Alto Group Holdings Inc fka ALTO

[VIPR]

RE:

Alto recently contacted Ian Thompson to obtain an updated copy of the NI43101 report. Klok had this option and elected to pass.

Why not OBTAIN the one ALTO paid 185k for in 2011 instead of a 6 year old outdated report.....?

Quote:
Item 1.01 Entry into a Material Definitive Agreement
 
Effective July 11, 2011, Alto Group Holdings, Inc. (the “Company”) entered into a consulting agreement (“Agreement”) with SRK Consulting (U.S.), Inc. (“SRK”), a Colorado-based affiliate company of SRK Consulting, an international mining consulting company with over 40 offices on 6 continents and 1,500 clients which include most of the world’s major and medium-sized metal and industrial mining houses, exploration companies, banks, petroleum exploration companies, construction firms, and government departments. The Agreement between the Company and SRK provides for payments by the Company of $185,500 in respect of a preliminary economic assessment and NI 43-101 compliant Technical Report on the Great Excelsior gold and silver mine located in the State of Washington (the “Mine”). The economic assessment provided by SRK is to include a resource estimation, mine plan and schedule, economic model, and a review of technical aspects described in subsequent disclosure documents.
 
The Company holds a 51% interest in 30 lode mining claims in connection with the Mine through a joint venture with Douglas G. McFarland. Terms of the joint venture were described in the Company’s Current Report on Form 8-K filed on April 27, 2011