Jan 29, 2015

Alto Ventures Confirms Kimberlite Indicator Minerals on its Gefa Property

Alto Ventures Ltd. announced recently that it had recovered  significant Kimberlite Indicator Minerals (KIMs) from till samples on the GEFA Diamond Property, located adjacent to the east of the North Arrow Minerals Inc. Pikoo diamond discovery in Northern Saskatchewan, Canada.

“The KIMs include Cr-rich chromites, Mg-ilmenites, Cr-pyrope garnets and one diamond associated eclogite garnet (Diamond Indicator Mineral "DIM"),” the company said. “Recovery of such an eclogite garnet in till is consistent with an indicator dispersion train having a potentially significant diamondiferous source. Cr-pyrope, eclogite garnet, and Mg-ilmenite KIMs have been particularly useful in this part of Saskatchewan defining the drill targets that resulted in discovery of diamond bearing kimberlite in 2013 on the adjacent Pikoo property.”

"Alto is very encouraged by these initial results" commented Rick Mazur, Alto's CEO and Director. "A single KIM grain can be relevant but recovery of numerous KIM's forming a till train including a DIM eclogite garnet suggests that this indicator dispersion train could have a potentially significant diamondiferous source up-ice. Alto will assess its further exploration plans for the property once the remainder of the KIM results are received and the airborne magnetic survey results have been interpreted."