Company
Altamira Gold Corp.
CVE:ALTA
Altamira Gold Corp is focused on the exploration and development of gold projects within western central Brazil. The company holds 8 projects comprising approximately 190,000 hectares, within the prolific Juruena gold belt which historically produced an estimated 7 to 10 million ounces of placer gold. Altamira's advanced Cajueiro project has NI 43-101 resources of 5.66 million tons at 1.02 grams per ton (g/t) gold for a total of 185,000 ounces in the Indicated Resource category and 12.66 million tons at 1.26 g/t gold for a total of 515,000 ounces in the Inferred Resource category.
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Altamira Gold reports promising drill hole results from Cajueiro gold project in Brazil
The initial four diamond drill holes completed at Mara Bonita appear to have intersected a new mineralized porphyry system which is currently open in every direction, the company said
Altamira Gold reveals new gold discovery at its Cajueiro project in Brazil
“This style of gold mineralization, together with the size of the gold-in-soil anomaly (800 x 800m), suggests that Maria Bonita may have significant bulk-tonnage potential,” Altamira Gold CEO Mike Bennett said
Altamira Gold starts drilling at untested Maria Bonita target at Cajueiro project in Brazil
The target features a large gold-in-soil anomaly which is at least 800 metres (m) by 800m in size with several gold values in soils up to 1 gram per ton (g/t) gold and an initial program of six diamond drill holes is planned
Altamira Gold says soil sampling revealed a second copper-in-soil anomaly at its Santa Helena project in Brazil.
The company is now preparing for drill testing of multiple anomalies
Altamira Gold updates on drilling in Brazil; receives $1.66M through warrant exercises
"We are pleased to have the continued support of our shareholders as we advance the drilling on both our Santa Helena and Apiacas projects in Brazil," said Michael Bennett, the company's CEO
Altamira Gold says first three holes at Santa Helena copper-gold project have hit porphyry style mineralization
The confirmation at the Gabriel target confirms the prospectivity of the belt and gives the firm an exciting new target style as well as the high-grade gold and base metal veins already identified
Altamira Gold kicks off diamond drilling at Santa Helena project in Brazil to test porphyry potential
The diamond drill campaign comes after recent sampling at the Gabriel target exposed at surface a zone of copper and gold-bearing quartz stockwork extending over at least 100 meters (m), which is open in every direction
Altamira Gold is a first mover in Brazil’s emerging gold-copper belt
The company holds several projects located within the prolific Juruena gold belt, which historically produced between 7 and 10 million ounces of placer gold
Altamira Gold intersects widespread gold mineralization in first drill hole at the Mutum target in Brazil
The company said drill hole DDMUT-0001 returned 131.75 metres of 0.2 grams per tonne gold, indicating the potential for significant volumes of primary gold mineralization within the project area
Altamira Gold intersects multiple zones of disseminated sulphide mineralization at the Mutum target on Apiacas project
Altiplano’s team has submitted an application to the local environmental authority in the region to expand the area beyond the current drilling permit
Altamira Gold kicks off drilling at the Mutum target at its Apiacas gold project in Brazil
The initial 3,000-meter diamond drill program at Mutum is targeting part of the 4.4 kilometers long high chargeability Induced Polarization (IP) anomaly identified during phase 1 of the IP ground geophysical survey
Altamira Gold eyes drill start at Mutum target in Brazil this month as it hails IP survey results
An initial IP study at Mutum for 20 lines (39,200 metres) has now been completed, which has significantly expanded a high chargeability anomaly to 4,400 metres of east-west strike length, from 800 metres previously
Altamira Gold uncovers new high-chargeability anomaly at the Mutum target on its Apiacas project
An induced polarization survey revealed the anomaly is open at depth and directly below the mapped and sampled mineralized intrusive that contains gold
Altamira Gold raises additional $1,104,490 from warrant exercises; launches 3D IP survey at the Apiacas Project
The company noted that its current treasury stands at approximately $6.1 million, sufficient to undertake its aggressive 2021 exploration program
Altamira Gold says it has raised $1,432,087 as a result of the exercise of 12,334,466 share purchase warrants
Michael Bennett, Altamira Gold president & CEO said: "The exercise of these warrants provides sufficient funds to ensure the completion of a well-financed exploration drill program well into 2022"
Altamira Gold set to begin IP survey at Mutum target after receiving environmental approval from Brazilian state authorities
The permit allows the Canadian junior to complete drilling and trenching over the target area
Altamira Gold hires world-renowned Dr. Quinton Hennigh as geological advisor; to carry out IP survey at Mutum target
The IP study will better define the geology and help prioritize drill targets at Mutum, which lies 50 kilometres west of Altamira's Cajueiro gold project
Altamira Gold reveals four high-grade gold and silver vein structures at its Apiacas project in Brazil
Surface grab samples returned values of up to 403.5 g/t gold, while recent channel samples included values of up to three metres at 10.4 g/t gold
Altamira Gold raises C$4M in oversubscribed placing; Crescat becomes significant shareholder
Asset management group Crescat took part in the placing, ordering units worth C$1.5 million, becoming a significant shareholder in the resource firm
Altamira Gold receives C$500,000 from Mineracao do Para following completion of the Crepori gold project title transfer
The company has retained a 4% net smelter return royalty (NSR) as part of the agreement regarding the Crepori gold project
Altamira Gold reveals longest gold-in-soil anomaly in previously unexplored area of Cajueiro project in Brazil
The 700 metre by 100 metre anomaly was discovered at the Maria Bonita area of the project, where no drilling or trenching has taken place
Altamira Gold reports 'highly encouraging' trenching results from Cajueiro gold project in Brazil
They include an intercept of 7 metres at 1.32 grams per ton gold at Baldo 3, which is an east-north-east structure around 350 metres north of the known Baldo 1 zone
Altamira Gold exploring alternative financing options for Cajueiro after Metalstream breaches obligations under US$6 million agreement
The junior resource company said it may have to terminate the agreement, as Metalstream did not provide the initial payment of US$1 million due on June 23 or the US$5 million due 60 days afterwards
Altamira Gold uncovers new mineralized structures at its Cajueiro gold project in Brazil
Several previously unknown mineralized structures were located within the Baldo and Crente gold areas, where production is planned during the second half of 2021
Altamira Gold makes more progress at Cajueiro gold project with second trial mining license
The group said it now has the right to process a further 50,000 tonnes per year from the key Crente resource area
Altamira Gold advances its Cajuiero gold project as it gets go-ahead for power plans
The state of Para's supplier Centrais Eletricas do Para (CELPA) has given the go-ahead for the firm's application to draw power from the existing transmission line
Altamira offers the prospect of near-term gold production in Brazil, backed by huge exploration upside
Atamira has a huge package of exploration ground under license
Altamira Gold hires experienced mine operator to oversee construction at Cajueiro project
Edgar Barrios has more than three decades' experience in the construction and management of various gold mining operations
Altamira Gold targets junior gold producer status
The company holds several projects located within the prolific Juruena gold belt which historically produced between 7 and 10 million ounces of placer gold
Altamira Gold sells Crepori gold asset to Brazilian producer as it looks to advance Cajueiro project to production
The firm will receive a total of C$500,000 from the sale and retain a 4% net smelter royalty following the start of production