ALTO ON A MASSIVE RUN! GET IN TUESDAY!
 

ALTO ON A MASSIVE RUN! GET IN TUESDAY!

Here’s the latest press. ALTO had a huge Friday and Tuesday should be MASSIVE!

Alto Group Provides Update at Alto-Ashanti Gold Project in Ghan

Press Release Source: Alto Group Holdings, Inc. On Friday January 15, 2010, 5:31 pm EST

NEW YORK, NY–(Marketwire – 01/15/10) – Alto Group Holdings, Inc. (OTC.BB:ALTONews) (”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.


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2010-09-02 16:02