Alto Group Holdings Announces Acquisition of Ownership Interest in the Berila Gold Project
Marketwire “Press Releases”
NEW YORK, NY — (MARKET WIRE) — 01/03/11 — Alto Group Holdings, Inc. (OTCBB: ALTO) (” Alto Group ” or the “Company”), an innovative mining and commodities trade company headquartered in New York , announces company completes acquisition of ownership in the Berila gold project located in Mali , West Africa .
Berila & Alluvial Zones The Berila concession hosts a major load gold deposit referred to as the Kola primary zone. Approximately 5,000 plus artisan workers are exploiting the surface area covering a zone of 1,100 meters by 400 meters. In this area, the gold in the rock and on the surface soil is very well defined and the locals have discovered that they can afford motorcycles, generators, pumps and crushers to increase their small scale production efforts. The high-grade gold veins have areas that run from 20 g/t to over 100 g/t and merit additional exploration work on a commercial level to determine a proven gold resource and mine plan.