On 29 November 2010, the company executed an agreement to acquire mineral rights of the Bogue River Dredging concession.
The Bogue River concession comprises a 10-kilometer long permit with 500 meter wide easement on both sides on the Bogue river in the Bougouni region of Mali.
This newly approved license will now allow this gold property to be put into production commercially and this event marks the needed approval to take the project into the next phase of operations, Alto said.
