Business
Alto Ventures Advances Key Properties; Receives New Resource Estimate
Jan. 31, 2011 (Baystreet.ca) -- Vancouver, British Columbia, January 31, 2011 – The S...
About this update from Big Ridge Gold Corp
[{"type":"text","content":"\nAlto Ventures Advances Key Properties; Receives New Resource Estimate\n\n\n Jan. 31, 2011 (Baystreet.ca) -- Vancouver, British Columbia, January 31, 2011 – The Smartstox Online TV Talk Show is alerting subscribers and other resource stock investors to new developments at Smartstox-profiled company Alto Ventures Ltd. (ATV.V)(ALVLF.PK) and to the availability of a recent interview with the company's CEO at www.smartstox.com/interviews/atv.Last week Alto Ventures (ATV.V)(ALVLF.PK) and their joint-venture partner announced receipt of an updated NI43-101 Technical Report that includes a new Mineral Resource Estimate for the DAC Gold Deposit on their Destiny Project located near Val d'Or, Quebec. The DAC deposit is made up of narrow high grade gold-bearing quartz veins occurring within five parallel alteration zones. These alteration zones carry gold at lower grades than the quartz veins but are significantly wider. The new report indicates that recent exploration programs have greatly expanded the DAC Deposit and significantly increased the contained ounces of gold. At a cut-off grade of 0.5 g/t gold, the five gold zones contain an Indicated Resource of 364,000 contained ounces at an average grade of 1.05 g/t gold, and an Inferred Resource of 247,000 ounces at an average grade of 0.92 g/t gold. The deposit occurs at surface and is yet open in both strike and dip. Assay results from the last round of drilling in December are yet to arrive. Alto is also currently drilling their Alcudia gold project in Quebec; several IP geophysical targets could indicate gold-bearing sulphide mineralization, and recent success by neighbouring juniors bodes well for Alto's exploration program.Rick Mazur, CEO of Alto Ventures, told us much more about the company and its many prospective projects in our Smartstox interview available at www.smartstox.com/interviews/atv.The content prepared by DSMA/Smartstox is for informational purposes only. Any third party statement and/or opinion and/or any forward-looking statement expressed within any DSMA/Smartstox content shall not be considered a recommendation or endorsement from DSMA/Smartstox to buy or sell securities from companies profiled by Smartstox. The information in DSMA/Smartstox content has not been approved or disapproved by any securities authority. Interested parties are encouraged to read ...