(ALTO.OB)Alto Group Holdings, Inc. Visits Pinos Regios, Zacatecas, Mexico Gold Mining Property

Posted on 28. Jul, 2010 by PublicWire in Finance

(ALTO.OB)Alto Group Holdings, Inc. Visits Pinos Regios, Zacatecas, Mexico Gold Mining Property

(PublicWire.com News Release) Alto Group Holdings, Inc. (OTC.BB:ALTO) (”Alto Group” or the “Company”) announces management’s site visit to operating gold mining property in the Pinos Region, Zacatecas, Mexico.

The property, which has been targeted as possible acquisition, is located 8 kilometers northeast of the historic Pinos gold deposits where veins with reported bonanza grades of more than 180 grams per ton gold were mined historically on northwest striking veins making the Pinos district the largest gold producer in the State of Zacatecas during the Colonial Period. Historic records suggest the average mined grade was 98 grams per ton silver and 57 grams per ton gold. Management has traveled to this mining location after careful historical review and together with the property owners expressed willingness to contribute the project to Alto’s existing portfolio subject to final negotiation.

President and CEO Mark Daniel Klok has stated, “The field visit recently made was done to inspect the producing gold mine targeted for acquisition and to review the expansion plans which management has proposed on this project. These discussions have marked an important step toward the transition of the company to becoming a producer of gold in 2010. Additionally the field visit allowed our group to tour the company’s exploration properties Los Tres Machos and Zuna while reviewing the next phase of exploration work planned by our geological staff.”