|Northern Saskatchewan Diamond Properties||Saskatchewan-Canada|
|Interest:||100% interest in 76,000 ha favourable for diamonds
Option to earn 60% interest in 13,150 ha contiguous to the Pikoo diamond discovery
Early stage exploration in the northern Sask Craton; Diamond potential of the area has been confirmed with discovery of diamonds on the adjoining Pikoo project operated by North Arrow Minerals Inc.
|Interest:||100% owned by Alto|
The DAC Deposit has an NI-43-101 compliant Indicated Resource of Approximately 10.8 million tonnes averaging 1.05 g/t gold (364,000 ounces) plus and Inferred Resource of approximately 8.3 million tonnes averaging 0.92 g/t gold (247,000 ounces). The DAC Deposit is open on strike and depth.
|Oxford Lake Project||Manitoba-Canada|
|Target:||(1) Gold associated with banded iron formation (BIF)
(2) Copper-Zinc-Gold-Silver massive sulphides (VMS)
|Interest:||100% owned by Alto; Razore Rock Resources Inc. has an option to earn 60% interest|
Exploration rights to 35,000 hectares of geology favourable for BIF and VMS mineralization; 2012 drilling returned 2.7 m averaging 6.7 g/t gold in one zone and 6.8 m averaging 5.7 g/t gold in another; Historical Resource** of 800,000 tonnes grading 6 g/t gold (150,000 ounces of gold).
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 for diamonds. 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 four 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)*
In Manitoba, Alto owns the Oxford Lake gold project which includes a historical gold deposit (800,000 tonnes grading 6 g/t gold, containing 150,000 ounces)** and excellent potential for base metals. Exploration rights were acquired to over 35,000 hectares covering a greenstone belt with limited drilling and under-explored areas for gold and base metal deposits. In December, 2013 the Company signed an Exploration and Option Agreement with Razore Rock Resources Inc. under which Razore Rock can earn up to 60% working interest in the Oxford Lake gold property over the next four years.
Alto owns six gold projects in Ontario in the Beardmore-Geraldton gold camp and is currently active at Miner Lake. Style of mineralization and geological setting at Miner Lake have many similarities to that at the Cote Lake gold deposit being developed by IAMGOLD.
* Todd McCracken, P.Geo, is a Qualified Person ("QP") for purposes of the NI 43-101 Report. He is responsible for preparing the Report and the Resource Estimate disclosed in the Report. Mr McCracken, at time of filing of the Report on SEDAR was an employee of Wardrop a Tetra Tech Company, and independent from the Companies as described in section 1.4 of NI 43-101.
** Note: These historical resource estimates have not been calculated or classified under the specifications outlined in National Instrument 43-101and should not be relied upon.