======================================================================
Re: News Release - Tuesday, August 21, 2007
Alto-Wescan Joint Venture Approves $300,000 Fall Exploration
Program at Mud Lake, Beardmore-Geralton Gold Belt
======================================================================
Vancouver, B.C., August 21, 2007. Alto Ventures Ltd. (ATV: TSX-V) is
pleased to announce that a $300,000 surface exploration program and
budget have been approved by Joint Venture partners Alto Ventures and
Wescan Goldfields Inc. (WGF: TSX-V) for the Mud Lake property in the
Beardmore- Geraldton Gold Belt. The program will include mechanical
stripping and trenching which is scheduled to start in mid September
followed by diamond drilling in October or early November when the
contracted drill becomes available.
A major auriferous shear zone (Mud Lake Shear - MLS) that extends for
over six kilometres along strike has been identified on the property.
Thirteen gold occurrences are exposed in surface trenches along the MLS
and sampling of these has returned gold assays as high as 50 g/t in
grab samples (see Alto's news release from November 27, 2006). The
planned mechanical stripping and washing program will concentrate on
areas of mapped shearing in-between some of the previously identified
surface occurrences along the MLS to determine if these segments of the
shear zone contain mineralized quartz veins.
Previous drilling by Alto (see Alto's news releases from March 5 and
March 20, 2007) has intersected gold in each of three surface
occurrences tested along the MLS, up to 13.9 g/t gold/1.0 m. The 2007
fall drill program will consist of 18 to 20 holes and will in part
follow-up on gold mineralization intersected at two of the three
occurrences drilled previously and test for the first time, another
three occurrences along the MLS not yet drilled.
The current program is part of a longer term strategy to evaluate each
of the surface occurrences with diamond drilling and start to delineate
in detail those that display continuity of mineralization and grade and
show potential for the concentration of economic mineralization.
Under the terms of the Mud Lake Option Agreement, Wescan can earn 50%
in the property by funding $600,000 in exploration and issuing a total
of 150,000 Wescan shares to Alto over two years. This program is funded
by Wescan as per terms of the Option Agreement.
The Beardmore Geraldton Gold Belt is experiencing a resurgence of gold
exploration and Alto is pleased to participate with its partner Wescan
in this resurgence.
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.
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: 604-689-2599
Fax: 604-689-3609
Email: mark@altoventures.com
Website: www.altoventures.com
======================================================================
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 Tue Aug 21, 2007 at 10:11:14 AM Pacific Time
======================================================================
.