Altamira Gold Secures Land Access to High-Priority Gold Targets, Unlocking a New Phase of Exploration in the West of the Cajueiro Gold District, Brazil
Altamira acquires a 58km² land package in Brazil to unlock district-scale exploration potential.
Altamira Gold Corp. has secured surface access to the western extension of its Cajueiro exploration licenses in Brazil. The newly accessible area spans 58km², with only 5km² previously sampled, significantly expanding the company's district-scale portfolio. Primary targets include the Novo Sonho prospect and the western extension of the Maria Bonita porphyry gold deposit. Novo Sonho is located approximately 3km west-southwest of Maria Bonita, defined by a 3,000m strike gold-in-soil anomaly and an alluvial dispersion train within a 15km east-west structural corridor.
Planned activities include immediate soil and stream sediment sampling, trenching, and scout drilling at Novo Sonho, alongside resource extension drilling at Maria Bonita. Existing resource context remains unchanged: Maria Bonita holds approximately 50Mt at approximately 0.45g/t Au, and Cajueiro Central holds approximately 18Mt at approximately 1.1g/t Au.
Altamira Gold Corp. (ALTA) has secured land access, a standard milestone for a junior explorer advancing a district-scale porphyry model. This development does not constitute a financial event or immediate resource conversion, but it materially de-risks the exploration pipeline by unlocking previously inaccessible ground. The news aligns with the company's stated strategy to expand the Cajueiro district footprint and test new porphyry centers along the 15km corridor. No immediate impact on cash flow or near-term production is expected, as the focus remains on exploration and resource definition.
Altamira Gold Corp. (ALTA) is a pre-revenue junior explorer focused on the Cajueiro Porphyry Gold District in Brazil's Alta Floresta-Juruena Gold Belt. The district controls approximately 90,000 hectares and hosts two independent NI 43-101 mineral resources.
- Maria Bonita: ~24.19Mt Indicated @ 0.46g/t Au and ~25.64Mt Inferred @ 0.44g/t Au.
- Cajueiro Central: ~5.66Mt Indicated @ 1.02g/t Au and ~12.66Mt Inferred @ 1.26g/t Au.
The project features a 15km east-west structural corridor with multiple porphyry targets, strong metallurgical recoveries of 90-96%, and existing infrastructure including grid power and road access.