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 [...]
Altamira Gold Corp.'s , is pleased to announce the receipt of results from recent trenches that identified several new mineralized structures at the Cajueiro gold project in Brazil. Highlights: Channel results from three new mineralized structures in the Baldo area of the Cajueiro project area include 7m @ 1.32 g/t gold , 3m @ 4.43 g/t gold including 1m @ 11.59 g/t gold , and 4m @ 3.27 g/t gold including 1m @ 10.78 g/t [...]
Altamira Gold Corp.'s , wishes to provide an update regarding the previously announced definitive gold forward purchase agreement with Metalstream Ltd. for the development of the Cajueiro gold project in Brazil. On 27th April 2020, Altamira announced that it had signed a deal with Metalstream for a US$6M gold forward agreement to finance the construction of a small mine and 1000t/d processing plant at its Cajueiro gold [...]
Altamira Gold Corp.'s , is pleased to announce the discovery of several new mineralized structures at the Cajueiro gold project in Brazil resulting from a recently completed trenching program originally designed for the collection of bulk samples of oxidised material for metallurgical testwork. Highlights: As part of the engineering and design work for the construction of the 1000 t/d processing plant, Altamira completed [...]
Altamira Gold Corp.'s is pleased to announce that the second Trial Mining License within the claim block 866070/2004 has been approved for its advanced Cajueiro Gold Project in northern Mato Grosso State in western Brazil. Highlights: As recently announced, permits are in place for the construction of a 1000t/d processing plant at the Cajueiro gold project which is expected to commence during H2 2020 The second Trial [...]
Altamira Gold Corp.'s , is pleased to announce that it has received notice from Centrais Eletricas do Para , the electrical power supplier in the state of Para and a division of Grupo Equatorial Energia, approving Altamira's recent application to draw power from the existing transmission line which runs through the Central resource area by installing a 1.5 MW substation at the Cajueiro gold project. Highlights: The [...]
Altamira Gold Corp.'s is pleased to announce the appointment of Mr. Edgar Barrios as senior mining consultant and provide an update on progress regarding the development of the Cajueiro Gold Project located in the state of Mato Grosso, Brazil. Highlights: Altamira has hired Edgar Barrios to manage the construction of the mine and 1000t/d processing plant at the Cajueiro gold project in Brazil. Mr. Barrios has extensive [...]
Altamira Gold Corp.'s is pleased to announce that it has sold the Crepori gold project located in the state of Para, Brazil which comprises two claim blocks, to Mineracao do Para Ltda. , a small-scale Brazilian gold producer. The Company has retained a 4% net smelter return royalty as part of the agreement. Highlights: The Crepori gold project is Altamira Gold's only project in the Tapajos Belt of Para state, where two [...]
Altamira Gold Corp.'s is pleased to announce that it has repurchased a 1.75% net smelter return royalty from ECI Exploration and Mining Inc. on the two claims covering its Crepori gold project in the state of Para, as well as ECI's interest in the Apiacas gold project in state of Mato Grosso, Brazil, an area covered by four mining claims. Michael Bennett. President and CEO stated "Buying back the ECI royalties on the [...]
Altamira Gold Corp. , is pleased to announce the results of surface sampling work at the Santa Helena project in northern Mato Grosso state in western Brazil, and the identification of a new and previously unknown high-grade gold target on surface called Dorival South. Highlights are as follows: Eighteen rock chip samples collected from surface blocks at Dorival South, a new area at Santa Helena, returned gold values [...]
Altamira Gold Corp.'s is pleased to announce that it has received the second environmental permit required for the trial mining licenses with respect to claim 866.070/2004 for its advanced Cajueiro gold project in northern Mato Grosso state in western Brazil. Highlights are as follows: As recently announced, permits are in place for the construction of a 1000t/d processing plant at the Cajueiro gold project which is [...]
Altamira Gold Corp. , is pleased to announce that it has entered into a definitive gold forward purchase agreement with Metalstream Ltd. , for proceeds of up to USD$6 Million . The proceeds will be used for the development of the Cajueiro Gold Project located in the state of Mato Grosso, Brazil. At the same time the Company has terminated the agreement with FMS Investimentos e Participações Ltda. for the joint development [...]
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