Alto Ventures

Published : May 28th, 2008

COMMENCES BUSY EXPLORATION SEASON ON BEARDMORE AREA GOLD PROJECTS, ONTARIO

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Alto Ventures News Release


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ALTO COMMENCES BUSY EXPLORATION SEASON ON BEARDMORE AREA GOLD PROJECTS, ONTARIO

Vancouver, B.C., May 28, 2008. Alto Ventures Ltd. (ATV: TSX-V) is pleased to announce that summer exploration programs have commenced on its Beardmore-Geraldton area projects. The prolific Beardmore-Geraldton Gold Belt has produced over four million ounces of gold in the past at grades that are comparable to the Red Lake mining camp in north western Ontario. The gold belt is experiencing a resurgence of exploration since 2006 and Alto currently owns 100% interest in five projects with two of these being explored jointly with partners. The initial exploration will consist of surface work in preparation for diamond drilling that will follow. The work will be carried out as described below:

Greenoaks

The Greenoaks property is located 43 km northeast of the Town of Beardmore and approximately 5 km west of the Golden Mile gold zone discovered by Kodiak Exploration Ltd. Past exploration on the property resulted in discovery of four gold-quartz vein zones that extend for over 400 m along a northwest trending shear zone. Historical diamond drilling tested the No 1 Zone to 30 m below surface intersecting significant gold including 35.3 grams per tonne ("g/t") gold across 3.2 m. In 1982, 1,171 tons of vein material was mined and milled from the No 1 Zone returning an average grade of 6.1 g/t gold and an additional 53 tons that was mined and milled separately returned an average grade of 17.1 g/t gold. During the winter of 2007 Alto drilled 5 holes and intersected quartz veins containing visible gold with assays that include 12.5 g/t across 0.4 m and 7.08 g/t across 0.8 m. Prospecting and mapping during the 2007 summer program have relocated several of the previously reported quartz veins. The veins were initially exposed in hand dug trenches in the 1940's and are now covered with fallen trees and overburden. The 2007 prospecting has also discovered a new vein that occurs at the base of a rock cliff but it is mostly covered by fallen trees and overburden.

The current summer program will consist of mechanical stripping, washing, sampling and mapping of the various veins in preparation for diamond drilling. Prospecting will also be carried out on the remainder of the property to discover new veins.

Cote-801

The Cote-801 property is located approximately 23 km east of the Town of Beardmore near the junction of Provincial Highway 11 and Tertiary Highway 801. Previous work has identified an east trending shear zone that has returned anomalous gold values for more than 200 m along strike. Gold assays from past work include 61.5 g/t gold in grab samples and 4.5 g/t gold across 0.3 m in saw cut channel samples. Surface work by Alto in 2007 has traced the gold mineralized shear for more than 400 m along strike returning gold values up to 15.5 g/t in grab samples. No drilling has been reported along this shear on Alto's property.

The current summer program will include high resolution magnetometer and XDS/VLF EM airborne surveys, line cutting, prospecting, mechanical stripping, washing, sampling and mapping of the areas trenched before the 2008 winter as well as newly exposed bedrock in preparation for diamond drilling.

Mud Lake

The company will be meeting with its Joint Venture partner Wescan Goldfields Inc in mid June to finalize a program and budget for the summer and fall. Under the terms of the Option Agreement between Wescan and Alto, Wescan has the option to earn 50% interest in the Mud Lake property by spending $600,000 and issuing 150,000 Wescan shares to Alto over two years. Wescan has fulfilled its first year obligations and is entering into the final year of the Option Agreement.

Previous work by Alto has identified a six km segment of a northeast trending shear zone (Mud Lake Shear "MLS") that is strongly altered and hosts several surface gold occurrences along strike. The MLS strikes parallel to the shear that hosts the Brookbank Gold Deposit currently being drilled by Ontex Resources Ltd. Drilling by the JV partners in 2007 and the winter of 2008 tested six of the surface occurrences intersecting gold bearing quartz veins at each site including 13.9 g/t gold across 1.0 m. Prospecting and mechanical stripping have identified other areas along the MLS that require additional work including more prospecting, mechanical stripping and diamond drilling.

Once approved by the Joint Venture, the work program will start in June.

Expansion Lake

The Expansion Lake property lies immediately east of Mud Lake and south of Kodiak's Hercules property. This property was acquired by Alto in late 2007 and little is known about its geology and structures. The summer program will initially include high resolution magnetometer and XDS/VLF EM airborne surveys to be followed by prospecting and mapping.

