altoventures com
play

www.altoventures.com November 2011 1 Company Overview 100% - PowerPoint PPT Presentation

Oxford Lake Gold and Base Metals (100%) Miner Lake (100%) Coldstream (40%) Destiny (40%) www.altoventures.com November 2011 1 Company Overview 100% Ownership in a District-Scale Gold and Base Metal Play in Manitoba 100%


  1. Oxford Lake Gold and Base Metals (100%) Miner Lake (100%) Coldstream (40%) Destiny (40%) www.altoventures.com November 2011 1

  2. Company Overview • 100% Ownership in a District-Scale Gold and Base Metal Play in Manitoba • 100% Ownership in a Trelawney-style Gold Play in Beardmore, Ontario • Building Resources on its Joint Venture properties, each with open-pit, 1 Million ounces (+) potential* *this is a Forward Looking Statement, please refer to the Disclaimer at the end of this presentation

  3. Oxford Lake, Manitoba (100%) • Limited drilling; Underexplored area • Exploration rights acquired in 2011 over 30,000 hectares covering a whole greenstone belt with historical gold and base metal deposits • Exploration Targets are (1) gold associated with banded iron formation (BIF) (2) copper-zinc-gold-silver massive sulphides (VMS) • 1,700 km of Airborne Geophysics completed in 2011 over the property • 5,000 metre drill program planned winter 2012 *Note: These historical resource estimates have not been calculated or classified under the specifications outlined in National Instrument 43-101and should not be relied upon. ** 13

  4. Airborne Survey verifies potential for extensions of historical Gold Deposits and Base Metal Potential 0 2km 4km 6km Carghill Island Rusty Blue Jay Area Carrot River 0.98 g/t Au/3.1m High Rock Island 33.5 m of Iron Formation 14.2 m of Massive Sulphides Hyers Island 360,000 tones @ 2.56% Cu Historical Resource (Not Alto Property) Hyers Island

  5. Gold • Gold in Banded Iron Formation (BIF) similar to Musselwhite Mine, Ontario ( past production and reserves of 5.7 million ounces gold) • Rusty Zone Gold Deposit – Noranda historical resource* estimated at 800,000 tonnes averaging 6.0 g/t gold containing 154,000 ounces gold • Other gold zones on strike along the magnetic trend that hosts the Rusty Zone include East Rusty and Blue Jay *Note: These historical resource estimates have not been calculated or classified under the specifications outlined in National Instrument 43-101and should not be relied upon. 13

  6. Rusty and Blue Jay Areas Rusty, East Rusty and Blue Jay Zones drilled to 600m depth & open along strike

  7. Rusty Zone (Consistent Grade and Width)

  8. Carghill Island Area • This area is northeast of Rusty Zone and tested by only 2 holes • Magnetic-conductor trend is interpreted to be the Rusty Gold Trend • Drilling of two holes indicates base metal potential Selco OX-35 and OX-36

  9. Carrot River Area • 10 km conductor trend west of Rusty Zone tested with only 2 holes • Noranda intersected 3.1 m averaging 0.98 g/t gold in one hole • Base metals potential 3.1 m @ 0.98 g/t Au (CR92-2)

  10. Largest Cu-Zn VMS Deposits in Canada* MT Cu Zn Ag Au (G/T) (G/T) • Kidd Creek, Ontario 149 2.9% 6.4% 92 0.05 • Laronde, Quebec 88 0.3% 2.1% 50 4.66 • Ruttan, Manitoba 82 1.3% 1.6% 13 0.50 • Flin Flon, Manitoba 62 2.2% 4.1% 42 2.64 • Geco, Ontario 58 1.9% 3.5% 50 • Horne, Quebec 54 2.2% 0.3% 13 6.10 * Excluding New Brunswick Deposits 18

  11. Base Metals • Massive Sulphide deposits rich in copper, zinc, gold and silver similar to the Geco Mine in Manitouwadge, Ontario • Past production at Geco: 56 million tonnes averaging 1.8% copper, 3.7% zinc, 46 g/t silver • Favourable geological and geophysical targets extend for over 30 km on strike from Hyers Island historical deposit of 360,000 tonnes @ 2.56% Cu 13

  12. High Rock Island Area • Noranda (1986) drill hole intersected 33.5 m of BIF and 14.2 m of massive sulphide mineralization (25- 40% pyrrhotite, 30% pyrite ± sphalerite) • 10 km of conductor trend requires drilling OX3-1-86

  13. Miner Lake, Beardmore, Ontario “Similar to Trelawney’s Cote Lake Discovery” • New discovery in 2010: Further drilling needed • Initial program of nine holes totaling 1,732 m of diamond drilling completed Summer 2011 • Intersected wide zones of anomalous gold including 39.2 m averaging 0.6 g/t gold 18

