Alto Ventures Ltd. (ATV)

[sumisu]

Alto Ventures Ltd.: 5.56 g/t Gold over 3.5 Metres Intersected at the East Coldstream Deposit, Ontario

Press Release Source: Alto Ventures Ltd. On Tuesday August 23, 2011, 7:00 am EDT

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 23, 2011) - Alto Ventures Ltd. (TSX VENTURE:ATV - News) -

Key Point Summary:

-- 5.56 g/t gold over 3.50 metres and 4.81 g/t gold over 2.0 metres intersected at the Sanders and East zones, respectively, in drill hole C-11-73

-- 2.18 g/t gold over 2.45 metres at the Sanders Zone in drill hole C-11-74

-- 1.70 g/t gold over 3.50 metres at the Sanders Zone in drill hole C-11-72

Alto Ventures Ltd. ("Alto") and Foundation Resources Inc. (TSX VENTURE:FDN - News; "Foundation") are pleased to announce the results of three more drill holes from the Sanders and East zones of the East Coldstream Gold Deposit ("Deposit"), Northwestern Ontario. These completed holes are part of a 6,000-metre drill program comprised of two main objectives: A) expanding the Deposit both laterally and down-plunge, and B) further exploring and developing the high-grade gold discovery (8.39 g/t gold over 11.0m - News Release dated March 22, 2011) as a result of a successful 2011 winter drilling program at Iris Lake. The Iris Lake discovery is located approximately 1.5 kilometres north of the East Coldstream Deposit. Foundation is the operator of this program and owns 60% interest in the Property. Alto owns the remaining 40%.

Table of Significant Gold Assays:

http://finance.yahoo.com/news/Alto-Ventures-Ltd-556-gt-Gold-ccn-2969043451.html?x=0&.v=1