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Article: Alto Group Holdings Inc. Chooses Ghana's Ashanti Gold Belt as Focus for Gold Exploration.
- Article from:
- Business Wire
- Article date:
- October 13, 2009
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NEWPORT BEACH, Calif. -- Alto Group Holdings, Inc. (OTCBB:ALTO) ("Alto Group" or the "Company"), today is pleased to report on why the Company chose the African country of Ghana as its first location to explore and develop gold resources. As reported earlier, Alto Group is now conducting due diligence on five mining concessions in a 200 square kilometer region of Ghana, West Africa. With gold prices at over $1,050 per ounce, the Company is very pleased to have the opportunity of exploring and developing the large concessions in the Ashanti Belt. Ghana was chosen for the following:
Ghana's mining industry has experienced explosive growth from the late 1980's until ...