Oct. 13, 2009 (Business Wire) -- Alto Group Holdings, Inc. (OTCBB:ALTO) (“Alto Group Holdings” or the “Company”), is pleased to report that Dr. Allan P. Juhas, Ph.D. has joined the Company in the capacity of Economic Geologist. Mr. Juhas will lead the team in preparing and completing various geological reports during the due diligence period on the Ghana West Africa Gold Project and report to Management as to the potential of the project.
Mr. Juhas holds an H.B.Sc. and a Ph.D. in Economic Geology from University of Manitoba. He has extensive domestic and international experience in mineral economics, project and property evaluations, program design and supervision, generative reconnaissance through definition stage exploration and management in all facets of the minerals exploration industry.
He has strong, hands-on, international experience in porphyry copper-gold, epithermal gold-silver, copper-nickel-platinum, and volcanogenic base and precious metal sulphide deposits. His work experience includes that of mine geologist and research geologist with INCO, senior geologist and chief geologist with Texasgulf Inc., vice-president and director of a Texasgulf exploration subsidiary and as an officer and director of various start-up and junior mining companies such as AVF Minerals Ltd., Mercator Minerals Ltd. and NovaGold Resources Inc.
For the past 20 years he has primarily been as a consultant to numerous junior, intermediate and major mining and exploration companies involved in the generation, evaluation, financing and marketing of exploration projects. Mr. Juhas has written numerous reports for mining and service companies, individuals, stock exchanges and accounting firms.
About Alto Group Holdings, Inc.
Alto Group Holdings, Inc. is an exploration and mining company focused on developing gold assets worldwide. The Company has executed an L.O.I. to begin due diligence on a large gold concession in Ghana, West Africa.
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.
