Alto Ventures (TSXV: ATV) owns two gold projects including Destiny, which has an NI43-101 compliant Indicated Resource of approximately 10.8 million tonnes averaging 1.05 g/t gold (364,000 ounces) plus an Inferred Resource of approximately 8.3 million tonnes averaging 0.92 g/t gold (247,000 ounces)* at the DAC Deposit. Results from diamond drilling by Alto Ventures on the Darla Zone include 78.7 g/t gold over 1.0 m within an 8 m interval averaging 11.3 g/t gold in hole DES12-147. Gold values of 22.7 g/t over 1.05 m were intersected in DES12-154. Other mineralized intercepts at Darla include two zones in hole DES12-144 which assayed 1.05 g/t gold over 10 m in one zone and the other assayed 1.04 g/t gold over 11.0 m. The Darla Zone is located one km east of DAC along the same structure.
In Manitoba, ATV owns the Oxford Lake gold project which includes the historical Rusty gold deposit (800,000 tonnes grading 6 g/t gold, containing 150,000 ounces). In 2012 the Company drilled hole RUS12-03 in the Blue Jay area approximately two km on trend and east of the Rusty Deposit (Rusty-Blue Jay Trend). RUS12-03 intersected two zones of high-grade gold mineralization: Zone One – 2.7 m averaging 6.7 g/t gold including 22.5 g/t gold over 0.5 m and Zone Two – 6.8 m averaging 5.7 g/t gold including 11.7 g/t gold over 1.6 m and 16.5 g/t gold over 1.0 m.
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