  14. 1

  15. Miner Lake gold-bearing breccia 20

  16. Joint Venture Properties “BUILDING OUNCES” PROJECT ALTO TONNES GRADE OUNCES EXPLORATION (millions) (g/t) GOLD OWNERSHIP STAGE Destiny Next Gen Metals 10.8 Indicated 1.05 364,530* Drilling planned earning 60% for December, 2011 - Quebec 8.3 Inferred 0.92 247,590* $3.5 million +90% Recovery exploration Coldstream 40% 3.5 Indicated 0.85 96,400** Drilling planned - Ontario 30.5 Inferred 0.78 763,200** November 2011 +90% Recovery * 43-101 Resource Estimate - Wardrop Engineering, January 2011 ** 43-101 Resource Estimate - Wardrop Engineering, September 2011

  17. Destiny, Quebec • New emerging gold camp located 75km north of Val d’Or, Quebec • Road accessible • 23,000 Hectares staked in area • Option to earn 60% by spending $3.5 M to Next Gen Metals (N:TSX-V) • 3,500m drilling planned for November • Near surface mineralization intersected over 4 kilometres with open pit mining potential

  18. Destiny Project: DAC and Darla Gold Zones DAC Gold Deposit Darla Gold Zone

  19. Coldstream , Ontario (40%) • Four other significant targets on the property suggest there is potential for +1 million ounces** on the property • 5,000 metre drill program planned this November to test new targets • Diamond drilling planned for Q4, 2011 and Q5 2012 **this is a Forward Looking Statement, please refer to the Disclaimer at the end of this presentation 1

  20. Alto 40% Alto 40% Interest

  21. 2012 Budget Oxford Lake $1.50 m (ground geophysics and 5,000m of drilling) Beardmore Area Projects $0.25 m (Miner Lake) Other Projects/ New Acquisitions $0.50 m Working Capital $0.75 m TOTAL $3.0 m 2

  22. Share Structure • Shares O/S: 190.2 million • Warrants 64.3 million @$0.10 • Options 6.6 million $0.10 & $0.20 • Fully Diluted O/S: 261.1 million • Market Cap: C$ 5.7 million • Cash C$ 0.6 million • Current Price*: C$0.03 • High / Low: C$0.10 - $0.025 *October 19, 2011 2

  23. Board of Directors • Jerry Bulman, Chairman of the Board -30 years senior management experience in the exploration and development of a diverse range of projects that include oil & gas, coal bed methane and oil sands developments, as well as several projects in the mining sector; CEO and founder of Parkvalley Consulting Ltd., a private company based in Calgary, AB that provides consulting services to the resource sector; Director of Bold Ventures Inc. and Galena International Resources Ltd • Rick Mazur, P. Geo., MBA, Chief Executive Officer and Director - 35 years experience; 20 years in gold exploration; President & CEO of Forum Uranium Corp., Director of Impact Silver Corp. – a Mexican silver producer, and Roxgold Inc – a Burkina Faso gold explorer • Mike Koziol, P. Geo., President & Director - Over 30 years gold and base metals exploration experience in the Canadian Shield, responsible for several discoveries including Alto Destiny deposit and McIlvenna Bay, 12.6 million tonnes copper-zinc deposit in Saskatchewan. • Gary F. Zak, Vice President of Corporate Development and Director -30 years experience in providing Business Development management to public resource companies; extensive experience in funding early stage companies, organizing management, corporate and investor relations groups and mergers and acquisitions ; Ddirector of Bold Ventures Inc, Passport Potash Inc, and Whitewater Capital Corp, • David Cowan, LLB., Director - 20+ years experience - Corporate Securities Lawyer; Director of Kincora Copper Ltd., Tres-Or Resources, Gulfsands Petroleum.plc, Forum Uranium Corp and Reva Resources Corp.

  24. Disclaimer This presentation may contain forward-looking statements including, but not limited to, information regarding geological interpretations, potential timing and content of exploration programs, receipt of permits or property titles, joint venture agreements, Company financings, etc. Forward-looking statements refer to events and conditions which have not yet taken place, and therefore involve inherent risks and uncertainties. Actual results may differ materially from those anticipated in these statements. Alto relies upon litigation protection for forward-looking statements. Mike Koziol, P.Eng., P.Geo., and Rick Mazur, P.Geo., MBA, are the Qualified Persons under NI 43-101 for the projects discussed in this presentation. 24

Download Presentation
Download Policy: The content available on the website is offered to you 'AS IS' for your personal information and use only. It cannot be commercialized, licensed, or distributed on other websites without prior consent from the author. To download a presentation, simply click this link. If you encounter any difficulties during the download process, it's possible that the publisher has removed the file from their server.

Recommend


More recommend