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