Alto Confirms High Grades from Grab Samples of Narrow Veins ON Hyers Island at Oxford Lake, Manitoba
NEWS RELEASE
ALTO CONFIRMS HIGH GRADES FROM GRAB SAMPLES OF NARROW VEINS ON
HYERS ISLAND AT OXFORD LAKE, MANITOBA
Vancouver, B.C., September 1 9, 2017 . Alto Ventures Ltd. ( ATV: TSX -V) is pleased to announce
highlights of results from the 2017 summer program in the Hyers Island area on the Oxford Lake
project in Manitoba. Results from the magnetic trend hosting the Rusty banded iron formation
("BIF") associated gold deposit and the Cat Eye Bay area of the Oxford Lake pro ject will be released
in the near future. The Hyers Island area is one of three separate locations worked on in 2017 and lies
near the south end of this large property, approximately six kilometres southwest from the Rusty gold
deposit. The Oxford Lake property covers 36,000 ha of geology prospective for hosting BIF associated
gold deposits, syn -orogenic gold deposits and gold associated with sulphide copper-zinc-silver
mineralization.
The objectives of the 2017 rock grab sampling, geological mapping, and prospecting program were: 1)
to verify grades at historical showings; 2) to follow up previously underexplored targets along a 30 km
trend of magnetic highs that are associated with BIF units which host the historical Rusty Gold Deposit
and the Blue Jay go ld zone , and 3) to identify new targets . In total, 803 rock grab samples were
collected on the entire Oxford Lake property and results reported here are from the Hyers Island area
only. The results of the 2017 work, once fully compiled and interpreted wil l be incorporated into the
data base in preparation for diamond drilling that is being planned for 2018.
2017 Exploration Highlights in the Hyers Island Area
Verification grab samples returned up to 109 g/t Au within a 15cm wide quartz-sulphide-carbonate
vein from the south shore of Hyers Island ; the vein also includes 16.9 g/t Ag, 0.7% Cu and 24% Zn.
Several other notable gold and gold -base metals samples were obtained from narrow quartz-sulphide
veins and sulphide pods near the south shore of Hyers Isl and including 7.2 g/t Au and 83.7 g/t Ag; 2.1
g/t Au and 24.1 g/t Ag; 1.2 g/t Au and 14.5 g/t Ag; and 2.3 g/t Au (see Figure 1).
Significant gold values with accessory silver and zinc were obtained from bedrock grab samples
mineralized with pyrite and sph alerite on north Hyers Island including 4.9 g/t Au with 51 g/t Ag and
12.7% Zn; 1.8 g/t Au and 15.9 g/t Ag; and 2.9 g/t Au. These sulphide zones are from a few cm to
several metres in width but the extent of these zones, controls on mineralization and con tinuity have
not yet been determined. Other high-grade gold and silver values were obtained from a narrow quartz-
sulphide vein located west of Hyers Island. The vein assayed 12.4 g/t Au with 48 g/t Ag.
The significance of the numerous gold and gold -base metals occurrences in the Hyers Island is not yet
understood. Additional work is required in this area to better understand the controls on mineralization
before drilling is carried out.
ALTO VENTURES LTD.
Suite 615 - 800 W. Pender Street
Vancouver, B.C. V6C 2V6
Tel: 604.689.2599
Fax: 604.689.3609
www.altoventures.com
The Rusty and Blue Jay Banded Iron Formation Deposits
Results fro m the 2017 work along the 30 km trend of aeromagnetic highs hosting the Rusty Gold
Deposit are currently being compiled and will be released in the near future. The Rusty Gold Deposit,
reported to host Historical Resource* of 800,000 tonnes averaging 6 g/ t Au and containing
approximately 154,000 ounces of gold, is associated with BIF. In 2012, Alto drilled hole RUS12-03 in
the Blue Jay area approximately two kilometres on trend and east of the Rusty Deposit. RUS12 -03
intersected two zones of high-grade gold mineralization associated with the same extensive BIF unit as
the Rusty Deposit. Results from one zone are 2.7 m averaging 6.7 g/t gold including 22.5 g/t gold over
0.5 m and from the second zone 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. A sin gle diamond drill hole completed in 1992 along this 30 km
aeromagnetic trend intersected 0.98 g/t over 3.1 m in BIF in the Carrot River area located
approximately 10 km west of the Rusty Gold Deposit . Minimal past exploration was completed in the
overburden covered Carrot River area along this trend of tremendous potential for BIF gold
mineralization.
* The historical resources were estimated prior to NI43-101 standards being enacted and a Qualified Person (QP), as defined by NI43-
101, has not done sufficient work to classify these historical estimates as current mineral resources. Alto is not treating the historical
estimate as current mineral resources, as defined by NI43-101, and thus the historical estimates should not be relied upon.
Quality Control
Rock grab samples were shipped to the ALS Canada laboratory in Thunder Bay, where the rocks were
crushed and pulverized to prepare sample pulp s up to 250 grams to 85% passing 75 microns. The
pulps were then shipped by ALS Canada to their Vancouver laboratory for gold and multi -element
analyses. The gold assaying method uses a standard Fire Assay with AA finish technique on a 30 gram
sub-sample taken from a 250 gram split from the submitted sample. Check assays were performed on
samples with gold values greater than 10 g/t Au using Fire Assay and Gravimetric finish.
Commercially prepared standards were inserted Alto with each batch of samples shipped to ensure
precision of the results.
The samples were also tested for 35 other elements using ICP Aqua -Regia digestion (ALS-ME-ICP41
35 element A qua Regia). Ore grade analyses were performed on certain samples where base metal
values exceeded the maximum detection ranges for the ICP-Aqua Regia methods.
Alto’s President, Mike Koziol, P. Geo. is a qualified person under the provisions of National
Instrument 43-101 and approves the technical data and conclusions in this news release.
Figure 1 Oxford Lake Property 2017 Hyers Island Highlights showing rock grab samples containing >1 g/t Au.
About Alto Ventures Ltd
Alto Ventures Ltd. is an exploration and development company with a portfolio of highly prospective
Canadian gold properties. The Company is active in the Abitibi greenstone belt in Quebec on the
Destiny gold property and is exploring in the Beardmore -Geraldton gold belt in Ontario. In Manitoba,
the Company is focused on the gold and base metals potential of the highly prospective but relatively
under-explored Oxford Lake property. For more details regarding the Company's projects, please visit
our website at www.altoventures.com.
ON BEHALF OF THE BOARD,
Richard J. Mazur, P. Geo.,
CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
For further information contact:
Mike Koziol,
President and Director
ALTO VENTURES LTD.
Unit 7 – 1351C Kelly Lake Rd
Sudbury, ON., P3E 5P5
Tel: 705-522-6372
Email: [email protected]
Rick Mazur,
CEO and Director
ALTO VENTURES LTD.
Suite 615-800 W. Pender Street
Vancouver, BC, V6C 2V6
Tel: 604-689-2599
Email: [email protected]