Alto Ventures Ltd ATV:CA in joint venture with Foundation Resources Inc FDN:CA announced assay results from the Coldstream Property in Ontario. Highlights include 0.97 g/t gold over 61.7 metres (including 1.9 g/t over 23.75 metres and 4.57 g/t over 6.05 metres), 0.76 g/t over 23.55 metres (including 2.8 g/t over 1.6 metres and 3.73 g/t over 2.3 metres) and 0.5 g/t over 25.5 metres (including 1.03 g/t over 7.7 metres).
Foundation is the project operator and is funding the program towards earning an initial 60% interest in the Coldstream Property. The property has an historical, non-NI 43-101 compliant mineral resource estimate of 1.5 million ounces gold inferred.
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Alto Ventures Ltd
by Ted Niles