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Overview of Altamira Gold Corp.
Altamira Gold Corp. (symbol: EQTRF) is a specialized exploration and development company focused on gold and copper projects in western central Brazil. Operating within the prolific Juruena gold belt, the company deploys advanced geological and geophysical techniques such as diamond drilling, drone magnetic surveys, and comprehensive soil geochemistry to explore for major porphyry gold deposits. Incorporating NI 43-101 compliant methodologies, Altamira Gold leverages technical excellence and industry expertise to identify targets with significant gold mineralization potential, underpinning its robust portfolio of projects.
Core Business and Operational Focus
At its core, Altamira Gold is dedicated to the discovery and evaluation of concealed gold deposits in geologically complex terrains. The company’s primary business involves detailed exploration programs where its teams apply state-of-the-art technologies and geological modeling to delineate mineralized zones. Projects like the Maria Bonita target provide compelling case studies in modern mineral exploration, where systematic drilling and ground surveys confirm the presence of consistent and widespread gold mineralization hosted in intrusive rhyolitic rocks.
Technical Excellence and Exploration Methodologies
The exploration and surveying process employed by Altamira Gold is characterized by precision and adaptability. The company integrates a suite of technical approaches, including:
- Diamond Drilling: Provides high-quality core samples enabling detailed geological logging and the identification of mineralized intervals.
- Drone Magnetic Surveys: Enhance the accuracy of detecting subtle magnetic anomalies which correlate with hydrothermal alteration zones and intrusive bodies.
- Soil and Rock Sampling: Systematic sampling programs capture geochemical anomalies that serve as indicators of potential gold mineralization.
- Three-Dimensional Geological Modelling: Integrates drilling data with geophysical inputs to refine understanding of the spatial continuity and internal structure of mineralized systems.
This multi-disciplinary approach reinforces the company’s commitment to technical rigor and enhances its ability to delineate the geometry and extent of gold mineralized zones before further resource evaluation.
Flagship Projects and Geological Significance
The portfolio of Altamira Gold is defined by several key exploration targets that underscore its expertise in mining geology. Among these, the Cajueiro project stands as the centerpiece, characterized by extensive NI 43-101 compliant resource estimates in addition to near-surface oxide portions that have historically supported gold extraction in the region. The Maria Bonita target, located in close proximity to the Cajueiro resource, has emerged as a model for interpreting porphyry gold systems, featuring multi-phase quartz veining, pervasive potassic alteration, and drill results that indicate both lateral and vertical continuity of mineralization.
Competitive Position and Industry Context
Within the highly competitive mining exploration landscape in Brazil, Altamira Gold distinguishes itself by combining traditional field mapping with modern remote sensing and geophysical survey techniques. The company actively focuses on underexplored areas with a favorable geological backdrop, thereby ensuring that its exploration strategies are both innovative and reflective of deep sector expertise. Its balanced approach between detailed technical analysis and strategic target selection enables the company to establish credible drill targets and efficiently manage risk. The technical insights derived from new geological interpretations, such as those identifying hidden porphyritic systems and adjacent magnetic anomalies, further bolster its reputation for technical excellence.
Resource Exploration and Evaluation
The ongoing evaluation of targets such as the Maria Bonita porphyry system and ancillary prospects (including recently identified outcrop targets and new geophysical anomalies) underscores the company’s commitment to expanding its resource base. Although the exploration process is inherently complex, Altamira Gold’s methodical approach—supported by extensive trenching programs and continuous data integration—demonstrates its determination to maintain a robust exploration pipeline. Detailed studies of alteration zones and mineralized structures underpin the company’s assessments, which consistently seek to resolve uncertainties and map the continuity of mineralization with precision.
Infrastructure and Operational Environment
Operating in an area with adequate infrastructure—featuring access by road, grid power, and local water supply—Altamira Gold benefits from a conducive environment for both exploration and eventual development. Its projects lie in regions with a rich history of gold production, enhancing the geological risk profile and increasing the potential for significant discoveries. This operational setting facilitates efficient fieldwork and expedites the implementation of advanced exploration techniques.