Cote-Archie Lake

The Cote-Archie Lake property is located 6 km north from the Town of Beardmore and is interpreted by Alto to lie on strike with the historic Leitch Mine which had a reported production of 860,000 ounces of gold at 0.92 oz/ton (31.5 g/t). The Company was informed by Kodiak Exploration Ltd, the operator of the project, that a diamond drilling program is planned for this summer and will include approximately 10 holes to test some of the targets generated previously by Alto as well as new targets identified by Kodiak. Kodiak is also planning trenching on the Angle Lake portion of the property. The planned work could start as early as June. Under the terms of an Option Agreement between Kodiak and Alto, Kodiak has the option to earn 51% interest in the project by spending $1,000,000 on exploration and paying Alto $100,000 in cash or Kodiak shares over three years. Kodiak will be funding this program as per terms of the Option Agreement.

The Company has laid out a busy summer schedule and is excited about the potential targets that will be generated for the subsequent drilling programs. The Company is also very encouraged by the high level of exploration in the Beardmore-Geraldton Gold Belt. Currently, drill programs are being carried out by Kodiak Exploration, Sage Gold, Ontex Resources, Premier Gold Mines and Roxmark Mines.

For more details regarding the Company's Beardmore area projects, please visit our website at www.altoventure.com

Mike Koziol, P. Geo., P.Eng. and Alto's President and CEO is the Qualified Person who has reviewed and approved 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. With a pipeline of quality projects, the Company's approach to maximizing opportunities while minimizing exploration risk is to attract well financed partners with the technical expertise to take projects on to feasibility and subsequently production.

Alto's Management and Board of Directors have a long and successful track record of creating shareholder value through systematic exploration, acquisitions and discovery. The Company is currently active in Quebec where it is focussed on the Despinassy project 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

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information contact:

Mark Prosser
Manager Investor Relations
ALTO VENTURES LTD.
910-475 Howe Street
Vancouver, BC V6C 2B3
Tel: 604-638-3947
Fax: 604-689-3609

Email: mark@altoventures.com
Website: http://www.altoventures.com/

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Alto Ventures

EXPLORATION STAGE
CODE : ATV.V
ISIN : CA0215502075
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Alto Ventures is a gold and cobalt exploration company based in Canada.

Alto Ventures holds various exploration projects in Canada.

Its main exploration properties are COLDSTREAM, DOG LAKE, EXPANSION LAKE, ALCUDIA, EAST COLDSTREAM, OXFORD LAKE, WINDFALL LAKE, COTE ARCHIE LAKE, MUD LAKE, EMPRESS PROJECT ( ALTO), THREE TOWERS, GREENOAKS, DESTINY GOLD and DESPINASSY in Canada.

Alto Ventures is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 6.0 millions as of today (US$ 4.6 millions, € 3.9 millions).

Its stock quote reached its highest recent level on May 22, 1998 at CA$ 9.10, and its lowest recent point on December 03, 2019 at CA$ 0.02.

Alto Ventures has 40 170 000 shares outstanding.

