Mining Stocks News ;27.3 METRES OF 4.88 G/T GOLD DRILLED ON ALTO VENTURES (ATV: TSX-V) COLDSTREAM PROPERTY
27.28 m wide zone averaging 4.88 g/t gold; includes 13.55 g/t gold over 3.0 m
47.25 m wide zone averaging 1.3 g/t gold of multiple higher-grade sections including 11.80 g/t gold over 1.20 m
Results still pending for seven drill holes
Vancouver B.C. - April 1, 2010 (Investorideas.com Mining stocks newswire) - Alto Ventures Ltd. (ATV: TSX-V) is pleased to announce the results for the first two holes of the recently completed diamond drilling program on the East Coldstream Deposit ("Deposit") at the Coldstream Property in Ontario. Foundation Resources Inc (FDN: TSX-V) is the operator and is funding this exploration program to earn an interest in the project.
The first two holes (C-10-14 and C-10-15) are located 50 m apart from each other and were drilled at the Main Zone of the Deposit. Both drill holes intersected wide zones of gold mineralization which include multiple higher grade sections. Gold in both drill holes is associated with 1 to 8 percent disseminated pyrite and occurs within strongly sheared and hydrothermally altered (silica, albite, sericite, magnetite and hematite) mafic to intermediate metavolcanics and quartz-feldspar porphyry intrusive rocks. Significant results are as follows:
Table of Significant Gold Assays from the First Two Holes of the 2010 Winter Drilling Program
Full news : http://www.investorideas.com/news/mining/4018.asp
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