Commitment to Expertise and Quality
Underpinned by experienced industry professionals and seasoned geoscientists, Altamira Gold’s operations reflect a commitment to quality, accountability, and technical innovation. The company’s exploration strategy is grounded in rigorous scientific methodologies and continuous refinement of its geological models, which are critical to mitigating exploration risks and accurately assessing mineral potential. Regular integration of independent expert reviews further enhances the authoritativeness and credibility of its exploration findings.
Conclusion
Altamira Gold Corp. exemplifies the contemporary exploration model through its precise articulation of geological processes, integration of advanced exploration technologies, and comprehensive exploration programs in Brazil's gold-rich regions. Its in-depth approach to delineating mineralized systems—particularly within the context of porphyry gold exploration—cements its role as an informed, technically proficient entity in the mining sector. By consistently reinforcing its methodological foundations and leveraging a robust portfolio of projects, Altamira Gold ensures that it remains a key subject of interest for industry analysis and technical investment research.
Altamira Gold Corp. (EQTRF) has announced significant results from recent trenching activities at its Cajueiro Central Project. Key findings include high-grade intercepts of 6m @ 5.12 g/t gold and 4m @ 9.50 g/t gold from oxide zone metallurgical samples, plus a notable extension discovery of 17m @ 1.46g/t gold located 200 meters beyond the current Mineral Resource limit.
The project's current NI 43-101 resources stand at 185,000 oz in the Indicated category (5.66Mt @ 1.02 g/t gold) and 515,000 oz in the Inferred category (12.66Mt @ 1.26 g/t gold). The new mineralized zone extends for 350 metres from the current resource boundary, suggesting potential for significant resource expansion.
The company has completed 1,042m of trenching across 13 trenches in the Baldo and Matrincha sectors. Additionally, a 75,000 kg metallurgical sample has been collected for initial heap leach testing.
Altamira Gold (TSXV: ALTA, OTC: EQTRF) has discovered a new gold target called Guillermo within the Cajueiro district. The target, located 2.5 km north-east of the Central Resource area, revealed significant findings including:
- A rock grab sample containing 39g/t gold from altered intrusive rocks
- A second grab sample yielding 1.1 g/t gold
- Surrounding historic placer gold workings
- Soil sampling values up to 845ppb gold
The Guillermo target is the third new gold target discovered in the area, following Mombaque and Espirro. The Cajueiro project currently has NI 43-101 resources of 185,000 oz in Indicated category (5.66Mt @ 1.02 g/t gold) and 515,000 oz in Inferred category (12.66Mt @ 1.26 g/t gold).
Altamira Gold has identified a third center of hydrothermally altered and veined porphyry rocks at the Espirro target within the Cajueiro Gold District. Located 3.2km south-east of the Maria Bonita porphyry gold discovery, the Espirro target shows large blocks of float up to 50cm in size and features a magnetic low anomaly that correlates with historic placer workings. The area extends over 35 hectares, suggesting a significant primary source. This discovery follows the identification of a second intrusive porphyry system at the Mombaque target, validating Dr. Richard Sillitoe's prediction of multiple intrusive porphyry systems at Cajueiro.
Altamira Gold Corp. (TSXV: ALTA) (OTC Pink: EQTRF) has announced progress in evaluating porphyry-related gold mineralization at its Cajueiro project. Key highlights include:
- A coherent gold-in-soil anomaly measuring up to 600m by 500m has been defined at the Mombaque prospect, 1.6km east of the Maria Bonita porphyry gold discovery
- The anomaly coincides with sericite-altered volcanic tuffs and breccias, underlain by felsic intrusives similar to Maria Bonita
- Rock chip sampling revealed porphyry-style quartz veining with anomalous gold
- A coincident magnetic anomaly and altered rocks make Mombaque a compelling drill target
- The findings suggest porphyry-style gold mineralization at Cajueiro extends over a wider area than initially thought
CEO Mike Bennett stated that this development could indicate multiple porphyry gold deposits at Cajueiro, expanding beyond the Maria Bonita system where recent drilling yielded 146m @ 1 g/t gold.