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Financings of Alto Ventures
11/7/2007Announces Closing Of Second And Final Tranches Of Private Pl...
Option Grants of Alto Ventures
12/18/2007 Elects Directors, Approves $1.8 Million Exploration Budget ...
Nominations of Alto Ventures
3/13/2007Appoints Koziol President
Project news of Alto Ventures
6/18/2013(Oxford Lake)Increases Land Holdings to 35,300 Hectares on Its 100% Owned...
6/27/2012(Coldstream)Foundation and Alto Ventures Amend Terms of Coldstream Acqui...
5/14/2012(Destiny Gold)Next Gen Metals Inc. and Alto Ventures Ltd. Intersect 22.7 G...
1/17/2012(Destiny Gold)Next Gen Metals Inc. and Alto Ventures Ltd. Resume 3,500 met...
7/19/2011(Destiny Gold)and Pacific North West Capital Commence First Phase of Explo...
7/6/2011(Coldstream)6,000 Metres of Diamond Drilling Commences at the Coldstream...
5/19/2011(East Coldstream)Drilling Continues to Hit Gold at the East Coldstream Deposi...
4/1/2011(Coldstream)Coldstream Property Expanded to the North of the High-Grade ...
3/22/2011(East Coldstream)New High-Grade Gold Intersected Approximately 1500 metres No...
3/17/2011(Alcudia)Receives Drilling Results From the 2011 Alcudia Project in t...
3/7/2011(Destiny Gold)and Pacific North West Capital Expand Gold Potential and Fil...
3/1/2011(East Coldstream)and Foundation Commission an NI43-101 Mineral Resource Estim...
1/24/2011(Destiny Gold)Updated NI 43-101 Mineral Resource Estimate Reports Signific...
10/5/2010(Coldstream)35.65 m Averaging 2.10 g/t Gold Intersected at the Sanders Z...
10/6/2009(Coldstream)Summer Exploration Program Completed on Coldstream Gold Proj...
12/11/2008(Mud Lake)2008 Exploration Program Identifies New Targets and Confirms...
10/1/2008(Greenoaks)CHANNEL SAMPLES UP TO 34.1 g/t (0.99 oz/ton) GOLD AT GREENOA...
9/4/2008(Greenoaks)PROVIDES EXPLORATION UPDATE ON BEARDMORE AREA PROJECTS
5/9/2008(Despinassy)Completes Winter Program, Receives Final Results From Drilli...
3/25/2008INTERSECTS HIGH GRADE GOLD AT DESPINASSY, QUEBEC
3/3/2008COMPLETES PURCHASE OF DESPINASSY PROJECT, QUEBEC AND STARTS ...
2/21/2008(Mud Lake)ALTO-WESCAN JOINT VENTURE CONTINUES TO INTERSECT GOLD ON THE...
1/29/2008(Mud Lake)GOLD INTERSECTED ON THE ALTO-WESCAN MUD LAKE PROJECT
10/4/2007(Mud Lake)Wescan Finalize Drill Contract For Mud Lake Project, Beardmo...
7/5/2007(Cote Archie Lake)Samples 8 g/t Gold at Cote-Archie Lake Project, Beardmoreger...
3/20/2006(Despinassy)continues to intersect high-grade gold at the DAC deposit, D...
Corporate news of Alto Ventures
8/18/2016Alto Stakes More Gold Claims at its 100% Owned Miner Lake Pr...
5/30/2016Final $150,000 Cash Payment Received From Sale Of Coldstream...
11/4/2015Alto Recovers 578 Gold Grains From Glacial Till Samples At M...
5/18/2015Priority Targets Identified From High-resolution Airborne Ma...
4/22/2015Priority Targets Identified From High-Resolution Airborne Ma...
4/1/2015Recovers Kimberlite Indicator Minerals on the West Fisher Cl...
4/1/2015Alto Ventures Recovers Kimberlite Indicator Minerals on the ...
2/26/2015Alto Ventures Ltd.: Priority Targets Identified From High-Re...
2/23/2015Alto Ventures Identifies Multiple Kimberlite Indicator Miner...
1/22/2015Alto Ventures Confirms Kimberlite Indicator Minerals on the ...
1/14/2015Alto Reviews 2014 Highlights and 2015 Exploration Plans
12/17/2014Alto Initiates Airborne Magnetometer Survey on Its Pikoo Are...
10/7/2014Alto Ventures Completes Till Sampling on Its Pikoo Area Diam...
9/9/2014Alto Ventures Commences Exploration on its Pikoo Area Diamon...
4/8/2014Alto Receives $750,000 in Virginia Mines Shares and Complete...
3/24/2014Alto Agrees to Sell its NSR Royalties on the Windfall and Al...
3/24/2014Alto Agrees to Sell Its NSR Royalties on the Windfall and Al...
3/19/2014Martin Doyle Adds Diamond Expertise To Alto's Board Of Direc...
3/19/2014Martin Doyle Adds Diamond Expertise to Alto's Board of Direc...
8/15/2013(Oxford Lake)Grab Samples 37.2 g/t Gold on Its 100% Owned Oxford Lake Pro...
4/11/2013Confirms Gold Potential for Over 1.6 km at Its 100% Owned Em...
9/19/2012Appoints New Director and Grants Stock Options
6/23/2011Summer Program Started at Miner Lake, Beardmore-Geraldton Go...
6/14/2011(East Coldstream)Drilling Intersects 5.18 g/t Gold at the East Coldstream Dep...
5/31/2011Announces Addition to Management Team
5/11/2011(East Coldstream)Drilling Indicates Continuity of Gold Mineralization, East C...
4/20/2011(East Coldstream)and Foundation Resources Drill 10 g/t Gold; Expand Main and ...
1/21/2009Provides Results from the Fall 2008 Exploration Programs
6/25/2008ALTO-WESCAN JOINT VENTURE
5/28/2008COMMENCES BUSY EXPLORATION SEASON ON BEARDMORE AREA GOLD PRO...
4/7/2008 e-invite to the Calgary Investment Conference
1/16/2008ACQUIRES MORE GROUND IN BEARDMORE-GERALDTON
12/11/2007 Samples 15.5 G/T Gold At Cote-801 Project, Beardmore-Gerald...
11/22/2007-Wescan Start Drilling Mud Lake Project, Beardmore-Geraldton...
10/17/2007Increases Financing To $2.65 Million
9/5/2007Acquires New Project In The Beardmore-Geralton Gold Belt
8/21/2007Wescan Joint Venture Approves $300,000 Fall Exploration Prog...
5/17/2007Retains Investor Relations Professional
3/20/2007Gold Intersected At Clarke Occurrence, Beardmore Area, Ontar...
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