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Re: News Release - Tuesday, December 11, 2007
Alto Samples 15.5 G/T Gold At Cote-801 Project,
Beardmore-Geraldton Gold Belt
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DRILLING UNDERWAY ON NEARBY MUD LAKE PROJECT
Vancouver, B.C., December 11, 2007. Alto Ventures Ltd. (ATV: TSX-V) is
pleased to announce the receipt of initial results from the Company's
recent prospecting program on its Cote-801 Property. Encouragingly,
assays of samples collected during this program have returned grades of
up to 15.5 g/t gold. The Cote-801 property is in the historically
productive Beardmore-Geraldton Gold Belt and located 20 km east of the
town of Beardmore and 12 km south of the Hercules Property on which
Kodiak Exploration Ltd. has reported significant assay results from its
recent drilling.
The Company's prospecting program was carried out in October and
focused on a segment of sheared and altered iron formation from which
gold mineralization was reported in the past. Previous work, dating
back to the early 1990's, identified gold on surface for 200 m along
strike (see Alto news release dated 5th September 2007). Alto's recent
work has now extended the gold bearing iron formation to at least 400 m
along strike with anomalous values in grab samples ranging from 0.1 g/t
gold to 15.5 g/t gold.
Immediately following the prospecting program, Alto undertook trenching
and washing programs but with the early onset of winter weather
conditions, the Company was unable to map and sample the new trenches
in detail and will do so during the early summer months of 2008. This
gold mineralized structure was not drilled previously and with
completion of the recent work, the Company is now anticipating that
diamond drilling will be undertaken once results are received from the
2008 summer mapping and sampling.
The results from this prospecting program are very encouraging as they
have helped identify a number of new targets in the Beardmore-Geraldton
Gold Belt that lie several kilometres south of the current exploration
activities being reported by Kodiak Exploration Ltd, Sage Gold Inc, and
Ontex Resources Ltd.
Alto and its partner Wescan Goldfields Inc are currently drilling the
Mud Lake Project located adjacent to Kodiak's Hercules Property and
only seven kilometres north of the Cote-801 Property (see Alto news
release dated 22nd November 2007).
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.
Quality Assurance/ 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 the Accurassay Laboratories sample
preparation facility in Sudbury Ontario and then shipped by Accurassay
to its analytical laboratory in Thunder Bay for gold 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 twelve 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 Beardmore and Shebandowan
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: 604-638-3947 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
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