Alto Ventures Ltd.
Alto Ventures Ltd.
Projects

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Vassal

Vassal, Quebec

Highlights

  • new grass-roots targets in a major gold producing belt
  • located on strike from Destiny Gold Project
  • targets include Abitibi-style shear-hosted quartz vein systems and gold rich VMS deposits similar to the LaRonde Mine, Quebec
  • numerous airborne VTEM and magnetic anomaly targets
  • excellent access

Location and Access

  • 40km northeast of Amos, Quebec, in the Abitibi greenstone belt
  • located west of Alto's Destiny Gold Project
  • access is excellent via Quebec Provincial Highway 397 and a series of old logging roads

Size

  • Approximately 57 square kilometres
Ownership
  • 100% Alto Ventures

2010 Exploration Program

  • Grid preparation and ground HLEM surveying over selected VTEM targets to confirm their locations and relative strength prior to drilling
  • Diamond drilling of approximately 1700m
Vassal, Quebec

Maps


Vassal Ground Surveys
Vassal, Quebec

Geology

  • In the Abitibi greenstone belt
  • targets are Archean shear hosted gold systems similar to Destiny, other targets include Cu-Zn-Au rich VMS deposits, with similarities to the multi-million ounces Laronde Mine, associated with felsic volcanics and formational conductive trends
  • the property lies on strike to the west of the mafic-intermediate volcanic belt that extends from the Destiny Gold Project
  • no outcrops on the property so geology and structures are interpreted from airborne geophysics and 9 historical holes

History

Previous work was very limited. In 2008, Alto completed VTEM electromagnetic and helicopter-borne magnetic surveys over the property. Numerous EM conductors were detected many of which have direct magnetic association, including 10 high and medium priority targets with VMS-type signatures. Another seven high to medium priority structural targets (shear zones) were recognized from interpretation of airborne magnetic and VTEM data. These are being targeted for Abitibi-type shear hosted lode gold deposits. Previous drilling was limited to only nine holes that were completed between 1973 and 1988. The Garland Showing, with drilled values of 47 g/t gold, 3.6% copper and 3.6% zinc lies 5km northwest of the property and lies along a volcanic-tonalite contact that extends onto the Vassal Property. These are new grassroots targets in a major gold producing belt.