Alto Ventures Ltd

Alto Ventures Ltd is a TSX Venture Exchange listed gold exploration company trading under the symbol ATV. The Company owns and operates gold exploration projects in Quebec, Manitoba and Ontario.

In Quebec, the Company is exploring the 100% owned Destiny gold project in the prolific Abitibi gold belt.. In 2017 the preparation of a new Resource Estimate Report was commissioned to consider the underground potential of the high grade gold zones within the DAC Deposit on the Destiny Project. The DAC Deposit is made up of high grade gold-bearing quartz veins occurring within five parallel altered shear zones. In addition to gold in the quartz veins, the altered zones also carry gold at lower grades than the quartz veins but are significantly wider and contribute to the global gold resources at the DAC Deposit. In 2011 a Resource Estimate Report was prepared to estimate the gold content and grades of the five parallel altered shear zones making up the DAC Deposit. The DAC Deposit 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).

Results from diamond drilling by Alto Ventures on the GAP 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 GAP 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 immediately east of the GAP Zone along the same structure as the DAC Deposit and also has high grade intercepts including 19.5 g/t Au across 2.1 m and 20.6 g/t Au across 0.8 m.

In Manitoba, Alto owns the Oxford Lake gold project which includes the Banded Iron Formation 'BIF') hosted historical Rusty Gold Deposit. The Rusty Gold Deposit has reported Historical Resources of 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 multiple zones of iron formation and anomalous gold including 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.

Alto owns five gold projects in Ontario four of which are in the Beardmore-Geraldton gold camp. The Company is currently active at Miner Lake located north of the Brookbank Deposit being explored by the Centerra Gold Inc.-Premier Gold Mines Ltd. Joint Ventures as part of their Greenstone Project.