Stock: Alto Ventures

CVE:ATV
http://www.altoventures.com/

Alto Ventures is a gold explorations company currently exploring in Ontaria, Quebec and recently British Columbia. The model of operation is to aquire properties 100%, add value with drilling the option parts of the project off to finance the development.

Projects

Coldstream (Ontaria)

The Coldstream project is located in the Burchell Lake Area and has good access. It covers 5,394 hectares and is 100% owned by Alto Ventures, although the Company have signed a Purchase Option Agreement with Foundation Resources. This agreement means Foundation Resources can earn a 60% interest by spending $3 million over four years developing the asset and issuing 1 million shares of Foundation Resources to Alto Ventures. Foundation Resources can earn an additional 10% by funding the completion of a Feasibility Study.

Gold has been discovered along a 10km corridor with drilling results including 27.28m at 4.88 g/t gold. A
Historical (not 43-101 compliant) resource of 5.1 million tonnes at 1.4g/t of gold is given for the east of the Coldstream deposit. The Deposit is open along its length and at depth and drilling has shown consistency with Iron-Oxide-Copper-Gold (IOCG) type deposits seen on the property.

Other gold zones have been found near the south west of the property including 0.95 g/t gold across 34 meters. One of these zones, the Sanders Zone, has shown results of, 35.65 metre-wide zone averaging 2.1 g/t gold including 4.42 g/t gold over 9.00 m and 4.72 g/t gold over 4.5m and 27.35 metre-wide zone averaging 1.06 g/t gold including 9.23 g/t gold over 2.2 m.

Destiny (Quebec)

The Destiny Project is again owned 100% by Alto Ventures Ltd purchased from Cameco Gold, although again the Company have signed an agreement with Pacific Northwest Capital, where by Pacific Northwest Capital will pay Alto Ventures $200,000, 250,000 common shares of Pacific Northwest Capital, and complete a total of $3,500,000 in exploration expenditures over a four year period to earn a 60% interest in the Destiny Gold property. Subsequent to vesting of its interest, Pacific Northwest Capital will form a joint venture with Alto Ventures to further develop the project.

The DAC deposit within this project is made up of narrow high grade gold-bearing quartz veins within five alteration zones. These zones carry gold at lower grades than the quartz veins but are significantly wider. The structure is though to be similar geologically to the mines surrounding the Cadillac Fault, a geological feature that has released over 100million oz of gold in its history. A recent 43-101 Report that includes a Mineral Resource Estimate for the DAC deposit shows an indicated resource of 364,000 ounces at an average grade of 1.05 g/t gold, and an inferred resource of 247,000 ounces at an average grade of 0.92 g/t gold.

Alcudia (Quebec)

The Alcudia project covers 320 hectares and is again owend 100% by Alto Ventures Ltd. This project is currently on hold.

Chilko (British Columbia)

The Chilko project covers 8,207 hectares and is again owend 100% by Alto Ventures Ltd. This property is located within a very good neighbourhood of operating mines and is host to gold-copper porphyry deposits. Currently in waiting for results of a summer drill program on this project.

Beardmore-Geraldton Gold Belt (Ontario)

The Beardmore-Geraldton Gold Belt is host to a number of projects for Alto Ventures who started aquiring in land there in 2006.

Cote-Archie Lake - Is a property with 860,00 oz of past production and is optioned to Kodiak Exploration Ltd who can earn upto 51% by spending $1 million over 3 years

Three Towers - Is 100% owned by Alto Ventures covers some 1,056 hectares and has returned about 15g/t gold from sampling

Mud Lake - Is 100% owned by Alto Ventures and covers 2,592 hectares and has returned about 8g/t - 50p/t gold from trenching and grab sampling.

Miner Lake - This project has got Alto Ventures excited.  Is 100% owned by Alto Ventures and includes 42 claims covering 672 hectares. Grab sampling has revealed 25 p/t gold. It is a breccia style deposit within an intrusive and is very consistant across length.


There major work next is on the Coldstream property with a February drilling programm planned and then moving to the minor lake project in March. The company are very excited about Minor lake and I can't wait to see the results.

As ever DYOR.