SOURCE: Alto Group Holdings, Inc.

Alto Group Holdings, Inc.

January 04, 2011 10:00 ET

Alto Group Holdings Announces Acquisition of MSI S5 (100 TPH) Gold Mining Production Plant

NEW YORK, NY--(Marketwire - January 4, 2011) - 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 MSI S5 (100 TPH) gold mining production plant.

About The MSI S5 (100 TPH) Gold Mining Trommel

Madden Steel Inc's gold mining plant has a full power 4 point drive system (which eliminates the chain drive), is fully reversible, and has a full variable speed control. Our Gold Trommel has an extra heavy shell and is completely lined with abrasion resistant plate in all wear areas, Gold Trommels have additional reinforcement in drive locations, and incorporates oversized shafts and bearings. Testing showed that some of the biggest complaints with Trommels is screen blockage, so they have taken and installed full Urethane Tapered Relief octagon screening media to help eliminate this issue, and expensive but needed adaptation. Another advantage with this screen media is it has 10 to 15 times the life of steel. Additionally, the screen media snaps into place which only take minutes instead of days or weeks as with some other systems.

Test Results:

With machine properly equipped and proper screen sizing and even fed material test plant was able to achieve up to 142 Tons Per Hour, MSI rates this machine between 75 to 100 tons per hour with material as follows:

  • 60% @ 3/4" minus
  • 25% @ 1 1/2" to 3"
  • 15% @ 3" plus
  • 650 gallon per min

*Results will vary depending screens, water and material conditions.

About the MSI S5 (100 TPH) Gold Mining Trommel
Please view the website: http://msi-mining.com/gold/gold-mining-equipment/

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Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with petroleum exploration and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-KSB for the most recent fiscal year, our quarterly reports on Form 10-QSB and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD
Alto Group Holdings, Inc.
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Mark Daniel Klok
President and CEO

Contact Information

  • Contact:
    Mark Daniel Klok
    212-803-8187