Altan Rio Minerals Ltd. announced results from the recently completed drilling program at the company's 1,402 km Chandman-Yol copper-gold porphyry project in western Mongolia, including 8.05 m at 1.77 g/t gold only 16.30 m from surface, at the recently discovered Takhilt target. Highlights: Completion of seven diamond core holes for 3,030.35 m under a contract that allows the Company to pay for approximately 60% of the invoice cost in shares (subject to TSX.V approval); Two main target areas were tested: the large concealed Ovoot IP anomaly and the extensive partly-exposed mineral system at Takhilt; At Takhilt, 17 km NNW of the major KY copper-gold porphyry system, five moderately wide spaced holes were completed and several new zones of gold and copper mineralization were intersected, including a shallow intercept beginning at 16.30 m from surface of 8.05 m at 1.77 g/t gold, including 2.5 m at the rate 5.38 g/t gold. These zones are open down dip and along strike and warrant follow-up drilling along the entire 1.5 km extent of the Takhilt structure.