ALTO – Get out of the way gang here comes ALTO – The internet is buzzing, many many sites are profiling ATLO




 
Hi Subscriber,

ALTO – Get out of the way gang here comes ALTO – The internet is buzzing, many many sites are profiling ATLO

Everyone has heard that there is strength in numbers, this saying really applies to ALTO. The internet is buzzing about ALTO because over 15 newsletter sites have picked up on the ALTO story over the weekend.
 
This kind of exposure can only mean a title wave of buying. The stock seesawed last week hitting a low of 0.37 cents before closing on Friday at 0.595. The volume on Friday was extremely strong and we think its a sign of things to come.
 
 
 
 Everyone is jumping on the bandwagon and we think PSC members can make a bundle by getting in early on Tuesday on ALTO.
 
The company has an extremely good Gold property in Ghana. ALTO put out news in regards to results in Ghana on Friday. All our members should read this news and get ready to load the boat.
 
Alto Group Provides Update at Alto-Ashanti Gold Project in Ghana

2010-01-15 17:31 ET – News Release  NEW YORK, NY — (MARKET WIRE) — 01/15/10

Alto Group Holdings, Inc. (OTCBB: ALTO) ("Alto Group" or the "Company"), is pleased to offer an updated summary of recent activities at the gold exploration program currently underway at the Nkwanta Concession on the Company’s Alto-Ashanti Project in Ghana, West Africa.

Significant gold bearing quartz veins have been discovered, sampled and are undergoing further exploration throughout the Nkwanta Concession. Work crews are acquiring both surface and underground samples for gold analysis. Initial results indicate that the Golden Arrow vein appears to be the richest location with high grades of up 47.49 ounces per ton. In a 100 foot deep underground tunnel excavated by local miners, the samples averaged as high as 2.284 ounces per ton in the quartz vein with significant shows in the surrounding rock.
The Golden Arrow Vein has been traced for 275 meters on surface and appears to trend much farther. Alto crews are now working on the surface in order to expose the vein to the west. The vein is roughly 2 meters (6 feet) wide with an 85 degree dip which will easily allow for simple mining methods of extraction. Prior to any further digging, the vein will be drilled every 50 meters so that a three dimensional picture and proper resource calculation can be developed. A recent, small 800 pound bulk sample from the vein prepared by the local miners was crushed and subjected to simple mercury recovery extraction and returned a calculated grade of 2.12 ounces per ton.

Four additional veins have been discovered and identified as the Chief, D-10, Ankobra, and Scorpion veins. Visible gold has been noted in the samples acquired from the workings on the Chief and D-10 veins. These veins run parallel to Golden Arrow and are currently being sampled, excavated and drilled. Each vein represents another series of drill targets and potentially even more gold bearing rock to add to an upcoming resource calculation. At this time, over 150 samples are pending for analysis. Miners continue to dig a variety of pits to these veins and remove samples for analysis.

Alto plans to shortly complete the Phase 1 sampling program and to quickly generate a drill target plan. We currently believe that a minimum 25,000 foot drilling program may be warranted following the completion of Phase 1. Once drilling is complete, the Company will commission an independent, third party resource calculation in order to provide an accurate assessment of the tonnage and grade of the of the Nkwanta Veins.

Alto is also pleased to report that our relationship with the large crew of local miners is working extremely well and our staff of trained geological professionals is very pleased with the arrangement. We are working closely with the local tribal councils to ensure safe practices and cultural interests are preserved. Working with the indigenous labor force provides much needed employment in an area where many would be struggling to make a decent living wage and the Company is very happy to have their assistance and local knowledge. Alto Gold has posted a photo gallery which includes images of our workers and staff as well as the surface and underground exploration and development activities on our website at www.altomines.com

Further announcements will be forthcoming regarding assay results and other news from the field.

ON BEHALF OF THE BOARD
Alto Group Holdings, Inc.

Natalie Bannister
Director

Contact:
Kevin A. Mercuri
Propheta Communications
212-901-6914 Ext 701

 

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