Thursday, January 20, 2011
Alto Group Holdings (OTCBB: ALTO): Expanding Commercial Production
Alto Group Holdings (OTCBB: ALTO), a mining and commodities trade company headquartered in New York, announces management has completed the necessary application to increase the concessions license on the Bogue river gold project. This increase encompasses an additional 10 kilometers which will consolidate the property's total size to 20 kilometers of length in Mali, West Africa. Management recently completed the necessary steps to increase our existing license size an additional 10 kilometers in length under Mali mining code before commercial production plans can begin within this gold-prolific area. Once completed this event will increase the property size by 100% and give longer term sustainability to the company's planned gold production of rich gold bearing material located within this land later this year.
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