Altamira Gold Corp. , is pleased to provide an update on its ongoing second stage diamond drilling programme at the Maria Bonita gold discovery at its Cajueiro project located in the states of Mato Grosso and Para, Brazil. Highlights: Drilling has re-started at the Maria Bonita project following the year-end break. Drill hole MBA0010 is currently at a depth of 228 metres. A second diamond drill rig has been contracted and [...]
Altamira Gold Corp. is pleased to announce the start of a second stage diamond-drilling programme at the Maria Bonita gold discovery at its Cajueiro project located in the states of Mato Grosso and Para, Brazil. Highlights: A diamond drill programme comprising 27 diamond holes totalling 5,000m has commenced at the Maria Bonita gold discovery located 7km NW of the Cajueiro gold deposit Initial reconnaissance drilling at [...]
Altamira Gold Corp. , is pleased to provide an update on its ongoing exploration program at the Maria Bonita intrusive-hosted gold discovery which forms part of the Cajueiro gold project in the states of Mato Grosso and Para, northern Brazil. Highlights: Following the successful recent raising of C$6M, the company has concluded a ground magnetic survey together with additional soil sampling over the Maria Bonita discovery [...]
Altamira Gold Corp. , is pleased to announce that it has closed its previously announced non-brokered private placement, consisting of a total of 47,529,400 units at a price of $0.125 per Unit for aggregate gross proceeds of $5,941,175 . Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder to purchase one common share of the Company at a price of [...]
Altamira Gold Corp. , is pleased to announce that it has increased the size of its previously announced non-brokered private placement from C$2,500,000 to C$5,800,000 due to increased investor demand. Please see the Company's news release dated October 16, 2023 for further information regarding the Offering. Under the increased Offering, the Company proposes to issue up to 46,400,000 units of the Company at a price of [...]
Altamira Gold Corp. , announces a non-brokered private placement of up to 20 million units of the Company at a price of C$0.125 per Unit for gross proceeds of up to C$2.5 million. Each Unit will be comprised of one common share and one common share purchase warrant , with each Warrant exercisable into an additional common share of the Company at C$0.20 per share for a period of 24 months from closing of the Offering. Net [...]
Altamira Gold Corp. , is pleased to provide an update on its ongoing exploration program at the Maria Bonita discovery which forms part of the Cajueiro gold project in the states of Mato Grosso and Para, northern Brazil. Highlights: A recently completed deep motorised auger drilling program over the Maria Bonita discovery has extended the footprint of gold mineralization in weathered bedrock to the north, east and west of [...]
Altamira Gold Corp. is pleased to provide an update on its ongoing exploration programme for copper and gold at the Santa Helena project in Mato Grosso State, Northern Brazil. This work is being conducted in parallel with ongoing exploration at the Company's main Cajueiro gold project. Highlights: Ground magnetic work has been completed at three further copper-in-soil anomalies at the Santa Helena project , and has [...]
Altamira Gold Corp. , is pleased to provide an update on its ongoing exploration programme for copper and gold at the Santa Helena project in Mato Grosso State, Northern Brazil. Highlights: The first of four defined copper-in-soil anomalies to be surveyed with ground magnetics at Santa Helena reveals a major regional fault trend and arcuate magnetic features, consistent with hydrothermal alteration associated with a [...]
Altamira Gold Corp. is pleased to announce that it has received the results of an initial metallurgical leach characterisation test on a drill core composite sample of primary mineralization from the recent Maria Bonita discovery within the Cajueiro project in Para state, Brazil. This test complements those test results released on March 1, 2023, using the conventional cyanide leach technology. The current test was [...]
Altamira Gold Corp. , is pleased to announce that it has received the results of initial metallurgical characterisation tests on two composite drill core samples from the recently completed scout diamond drill campaign at the Maria Bonita target within the Cajueiro project in Para state, Brazil. Highlights: Cyanide leach in a 24-hour agitated leach test at a grind size of 80% passing the 75µm screen recovered 92% of total [...]
Altamira Gold CEO Michael Bennett joined Proactive to share news the company has released the last five initial diamond drillholes holes at the Maria Bonita target on the Cajueiro project in Brazil. Bennett said that the results confirmed the discovery of a significant gold mineralized system at Cajueiro about 7km west of the existing resource. The company is now planning more drilling to follow up these results [...]
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