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Re: News Release - Thursday, July 05, 2007
Alto Samples 8 g/t Gold at Cote-Archie Lake Project,
Beardmoregeraldton Gold Belt
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Vancouver, B.C., July 5, 2007. Alto Ventures Ltd. (ATV: TSX-V) is
pleased to announce results of its recent prospecting program carried
out on the Cote-Archie Lake Property. Gold values up to 8 grams per
tonne (g/t) were obtained in grab samples taken at Cote-Archie Lake
Project which is located 5 kilometres (km) north of the town of
Beardmore in the historically productive Beardmore-Geraldton Gold Belt.
The Beardmore-Geraldton Gold Belt is renowned for having produced more
than four million ounces of gold at an average grade of almost 0.4
ounces per ton (13.7 g/t).
The current prospecting program has focused on the Angle Lake block of
the 2,672 hectares (ha) Cote- Archie Lake Property. The Angle Lake
block is located 5 km east of the area of Alto's previous work where
the Company has identified the Cote-Archie Lake Shear Zone, a major
auriferous structure with gold mineralization at several locations for
two km along its strike length. Locally, gold values up to 11.2 g/t
across one metre chip samples were obtained (see Alto's website
www.altoventures.com and news release dated January 31, 2007). Alto's
Cote-Archie Lake Shear Zone is located 5 km northeast of the former
Leitch Mine and lies on strike along the shear system that hosted the
gold-bearing quartz veins from which 860,000 ounces of gold was
reported to have been produced at an average grade of 0.92 oz/ton (31.5
g/t) prior to the closing of the mine in 1968.
In May, 2007, prospectors Robert and Richard Cote identified and
sampled several locations at Angle Lake that are mineralized with
pyrite and arsenopyrite. Samples from three separate locations
containing both disseminated pyrite and arsenopyrite in sheared rocks
returned gold assays ranging from 2 g/t to 8 g/t. The three
gold-bearing sites occur along the same shear zone and this shear zone
strikes in the same direction as the Cote-Archie Lake Shear Zone and
lies parallel to it.
The results of this prospecting program are very encouraging as they
provide a number of new targets for trenching and subsequent diamond
drilling along a shear structure that lies 5 km east of the Cote-
Archie Lake Shear Zone and trends parallel to it.
Mike Koziol, P. Geo., P.Eng. and Alto's President and Director is the
Qualified Person who has reviewed and approved the content of this news
release.
QualityAssurance/ Quality Control
Rock samples collected by prospectors were described by Alto geologists
and their locations confirmed in the field. The samples were then
delivered by Alto staff to Accurassay Laboratories in Thunder Bay for
analyses. The gold assaying method uses a standard Fire Assay with AA
finish technique on a 30 gram sub-sample taken from a 500 gram split
from the submitted sample. The laboratory ran internal check assays
every 10 samples to ensure lab quality control.
About Alto Ventures Ltd
Alto Ventures Ltd. is a gold exploration and development company with a
portfolio of eleven 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 the projects onto 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 Shebandowan and Beardmore
gold districts.
ON BEHALF OF THE BOARD,
Mike Koziol, P. Geo., P. Eng.
President
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
For further information contact:
Mark Prosser
Investor Relations Manager
ALTO VENTURES LTD.
910-475 Howe Street
Vancouver, BC, V6C 2B3
Tel: 604-638-3949
Fax: 604-689-3609
Email: mark@altoventures.com
Website: www.altoventures.com
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Copyright (c) 2007 ALTO VENTURES LTD. (ATV) All rights reserved. For
more information visit our website at http://www.altoventures.com/ or
send mailto:info@altoventures.com
Message sent on Thu Jul 5, 2007 at 11:11:36 AM Pacific Time
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