Alto Ventures Ltd. is pleased to announce that it has agreed to sell its underlying 0.5% NSR Royalty on the Windfall and Alcane properties to Virginia Mines in consideration for an amount of $750,000 payable by the issuance of common shares in the capital of Virginia at a price per share of $13.00. This price is equal to the Volume Weighted Average Price of Virginia on the Toronto Stock Exchange for the last five day [...]
Alto Ventures Ltd. is pleased to announce the appointment of Martin Doyle, P.Geo., MBA to Alto's Board of Directors. Martin is a seasoned diamond and gold exploration executive with over 35 years international experience in the De Beers and Anglo American organizations. Martin's last assignment with De Beers was from 2004 to 2011 as Senior Vice President, Exploration of De Beers Canada Exploration Inc. This was a very [...]
Alto Ventures Ltd. is pleased to announce the Company has entered into an Option Agreement to acquire a 60% interest in four mining claims immediately adjacent to the southeast of North Arrow Minerals Pikoo diamond discovery in northern Saskatchewan. Alto's land holdings now total approximately 85,000 hectares through claim staking and the purchase/option of claims with favourable geology for diamonds.
Alto is pleased to announce the acquisition of six mining claims covering approximately 3,500 ha for diamond exploration near the new Pikoo diamond discovery in Saskatchewan. Alto's land holdings now total almost 72,000 ha of potentially favourable geology for diamonds. The six new claims are located approximately 140 km east of the Town of La Ronge, Saskatchewan and within 15 km from the Pikoo PK150 kimberlite. The [...]
Alto Ventures Ltd. is pleased to announce it has entered into an amending agreement with Birch Hill Gold Corp concerning the sale of its ownership in the Coldstream property in Ontario. As consideration for Alto's 40% interest in the Property, BHG was to pay $2,500,000 payable through the issuance of 10,000,000 common shares at a price of $0.12 per share and $1,300,000 in cash over a six month period. BHG has paid to Alto [...]
Alto is pleased to announce gold values of up to 37.2 g/t from grab samples collected during the reconnaissance sampling program completed in June, 2013 on its Oxford Lake property in Manitoba. The Oxford Lake property hosts the historical Rusty Gold deposit and several other gold occurrences. The property covers approximately 35,300 ha and is 100% owned by the Company. Alto has completed a reconnaissance style bedrock [...]
Alto is pleased to announce that it has increased the land position of its 100% owned Oxford Lake Property to approximately 35,300 hectares. The increase was facilitated by the granting to Alto of a new Mineral Exploration License by the Government of Manitoba adjoining to the Company's existing property. The acquisition of this new MEL enhances the potential for discovery of both gold and gold-silver-copper-zinc massive [...]
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