Alto Group (OTC:ALTO) Completes Acquisition

Alto Group Holdings, Inc. (OTC:ALTO), a mining and commodities trade company headquartered in New York, announced today completion of the acquisition of mineral rights in the Horse Shoe Bar gold mine. Shares of Alto Group closed on Friday at $0.0127 per share and averages 7.9 million shares traded per day. The company has a 52-week range between $0.01 and $0.17 per share.

Situated on the middle fork of the American river near Forest Hill California, the "Horse Shoe Bar" got its name because of its being naturally shaped like a horse shoe, over a mile and a half around, a few hundred yards wide.

Even though this is a Gold extraction project, it is also being viewed as an "Environmental reclamation project" in that Alto Group will be restoring natural native habitat and cleaning up old mine tailings where there was gravel extracted for a dam project up river in the early 1950s.

There are a number of exemptions regarding remedial restoration and clean ups for old mine tailings, mine dumps, mine pits and flood damage that will help expedite permitting.

According to the press release, from historical records, documents and recent testing, Alto Group estimates conservatively that there is approximately $25 to 35 million in gold (at $800.00 per ounce) on the Horse Shoe Bar in itself.

For more information on Alto Group visit the company’s Web site: http://www.altomines.com/.

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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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Big Day for Alto (OTC:ALTO) and Bonanza (OTC:BONZ)

Alto Group Holdings (OTC:ALTO) announced that it has concluded the negotiations to acquire a 50 ton per hour rock crushing plant and entered into negations with Bonanza Goldfields (OTC:BONZ) to develop a new gold mining project. Volume for both companies has skyrocketed today with Bonanza trading nearly 3 million shares and Alto Group topping the 40 million share mark. Each company also garnered some nice percentage gains today.

This equipment would allow the processing of hard rock, free milling, gold baring material at a commercial rate of 50 tons per hour and this equipment has now become part of management production plans in the 1st quarter of 2011. The company's gold exploitation efforts have taken a new direction due to management's recent visit to an undisclosed hard rock gold project (see below for project information) showing gold grades that are potentially averaging above 30 grams per ton consistently throughout the deposit. This along with other strong production targets assembled are part of a larger consolidation plan that has prompted the company to obtain this equipment.

Assuming production can be established maintaining an average of 30 grams per ton, running 10 hours per day the daily output would total 500 tons or 15,000 grams of gold per day. With gold at approximately $1,400 per ounce, or 43 dollars per gram, the company could have substantial production of as much as $600,000 per day in gross gold recovery output. This amount translates to potentially over $18,000,000 dollars per month or over $216,000,000 gross per year at maximum output maintaining the production grades mentioned above.

Management feels that if even 10% of this potential is realized the long term price per share of the company is undervalued considering this example represents only one of the many projects that are in the company's pipeline in 2011.

Bonanza Goldfields, which engages in the acquisition, exploration and development of natural resource properties, headquartered in Phoenix, Arizona, announces its has entered into negotiations with Alto Group Holdings (www.altomines.com) to participate in the development of the Zuna Mining Project.

The Zuna Exploration permit granted for 750 Ha for mineral exploration. The Permit is located approximately 10 kilometers south of the town of Huejuquilla el Alto and encompasses the Butte "Salitre". The asphalt road enters the Zuna Exploration permit on the east side of the property, located in Jalisco state. The Zuna Concession lays on top of the same geological phenomenon (Ring Fracture) as Los Tres Machos which is a project also owned by Alto Group Holdings.

Testing was done at Zuna during staking in 2006. Thirty six samples were submitted for fire assay. The average results of all samples yield 2.13 grams per ton of Au and 126 grams per ton of Ag. At the moment, Bonanza Goldfields has estimated a 5,000,000 ton deposit (non NI 43-101 compliant) and with extensive drilling the amount may increase significantly. Over the years, third party geologists and engineers hired to evaluate the area have all expressed great interest in this project and are waiting to see how both companies can explore this giant potential world-class deposit.

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Shares of ALTO Moving on Rock Crushing Plant News

Alto Group Holdings, Inc. (ALTO.OB) is seeing shares advance to nearly double where they started the day after releasing news that negotiations to acquire a 50 ton per hour rock crushing plant have been concluded. The equipment has been acquired for production plans in the first quarter of 2011. The equipment will allow for the processing of hard rock, free milling, gold baring material at a commercial rate of 50 tons per hour.

Specific details for the purpose of the machinery have not been disclosed, but the news contained information about the purchase resulting from a visit to an undisclosed location for a hard rock gold project that has shown significant potential with the deposit showing averages of over 30 grams per ton consistently throughout the deposit. The Company released estimates for the undisclosed project that projected calculations assuming that averages are constantly met and the equipment runs 10 hours per day of $200 million per year for that project alone. In order to not cast too many hypothetical goals, it was also stated that even if only 10 percent of this production can be achieved, the price per share is still undervalued.

Shares of ALTO are trading up 74.57% this morning to $0.041 as of 11:30 AM EST.




Legal Notice / Disclaimer

This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Andrew Klips (“the author”) has based this document on information obtained from sources he believes to be reliable, but which has not been independently verified; the author makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of the author only and are subject to change without notice. The author assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, the author assumes no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.

The author does not own shares of Alto Group Holdings, Inc.

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