Disseminated on behalf of: Altamira Gold Corp.
Mike Bennett, President and CEO of Altamira Gold Corp. (TSXV: ALTA | OTCQB: EQTRF | FSE: T6UP), discusses the company’s gold exploration focus on the Cajueiro project in Brazil’s highly prospective Juruena Gold Belt, a region with a history of artisanal gold production that runs more than 40 years. Operating across a district-scale land package of more than 90,000 hectares, the company aims to expand upon an established gold resource base of roughly 1.4 million ounces and unlock the wider potential of the Cajueiro district.
Cajueiro gold deposits anchor an established resource base
Unlike many early-stage explorers working a single prospect, Altamira Gold controls a district-scale position that already hosts two established gold deposits. According to Bennett, “We already host two established gold deposits within that land package with inferred and indicated resources totalling around 1.4 million ounces of gold.”
That existing resource base sets the company apart, giving it a foundation to build from rather than starting from grassroots exploration. With more than 90,000 hectares under its control, Altamira Gold also has the room to grow these deposits and to test new targets across the district.
Brazil gold exploration draws investor interest
With investor attention focused on gold and on stable, mining-friendly jurisdictions, Altamira Gold is positioned within a belt that has hosted artisanal gold production for more than 40 years. The Cajueiro project also benefits from excellent infrastructure, including year-round road access, proximity to regional airports, access to grid power, and exploration camp facilities on company-owned land, all of which lower costs and support efficient exploration and any future development on the project. By concentrating resource growth and new discoveries within a single, well-serviced district, the company aims to offer investors leveraged exposure to district-scale gold exploration in Brazil, anchored by established mineral deposits.
Drilling expands Cajueiro porphyry gold targets
Recent work has expanded known mineralization and confirmed additional porphyry-related gold systems within the Cajueiro district, while the company continues to identify new targets across its land package. Bennett says, “With active drilling programs in place and a steady flow of news ahead, we believe Altamira Gold offers investors a compelling exposure to district-scale gold discovery and resource growth in Brazil.”
Looking ahead, the company expects further drill results as its active programs continue, with each new target offering the potential to add to the district’s resource base.
Altamira Gold builds discovery potential in Brazil
As Altamira Gold continues to drill and define gold across the Cajueiro district, the company pairs an established resource base with district-scale exploration upside in Brazil. With active drilling underway and results expected through the year, investors gain early exposure to that growth.
Transcript
Mike Bennett: Altamira Gold is a Brazil-focused gold exploration company advancing the Cajueiro project in the highly prospective Juruena Gold Belt, a region with a 40-plus-year history of artisanal gold production. And what makes our story stand out is the scale of this opportunity. We control a district-scale land package, covering more than 90,000 hectares. We already host two established gold deposits within that land package with inferred and indicated resources totalling around 1.4 million ounces of gold.
We continue to identify new targets throughout the district. Recent drilling has expanded mineralization both beyond the existing deposit boundaries and also has confirmed additional porphyry-related gold systems. This highlights the broader potential of the Cajueiro district.
In addition to the exploration upside, Cajueiro benefits from excellent infrastructure, including year-round road access, proximity to regional airports, access to grid power, and exploration camp facilities on company-owned land, which are all important for future exploration and development.
With active drilling programs in place and a steady flow of news ahead, we believe Altamira Gold offers investors a compelling exposure to district-scale gold discovery and resource growth in Brazil.
To learn more and follow our progress, please visit our webpage, AltamiraGold.com.
About Altamira Gold Corp.
Altamira Gold Corp. (TSXV: ALTA | OTCQB: EQTRF | FSE: T6UP) is focused on the exploration and development of gold projects within western central Brazil, strategically advancing four projects spanning over 100,000 hectares within the prolific Juruena Gold Belt — an area that has historically yielded more than six million ounces of placer gold.
Learn more at altamiragold.com
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The scientific and technical information contained within this article has been reviewed and approved by Fernando Benegas, FAusIMM, a consultant to the company, who is a Qualified Person, as defined under the terms in National Instrument 43-101.
