Altamira Gold Corp. , is pleased to announce that it has closed the second and final tranche of the non-brokered private placement announced on February 28, 2020 and January 16, 2020. The originally announced $1,000,000 total financing was oversubscribed and the company increased the offering to $1,742,408 to accommodate additional subscribers. The Company has issued an additional 8,013,578 units at a price of $0.06 per [...]
Altamira Gold Corp. is pleased to announce that it has closed the first of two tranches of the non-brokered private placement announced on January 16, 2020. The Company also announces that the placement has been oversubscribed and it will increase the amount to be raised to a maximum of $1,650,000 through the issuance of 27,500,000 units in total, on the same terms and conditions as previously announced. The Company has [...]
Altamira Gold Corp. is pleased to announce that it has received the first Trial Mining License with respect to permit 866.160/2007 for its advanced Cajueiro Gold Project in northern Mato Grosso State in western Brazil. Highlights are as follows: The Trial Mining license No 041/2019 was recently published and follows the environmental permit LOPM No 320459 published on October 7, 2019. The Trial Mining License now grants [...]
Altamira Gold Corp. , announces that it has filed a National Instrument 43-101 Technical Report on its advanced Cajueiro project in northern Mato Grosso state in western Brazil. The Technical Report, dated November 22, 2019, effective October 10, 2019, supports the scientific and technical disclosure in the mineral resource estimates . The Technical Report is available on SEDAR at www.sedar.com and on the Company's [...]
Altamira Gold Corp. announces that it proposes to raise up to $1,000,000 through a non-brokered private placement of up to 12,500,000 units at a price of $0.08 per Unit. Each Unit is comprised of one common share and one non-transferable share purchase warrant exercisable at $0.12 per warrant share for a period of two years from the issue date. All the securities will be subject to a four-month hold period from the date [...]
Altamira Gold Corp.'s , is pleased to announce that it has received the first Environmental Permit for the Trial Mining Licenses with respect to permit 866.160/2007 for its advanced Cajueiro gold project in northern Mato Grosso state in western Brazil. Highlights are as follows: The environmental process LOPM No 320459 within permit 866.160/2007, was published on October 7, 2019 and is valid for three years until October [...]
Altamira Gold Corp.'s , is pleased to announce that it has received the results of the new resource estimate from Global Resource Engineering Ltd. for its advanced Cajueiro project in northern Mato Grosso state in western Brazil. Highlights are as follows: The 2019 Inferred resources represent a 83% increase in the total amount of contained ounces of gold and a 61% increase in the gold grade Inferred resources total [...]
Altamira Gold Corp.'s , is pleased to announce that it has received encouraging results from a follow up program of surface sampling from the Mutum target within the Apiacas gold project in northern Mato Grosso state in western Brazil. Highlights are as follows: Geological mapping of a syenogranitic intrusive has confirmed widespread quartz-sericite-pyrite alteration over a surface area of 4km by 1km at the Mutum target [...]
Altamira Gold Corp.'s , is pleased to announce that it has signed a binding agreement with FMS Investimentos e Participacoes Ltda. to commence small-scale gold production at the Cajueiro gold project located in the northern part of Mato Grosso state in western Brazil. Highlights are as follows; FMS, an established Brazilian small mining operator will sole fund, construct and operate a 1000t/d processing plant comprising a [...]
Altamira Gold Corp.'s is pleased to announce that it has hired Global Resource Engineering Ltd. to complete an updated resource estimate for the Cajueiro gold project located in the northern part of Mato Grosso state in western Brazil. The Cajueiro project is currently Altamira's key project and comprises NI 43-101 compliant resources of 8.64Mt @ 0.78 g/t Au in the Indicated Resource category and 9.53Mt @ 0.66 g/t Au in [...]
Altamira Gold Corp. , is pleased to announce the appointment of Andrei Santos to the board of directors. Mr. Santos is a Lawyer with more than 18 years of post-qualification experience, and currently provides financing, trading and operational expertise in his capacity as an Executive Director of Salinas Gold Mineração Ltda, a gold producer in Brazil that has brought a number of small mines into profitable [...]
Altamira Gold Corp. is pleased to report positive results from the initial surface rock sampling program which was recently completed at the Mutum target, located within the Apiacas project area close to the northern margin of the Alta Floresta Belt in Brazil. Highlights include; Channel sampling at the Mutum target returned 12m @ 2.0g/t gold in weathered rock with the section being open in all directions Other surface [...]