Drill Results
Altamira Gold Intersects Porphyritic Intrusive Rocks in Initial Drill Holes at Two Regional Targets Within the Cajueiro District, Brazil

ALTA · Price
Executive Summary
- Altamira Gold completed initial scout drilling on two of nine district‑scale porphyry targets (Tavares Norte and Morro Verde) within the Cajueiro project, totaling 1,256 m in five holes; assay results are pending.
- Four of the five holes intersected porphyritic intrusive rocks with potassic alteration, quartz veining and disseminated sulphide minerals, supporting the company’s geological model for multiple porphyry centres.
- The company announced new marketing service agreements (CanaCom Group – C$60 k; Market One Media – $24 k) to raise its public‑market profile.
Key Details
- Drill Program: 1,256 m completed in five holes across Tavares Norte and Morro Verde targets; a second deep diamond hole is underway at Maria Bonita.
- Tavares Norte Target – 2 holes (425 m total):
- TVN001 to 198 m intersected quartz porphyry intrusive & breccias from 8‑88 m with potassic alteration, minor molybdenite and pyrite.
- TVN002 to 227 m intersected 60 m of quartz porphyry intrusive with strong potassic alteration; best‑developed quartz stockwork at 71‑80 m.
- Morro Verde Target – 3 holes (831 m total):
- MRV001/MRV002 drilled to test gossanous, sericitized rocks; MRV002 to 90 m intersected 65 m of quartz‑veined felsic porphyry with potassic alteration overprinted by chlorite/sericite.
- MRV003 to 292 m intersected 43 m of quartz‑veined porphyry.
- Assays: All drill assays are pending for the district scout holes.
- Resource Context: Cajueiro Central (5.66 Mt @ 1.02 g/t Au Indicated; 12.66 Mt @ 1.26 g/t Au Inferred) and Maria Bonita (24.19 Mt @ 0.46 g/t Au Indicated; 25.64 Mt @ 0.44 g/t Au Inferred).
- Future Plans: Additional scout drilling on the remaining seven district targets scheduled in coming weeks/months; continued deep drilling at Maria Bonita to test southern depth extensions.
- Marketing Agreements:
- Services Agreement with CanaCom Group – C$60,000 fee (12‑month term) for digital content and media distribution.
- Media Services Contract with Market One Media – $24,000 fee (12‑month term) for on‑camera interviews, editorial content, and online video services.
Notable Quotes
- Mike Bennett, President & CEO: “Four of the first five scout drill holes have intersected porphyritic intrusive rocks with potassic alteration and quartz veining… These are encouraging early signs, and we will continue to advance the testing of the district exploration targets in parallel with resource extension and delineation drilling at both the Maria Bonita and Central gold deposits.”
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Jul 23, 2026 · 08:30