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Alto Ventures Completes Drilling ON Gefa Property Adjacent to Pikoo Diamond Discovery, Saskatchewan

Exploration Programs

NEWS RELEASE

ALTO VENTURES COMPLETES DRILLING ON GEFA PROPERTY ADJACENT TO

PIKOO DIAMOND DISCOVERY, SASKATCHEWAN

Vancouver, B.C., February 9, 2017. Alto Ventures Ltd. (ATV: TSX-V) (“Alto”) has completed a

Reverse Circulation (RC) drilling program on the GEFA claims immediately adjacent to the Pikoo

diamond discovery. The program tested four high priority diamond targets identified from Alto's 2015

high resolution aeromagnetic survey that are interpreted to be consistent with kimberlite intrusions.

Some of the aeromagnetic targets are up-ice from Kimberlite Indicator Mineral (KIM) dispersion trains

delineated during the 2014 glacial till sampling program.

Three of the four aeromagnetic targets are related to locally increased magnetite concentrations in

metasedimentary gneiss. The fourth target is related to an ultramafic intrusive body surrounded by

quartz-feldspar-biotite gneiss. The program did not locate any kimberlites and the source rocks to the

KIM dispersion train remain unknown. There are numerous other high priority aeromagnetic targets

on the GEFA property that are worthy of follow-up. Further work will require detailed glacial till

sampling for KIMs to prioritize the aeromagnetic targets prior to drilling.

Alto is working to earn a 60% interest in the 13,150 ha property by completing an aggregate $750,000

in exploration work and making cash payments totaling $60,000 before July 20, 2017.

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.

About Alto Ventures Ltd

Alto Ventures Ltd. is an exploration and development company with a portfolio of highly prospective

Canadian gold and diamond 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. The Company's diamond properties are located in

northern Saskatchewan near the recent discovery of diamonds on the Pikoo Project. 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

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

[email protected]

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: 604-630-1585

Email: [email protected]