| Miner Lake Project | Ontario-Canada |
| Target: | GOLD - Large bulk tonnage mineable deposits |
| Interest: | 100% owned by Alto |
| Status: |
Summer program of prospecting and trenching has started in preparation for Fall drilling. High grade gold up to 25.2 g/t in grab samples. Wide zones of anomalous gold with higher grades (5.0 m averaging 3.36 g/t gold) in surface channel samples. Gold is associated with copper sulphides (chalcopyrite). |
| Destiny Project | Quebec-Canada |
| Target: | GOLD |
| Interest: | 100% owned by Alto |
| Status: |
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 |
| Status: |
Exploration rights acquired in 2011 to over 30,000 hectares covering a greenstone belt with historical gold (150,000 ounces grading 6 g/t)* and base metal deposits. An underexplored area with limited drilling. |
Alto Ventures Ltd is a TSX Venture Exchange listed gold and base metal exploration company trading under the symbol ATV.
In Manitoba, Alto has the 100% owned Oxford Lake 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 in 2011 to over 30,000 hectares covering a greenstone belt with limited drilling and under-explored areas for gold and base metal deposits*.
Alto has 6 projects in Ontario in the Beardmore-Geraldton gold camp, and is currently active at Miner Lake.
In Quebec, the Company has 3 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)**
* 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.|
** 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 is an employee of Wardrop, and independent from the Companies as described in section 1.4 of NI 43-101.
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