RECENT NEWS

September 7, 2022 in 2022, News

Altamira Gold Announces New Gold Discovery at the Maria Bonita Target, Cajueiro Project, Brazil

First two diamond drill holes return 50 m @ 1 g/t gold and 55 m @ 1 g/t gold respectivelyVancouver, British Columbia--(Newsfile Corp. - September 7, 2022) - Altamira Gold…
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August 18, 2022 in 2022, News

Altamira Gold Commences Drilling at Maria Bonita Target and Receives Initial Results from Drilling at the Cajueiro Gold Deposit

Vancouver, British Columbia--(Newsfile Corp. - August 18, 2022) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF), ("Altamira" or the "Company") is pleased to announce that it has…
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A NEW GOLD EXPLORATION & DEVELOPMENT COMPANY FOCUSED IN BRAZIL

Why Altamira?

 

  • First mover in Alta Floresta Belt with around 190,000 hectares in northern Mato Grosso state, Brazil – 8 projects, with neighbors which include Anglo American, Codelco and Nexa
  • Cajueiro – Expanding Resource – Published 43-101 resource (2019) totaling oxide resources of 0.85Mt @ 0.92 g/t (Indicated) + 1.67Mt @ 1.12 g/t (Inferred) for a total of 85,000oz of gold and sulphide resources of 4.81Mt @ 1.04 g/t (Indicated) + 10.99Mt @ 1.29 g/t (Inferred) for a total of 615,000oz of gold. Resource upside both along strike and down-dip from existing 43-101 resource and from extensive untested gold-in-soil anomalies
  • Cajueiro – Near term production – advanced planning in progress for construction of 1000t/d processing plant aimed at mining oxide material. US$6 million Capex budget required for plant construction and mine development at Cajueiro. Metalstream in default of forward sale gold agreement. Altamira currently exploring alternative funding arrangements
  • Apiacas Gold Project – disseminated gold mineralization over 4 x 1km area. Undrilled. Largest placer gold camp in Alta Floresta Belt with historic artisanal production of 1Moz
  • Santa Helena Project – copper / gold mineralization located 60km SW of the Anglo American porphyry copper discovery at Jaca. Untested gold and copper soil anomalies associated with outcropping porphyry-style alteration

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TSX.V: ALTA | Frankfurt: T6UP | US: EQTRF

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