| ||Wed Mar 24, 2010|
Alto Re-Activates Alcudia Project in the Urban-Barry Gold Belt, Quebec, Summer Exploration Planned
| ||Vancouver, B.C., March 24 2010. Alto Ventures Ltd. (ATV: TSX-V) is pleased to announce that it is preparing exploration programs for its Alcudia property in the Urban-Barry gold belt of Quebec to commence this summer. The property lies adjacent to the Windfall Lake property from which drill intersections of 14.2 g/t gold over 52 m were reported recently.|
Alto's history of exploration work on the Alcudia property includes surface IP geophysical surveying, geological mapping, and limited trenching, but no previous drilling. Results from the geophysical work have delineated a prominent northeast trend of IP Chargeability anomalies. There is a well established coincidence of gold mineralization to sulphides and northeast trending shear zones on the neighbouring properties (see map below).
Surface prospecting and trenching programs in the past have located sheared and altered volcanic rocks containing structurally controlled sulphides and slightly anomalous values in gold and copper.
However, the greater part of the property is swampy and devoid of outcrops so most of the geophysical targets will be tested by diamond drilling.
The Company's exploration programs will start this summer with surface channel sampling of the previously trenched areas and a field assessment to determine if parts of the property can be drilled during the summer season. This will be followed by diamond drilling to test several of the key IP Chargeability anomalies.
Mike Koziol, Alto's President and CEO says "We held on to the Alcudia property for many years convinced that its geological and geophysical signatures are similar to the neighbouring properties from which drill intercepts containing significant gold values have been reported. Now with the recently announced success on the adjoining Windfall Lake property, we will be accelerating our exploration plans."
Mike Koziol, P. Geo., P.Eng., Alto's President and CEO is the Qualified Person who has reviewed and approved the content of this news release.
About Alto Ventures Ltd
Alto Ventures Ltd. is a gold exploration and development company with a portfolio of highly prospective properties in the Canadian Shield. The Company is currently active in Quebec where it is
focussed on its gold projects in the Abitibi Greenstone Belt and in Ontario in the Beardmore and Shebandowan gold districts.
ON BEHALF OF THE BOARD,
Mike Koziol, P. Geo., P. Eng.
President and 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:
Investor Relations Manager
ALTO VENTURES LTD.
910-475 Howe Street
Vancouver, BC, V6C 2B3
Email: [email protected]
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