Alto Group Holdings Announces Acquisition of Liberty American LLC

- January 26th, 2011

Alto Group Holdings, Inc. (OTC:ALTO) announces company completes acquisition of Liberty American LLC.

Alto Group Holdings, Inc. (OTC:ALTO) announces company completes acquisition of Liberty American LLC.

The press release is quoted as saying:

Liberty American LLC owns mineral rights in the La Cienega concessions which comprise approximately 200,000 hectares or almost 500,000 acres in the heart of the famous Golden Triangle district of the Mojave – Sonoran Megashear in Northern Sonora, Mexico. The district has had a spectacular history of production using very primitive methods dating back 400 years having produced 10 million ounces of gold primarily from desert placer deposits, but also from high grade hard rock lode deposits. Gold has been mined in the Golden Triangle for centuries and most of the work has been by hand, labor intensive methods. Preliminary testing investigations have shown that much of the Placer gold has not been mined by the local “Gambusino’s” (prospectors) with their hand methods such as “dry shaker cradle boxes” and “panning,” and that substantial economic reserves of gold bearing gravels remain.

Click here to access the entire press release

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