IP Geophysical survey completed, and second environmental license granted Altamira Gold Corp.'s , is pleased to provide an update regarding the upcoming maiden drill program at the Mutum target within the Apiacas project and to provide further information regarding the environmental licensing at the project which is located in northern Mato Grosso, Brazil. Highlights: The initial 3,000m diamond drill program at Mutum is [...]
IP survey expanded and Drill Contract signed Altamira Gold Corp. is pleased to announce the results of the first 20 lines of the Induced Polarization survey over the Mutum gold target at its 100% controlled Apiacas gold project in Brazil. Highlights The initial IP survey at Mutum encompassing 20 N-S lines has been completed and has expanded the high chargeability anomaly from 800 to 4,400m of east-west strike length. The [...]
Altamira Gold Corp.'s is pleased to announce that 11 lines of the Induced Polarization survey have now been completed over the Mutum gold target at its 100% controlled Apiacas gold project in Brazil. Highlights Four lines covering the central portion of the target area have been processed and reveal a consistent 500-650 metre wide chargeability anomaly visible below a depth of some 70 metres on all four lines . The [...]
Ground IP Geophysical Program in progress at the Mutum Target, Apiacas Project Altamira Gold Corp.'s announces that the Company has raised an additional $1,104,490 in the past few days bringing proceeds from recent warrant exercises to $2,537,077. The Company's current treasury stands at approximately $6.1 million, sufficient to undertake its aggressive 2021 exploration program. Michael Bennett, President & CEO commented [...]
Altamira Gold Corp. announces that the Company has raised $1,432,087 since the February 5th, 2021 closing of the most recent placement. These funds were received as a result of the exercise of 12,334,466 share purchase warrants that were issued in connection with several previous non-brokered private placements. Altamira currently has 59,126,224 warrants outstanding, with a weighted average exercise price of $0.20 and a [...]
Altamira Gold Corp.'s , is pleased to announce that environmental process LOP No 324020/2021 within the Mutum gold target at its 100% controlled Apiacas gold project in Brazil has been approved. This permit allows Altamira to complete trenching and drilling over the target area. Highlights The environmental department of the state of Mato Grosso, SEMA/MT has approved the environmental permit LOP No 324020 covering the [...]
IP Survey at Mutum Target, Apiacas Gold Project, Brazil, to Commence in April Altamira Gold Corp.'s , is pleased to announce that Dr. Quinton Hennigh has joined the Company as a Geological Advisor and the commencement of Induced Polarization Geophysical survey at Mutum target, Apiacas gold project, Brazil. Highlights Dr. Quinton Hennigh, a world-renowned economic geologist with over 25 years of exploration experience has [...]
Individual samples up to 403.5 g/t gold and channel samples up to 3m @ 10.39 g/t gold Altamira Gold Corp.'s , is pleased to announce the confirmation of four high-grade gold-silver vein structures at the wholly owned Apiacas project located in Mato Grosso state, Brazil. Highlights Recent surface sampling has confirmed the presence of four NE-SW trending high-grade vein structures at the Mutum target within the Apiacas [...]
Altamira Gold Corp. , is pleased to announce that, subject to final approval from the TSX Venture Exchange, it has closed its non-brokered private placement financing, previously announced on January 28, 2021. The Company issued 20,000,000 units at a price of $0.20 per Unit for gross proceeds of $4,000,000 , representing an oversubscription of $300,000 from the originally announced Offering. Crescat Portfolio Management [...]
Altamira Gold Corp. , announces a non-brokered private placement financing of up to 18,500,000 units at a price of $0.20 per Unit for gross proceeds of up to $3,700,000 . Each Unit will consist of one common share and one-half of one common share purchase warrant . Each Warrant entitles the holder to purchase one common share in the capital of the Company at an exercise price of $0.30 per share for a period of 24 months [...]
Altamira Gold Corp.'s , is pleased to announce that it has received the C$500,000 from Mineracao do Para Ltda. following the completion of the transfer of title regarding the Crepori gold project which is located in the state of Para. The Company has retained a 4% net smelter return royalty as part of the agreement. Highlights: Altamira has received C$500,000 in consideration for the transfer of titles regarding the [...]
Altamira Gold Corp.'s , is pleased to announce the receipt of gold results from three new soil lines at the Maria Bonita target within the Cajueiro gold project in Brazil. Highlights: A major new gold-in-soil anomaly has been identified in the Maria Bonita area of the Cajueiro project. No drilling or trenching has ever been previously conducted in the area Three new N-S trending soil lines have been completed at Maria [...]