTON GOLD BELT, ONTARIO
Vancouver, B.C., June 23, 2011.
Alto Ventures Ltd.
(ATV: TSX-V) is
pleased to announce that its summer exploration program has started at Miner
Lake in the Beardmore-Geraldton Gold Belt.
The objective of this surface
work is to better define targets for a diamond drilling program scheduled to
start in July.
The surface work includes geological mapping, outcrop
washing and saw-cut channel sampling.
Mike Koziol, President & Director of Alto, states, "Exploring the Miner Lake
property has been very exciting.
The recognition that gold occurs in wide
sulphide-bearing shear zones and breccias rather than in narrow quartz vein
settings is encouraging as this style of mineralization is favourable for
the formation of large deposits.
We are looking forward with great
anticipation to the drilling program that will follow in July."
Gold mineralization at Miner Lake is associated with extensive zones of
shearing and areas of hydrothermally altered breccias in a quartz-diorite to
a diorite intrusive plug and the surrounding volcanic rocks.
Pervasive
sulphide mineralization of pyrrhotite, pyrite and chalcopyrite occurs
throughout the intrusive, including some zones of mineralization that exceed
60 m in width.
Surface sampling by Alto in 2009 and 2010 has confirmed the
widespread distribution of gold including wide zones up to 19 m averaging
1.78 g/t gold and 0.11% copper in saw cut channels and up to 25.2 g/t gold
in grab samples (see Alto News Release dated May 26, 2010).
The size
potential of the shear and breccia zones is not yet known but the intrusive
body that hosts the gold has surface dimensions of 2.5 km by 1km and gold
mineralization has been found at numerous locations within the intrusive,
and recently near its boundaries.
The Miner Lake property had been subject to sporadic exploration work prior
to Alto’s 2010 program and the areas of gold mineralization have not been
drilled previously.
The property is located only 50 road kilometres from
the Town of Beardmore and is easily accessible to drilling and other
exploration work all year-round.
Mike Koziol, P.
Geo., P.Eng., Alto’s President and Director is the Qualified
Person who has reviewed and approved the content of this news release.
About Alto Ventures Ltd
Alto Ventures Ltd.
is an exploration and development company with a
portfolio of highly prospective Canadian gold properties.
The Company is
developing advanced projects at its Destiny gold property in Quebec and its
Coldstream gold property in Ontario.
Further exploration activities are
planned on its Beardmore-Geraldton gold properties, the Oxford Lake gold
project in Manitoba and the Chilko gold project in British Columbia.
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 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:
Rick Mazur,
CEO & Director
ALTO VENTURES LTD.
910-475 Howe Street
Vancouver, BC, V6C 2B3
Tel: 604-689-2599
Fax: 604-689-3609
Email:
Alto Ventures Ltd.
910 - 475 Howe Street
Vancouver, BC V6C 2B3
Canada
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