Altamira Gold Corp. (TSXV: ALTA) (OTC Pink: EQTRF) has discovered new porphyry outcrops 1.6km east of the Maria Bonita discovery within the Cajueiro project in Brazil. This suggests the mineralizing system may be larger than previously thought. Key points:
1. New outcrops show highly altered and brecciated porphyritic intrusive rock with extensive sericitic alteration and quartz veining.
2. Recent drilling at Maria Bonita intersected 146m @ 1g/t gold.
3. Cajueiro project has current NI 43-101 resources of 185,000 oz Indicated and 515,000 oz Inferred.
4. Structural and geophysical studies identified several new targets within the Cajueiro - Maria Bonita area.
5. A magnetic body 2km south-east of Maria Bonita may be related to a causative porphyritic intrusive.
Altamira Gold Corp. (TSXV: ALTA, OTC Pink: EQTRF) has provided an update on its exploration activities at the Cajueiro and Apiacas projects in Brazil. Key highlights include:
1. Final drill results from Maria Bonita discovery at Cajueiro, with 32.7m @ 0.53 g/t gold in MBA030 and 46.5m @ 0.50 g/t gold in MBA031.
2. New Casa Branca target discovered at Apiacas, with surface samples averaging 14.5 g/t gold, including two high-grade values of 69 g/t and 52 g/t gold.
3. Mineralization at Casa Branca is similar to the Mutum target, occurring in sericite-altered porphyritic intrusive rocks with pyritic sulphides.
4. Ongoing analysis and interpretation of drill results at Maria Bonita to define potential zones for further drilling.
Altamira Gold Corp. has confirmed that the Maria Bonita discovery is a porphyry gold deposit, marking a significant milestone for the company. Expert consultant Dr. R. Sillitoe validated the porphyry origin, highlighting the quartz veinlet intensity and gold grade. Initial diamond drilling revealed consistent gold mineralization with notable intercepts: 146m @ 1.0g/t gold, 50m @ 1.4g/t gold, and others.
The company has engaged A.C.A. Howe and GeophysicsOne to use satellite imagery and aeromagnetic surveys to explore additional porphyry bodies in the Cajueiro district. CEO Mike Bennett emphasized the importance of this discovery, the first of its kind in Brazil, which provides a framework for interpreting drill results and identifying new search areas.
The Cajueiro project, located in central western Brazil, contains significant gold resources with 185,000 oz in the Indicated category and 515,000 oz in the Inferred category. Initial metallurgical tests at Maria Bonita showed high gold recoveries of up to 90%.
Altamira Gold announced results from 12 additional drill holes at the Maria Bonita gold discovery in the Cajueiro Project, Brazil.
Key highlights include MBA029, which returned 146m @ 1.0 g/t gold from 23m depth, with a peak value of 2.4 g/t gold. This hole also showcased a broader zone of 213m @ 0.8 g/t gold, suggesting the mineralized body remains open at depth.
Other significant results include:
MBA016: 90m @ 0.6 g/t Au from 14m
MBA018: 105m @ 0.5 g/t Au from 23m
MBA020: 72m @ 0.4 g/t Au from 59m
MBA022: 53m @ 0.7 g/t Au from surface
CEO Mike Bennett highlighted the continuity and depth of the mineralization, confirming it remains open to the north, south, and at depth.
The Cajueiro project has NI 43-101 resources of 5.66Mt @ 1.02 g/t gold (Indicated) and 12.66Mt @ 1.26 g/t gold (Inferred).
A three-dimensional geological model is being updated to guide future drilling and resource estimation.
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