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Alto Ventures Ltd. (TSXV:ATV) provided an overview of its 2014 activities and what it has planned for 2015. The company is focused on diamond exploration in Saskatchewan.
Alto Ventures Ltd. (TSXV:ATV) provided an overview of its 2014 activities and what it has planned for 2015. The company is focused on diamond exploration in Saskatchewan.
2014 highlights include:
- Diversified into diamond exploration in January with the acquisition of strategic properties near North Arrow Minerals Inc. Pikoo diamond discovery in north-central Saskatchewan; Completed a 325 sample till program in September; Commenced a high resolution airborne magnetometer survey in December
- Maintained the Company’s key gold properties in good standing
- Sold its 0.5% NSR Royalty on the Windfall Lake and Alcane properties in northern Quebec for proceeds of $1 million
- Finalized debt settlement with Canoe Mining Ventures Corp on Alto’s former Coldstream Property
Alto’s 2015 plans are as follows:
Alto plans to continue diamond exploration on its Northern Saskatchewan diamond properties. Alto expects to have all of the results and data in hand by the end of March. Further till sampling is expected to be required to better define KIM trains. If the KIM results and airborne magnetic results are positive, a drill program will follow.
Click here to read the full Alto Ventures Ltd. (TSXV:ATV) press release.