Alto Group Holdings Announces Status of Mexican Projects and New Focus
The Company recently has suspended further exploration and production efforts on the greenfield La Cienega gold project in Sonora, Mexico. Initial mapping, pitting, and sampling conducted during this field season confirmed the occurrence of placer gold on the properties but did not reveal sufficient quantities at shallow depths to warrant implementation of a deeper drilling and sampling program recommended by the Company’s geologic staff at this time. All equipment has been moved to a storage facility within Mexico and the La Cienega base camp has been shut down and will await management’s decision to expend fiscal and manpower resources to implement the recommended exploration program at some future date.









