Alto Group Holdings Announces Acquisition of Commercial Dredge for Gold Production

Alto Group Holdings, an innovative mining and commodities trade company headquartered in New York, announces, the company completes acquisition of Nessie N8DX cutter head dredge for commercial gold production at a rate of 100 yards per hour.

When using a conservative average grade of 1 gram ($43 dollars) of gold per yard, operating 100 yards per hour, 12 hours per day during a 30-day period should give you a production rate of 36,000 grams or $1,548,000 in gross cash flow monthly. These figures can yield over $9,000,000 in annual cash flow based on extracting 50% of the proposed production rates mentioned above and management is very excited about obtaining this valuable piece of extraction equipment.

Placer gold deposits in rivers occur during long periods of time, draining streams in gold mining areas feed gold rich sediments eroded from the country rocks into rivers systems which contain massive amounts of gold throughout the world. These river valleys are host to many levels of sedimentary terraces that contain gold bearing material which with today’s technology can be successfully extracted at very economical rates with no chemical processes needed.

This Nessie N8DX cutter head dredging equipment will allow the extraction of targeted gold rich sedimentary deposits with the proper recovery circuits being placed behind the main dredge for a seem less production assembly line.

Source: altomines, December 20, 2010

Share this article

Follow Dredging Today

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply