SOURCE: Alto Group Holdings, Inc.

Alto Group Holdings, Inc.

November 16, 2010 09:15 ET

Alto Group Holdings Announces Operations Manager Departs to Commence Preparation of Gold Production in Sonora, Mexico

NEW YORK, NY--(Marketwire - November 16, 2010) - Alto Group Holdings, Inc. (OTCBB: ALTO) ("Alto Group" or the "Company"), an innovative mining and commodities trade company headquartered in New York, announces Operations Manager departs to commence preparation of gold production in Sonora, Mexico.

Operations manager, Mr. Steven Gorin, has departed to the La Cienega mining project in Sonora, Mexico to start arranging the necessary equipment needed to begin gold production within the coming weeks. While additional infrastructure work continues, the team members will be outlining the highest grade gold areas within the first section of the property using sophisticated geophysical technology, mapping and defining the development mine plan needed to produce the company's first gold sale planned to begin next month. These first targeted bonanza type locations of the richest gold bearing material should yield significant gold amounts for our shareholders while management gears up to increase the commercial capacity of our production operation.

Additionally, President and CEO Mark Daniel Klok released the first live interview for existing and new potential shareholders to gain insight on management's development plans for the future.

Interview can reviewed on www.osixmedia.com

Please visit the company website for details on projects at www.altomines.com

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:
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    212-901-6914 Ext. 701
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