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27.3 METRES OF 4.88 G/T GOLD DRILLED ON ALTO VENTURES COLDSTREAM PROPERTY

27.3 METRES OF 4.88 G/T GOLD DRILLED ON ALTO VENTURES COLDSTREAM PROPERTY

articleBig Ridge Gold CorpMarch 29, 20104/company/big-ridge-gold-corp/news/273-metres-of-488-gt-gold-drilled-on-alto-ventures-coldstream-property
27.3 METRES OF 4.88 G/T GOLD DRILLED ON ALTO VENTURES COLDSTREAM PROPERTY

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[{"type":"text","content":"\n27.3 METRES OF 4.88 G/T GOLD DRILLED ON ALTO VENTURES COLDSTREAM PROPERTY\n\n\n Mar. 29, 2010 (TheNewswire.ca) -- -27.28 m wide zone averaging 4.88 g/t gold; includes 13.55 g/t gold over 3.0 m-47.25 m wide zone averaging 1.3 g/t gold of multiple higher-grade sections including 11.80 g/t gold over 1.20 m-Results still pending for seven drill holesVancouver B.C. March 29, 2010: Alto Ventures (TSXV:ATV) Ltd. (ATV: TSX-V) is pleased to announce the results for the first two holes of the recently completed diamond drilling program on the East Coldstream Deposit (\"Deposit\") at the Coldstream Property in Ontario. Foundation Resources Inc (TSXV:FDN) (FDN: TSX-V) is the operator and is funding this exploration program to earn an interest in the project.The first two holes (C-10-14 and C-10-15) are located 50 m apart from each other and were drilled at the Main Zone of the Deposit. Both drill holes intersected wide zones of gold mineralization which include multiple higher grade sections. Gold in both drill holes is associated with 1 to 8 percent disseminated pyrite and occurs within strongly sheared and hydrothermally altered (silica, albite, sericite, magnetite and hematite) mafic to intermediate metavolcanics and quartz-feldspar porphyry intrusive rocks. Significant results are as follows:Table of Significant Gold Assays from the First Two Holes of the 2010 Winter Drilling Program\nDrill Hole No. From (m) To (m) Width (m) Gold (g/t) \nC-10-14 includes 190.45 192.30216.95227.30228.55 237.70 198.20218.95229.75229.75 47.25 5.902.002.451.20 1.30 3.016.159.6211.80 \nC-10-15 includes 169.45 193.73 196.73 196.73 27.28 3.0 4.88 13.55 \nDrill hole C-10-14 was drilled at 157°/-50º to a depth of 358.75 m and C-10-15, located approximately 50 m south-southwest of C-10-14, was drilled at 165º/-54º to a depth of 297.79 m. All intervals are represented as down hole core lengths with true widths estimated to be about 75% of core length. Assay results for the remaining seven holes completed in the 2010 program will be released as they become available.The objectives of the nine-hole, 2, 090 m drilling program were to in-fill gaps between the widely spaced historic drill holes and increase confidence in the continuity of gold grades at the historical Deposit. The program was designed to intersect significant gold mineralization a...

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