ATV Alto Ventures Ltd

Alto Ventures Ltd. (TSX VENTURE:ATV) 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 (see Alto's news
release dated December 31, 2013).


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
diamond potential of the northern Saskatchewan Craton is being tested by North
Arrow Minerals Inc. with the discovery in 2013 of several kimberiltes containing
diamonds (see North Arrow Minerals news release dated November 5, 2013).


Terms for the acquisition of 100% interest in the six claims include total cash
payments of $18,000 staged over two years and the issuance of 25,000 shares of
Alto to the Vendor. When Alto becomes 100% owner of the claims it will grant to
the Vendor a 2% Net Smelter Returns Royalty ("NSR"). Alto retains the right to
buy back 1% of the NSR for $1 million. The acquisition is subject to acceptance
by the TSX Venture Exchange.


This news release has been reviewed and approved for technical content by Mike
Koziol, P. Geo, a qualified person under the provisions of National Instrument
43-101.


About Alto Ventures Ltd

Alto Ventures Ltd. is an exploration and development company with a portfolio of
highly prospective Canadian gold and base metals properties. The Company is
active in Quebec in the Abitibi greenstone belt on the Destiny gold property and
in Ontario, exploring in the Beardmore-Geraldton gold belt. In Manitoba, the
Company is focused on the gold and base metals potential of the highly
prospective but relatively under-explored Oxford Lake property. Recently, the
Company started to diversify its portfolio with the acquisition of large
packages of land in Saskatchewan that are prospective for hosting diamonds. 


For more details regarding the Company's projects, please visit our website at
www.altoventures.com. 


ON BEHALF OF THE BOARD,

Richard J. Mazur, P. Geo., CEO 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alto Ventures Ltd.
Mike Koziol
President and Director
705-522-6372
705-522-8856 (FAX)
koziol@altoventures.com


Alto Ventures Ltd.
Rick Mazur
CEO and Director
604-638-3943
604-689-3609 (FAX)
info@altoventures.com
www.altoventures.com

Alto Ventures (TSXV:ATV)
Historical Stock Chart
From Apr 2024 to May 2024

Alto Ventures (TSXV:ATV)
Historical Stock Chart
From May 2023 to May 2024